Values have been changing and have risen £690 in last 3 months alone. Similar historical trend can be observed in price changes e.g. prices changed £2,118 in last 6 months, £4,016 in last 1 year, £6,418 in last 2 years, £10,638 in last 3 years, £4,777 in last 4 years and £5,345 in last 5 years.
Currently average asking price of a property in Millford, Gateshead, NE10 is around £108,849 based on approximately 3 properties for sale. Same is the case with rental options based on 73 properties up for rent, average asking rent is around £639 per month.
Estimated property value in Millford, Gateshead, NE10 is £96,515. Average asking price is £108,849 while average price paid is £89,833 which is up by £4,016 and Avg. asking rent £639.Based on an Online Survey
Buyers are willing to pay high dollar prices to grab these properties because of the recent trend in real estate investment especially in Millford, Gateshead, NE10 area. In last 1 year alone average price buyer paid is around £89,833 based on approximately 3 sales in Millford, Gateshead, NE10 area alone. If you compare it to last 3 years sales of 5 properties where buyers paid around £86,300. It has been same for some time now for e.g. if you take an average of amount paid in last 5 years, it comes to around £80,543 for 9 and average amount paid for purchase of approx. 13 properties sold in last 7 years comes to about £85,530 per sale.