Average Price for property in Mourne Gardens, Gateshead, NE11 is around £106,516 which varies based on type of property you are interested in and ranges from £120,811 for semi-detached to around £92,222 for terraced house. Values have been changing and have risen £494 in last 3 months alone. Similar historical trend can be observed in price changes e.g. prices changed £1,490 in last 6 months, £5,398 in last 1 year, £7,193 in last 2 years, £10,661 in last 3 years, £5,584 in last 4 years and £6,117 in last 5 years.
Currently average asking price of a property in Mourne Gardens, Gateshead, NE11 is around £137,729 based on approximately 2 properties for sale. Same is the case with rental options based on 105 properties up for rent, average asking rent is around £2,142 per month.
Estimated property value in Mourne Gardens, Gateshead, NE11 is £106,516. Average asking price is £137,729 while average price paid is £84,750 which is up by £5,398 and Avg. asking rent £2,142.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 Mourne Gardens, Gateshead, NE11 area. In last 1 year alone average price buyer paid is around £84,750 based on approximately 2 sales in Mourne Gardens, Gateshead, NE11 area alone. If you compare it to last 3 years sales of 2 properties where buyers paid around £84,750. 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 £84,750 for 2 and average amount paid for purchase of approx. 2 properties sold in last 7 years comes to about £84,750 per sale.