Average Price for property in Northbourne Street, Gateshead, NE8 is around £76,632 which varies based on type of property you are interested in and ranges from £93,986 for terraced house to around £71,100 for a flat. Values have been changing and have risen £258 in last 3 months alone. Similar historical trend can be observed in price changes e.g. prices changed £836 in last 6 months, £3,963 in last 1 year, £2,708 in last 2 years, £8,574 in last 3 years, £4,780 in last 4 years and £4,414 in last 5 years.
Currently average asking price of a property in Northbourne Street, Gateshead, NE8 is around £124,233 based on approximately 1 properties for sale. Same is the case with rental options based on 262 properties up for rent, average asking rent is around £606 per month.
Estimated property value in Northbourne Street, Gateshead, NE8 is £76,632. Average asking price is £124,233 while average price paid is £72,000 which is up by £3,963 and Avg. asking rent £606.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 Northbourne Street, Gateshead, NE8 area. In last 1 year alone average price buyer paid is around £72,000 based on approximately 1 sales in Northbourne Street, Gateshead, NE8 area alone. If you compare it to last 3 years sales of 3 properties where buyers paid around £53,000. 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 £64,833 for 6 and average amount paid for purchase of approx. 12 properties sold in last 7 years comes to about £73,666 per sale.