Average Price for property in Otterburn Gardens, Low Fell, Gateshead, NE9 is around £194,483 which varies based on type of property you are interested in and ranges from £334,621 for detached house to around £183,575 for semi-detached. Similarly terraced house is around £164,132 and a flat is worth £213,028. Values have been changing and have risen £239 in last 3 months alone. Similar historical trend can be observed in price changes e.g. prices changed £474 in last 6 months, £13,685 in last 1 year, £17,777 in last 2 years, £23,963 in last 3 years, £15,985 in last 4 years and £15,174 in last 5 years.
Currently average asking price of a property in Otterburn Gardens, Low Fell, Gateshead, NE9 is around £152,545 based on approximately 1 properties for sale. Same is the case with rental options based on 42 properties up for rent, average asking rent is around £557 per month.
Estimated property value in Otterburn Gardens, Low Fell, Gateshead, NE9 is £194,483. Average asking price is £152,545 while average price paid is £176,000 which is up by £13,685 and Avg. asking rent £557.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 Otterburn Gardens, Low Fell, Gateshead, NE9 area. In last 1 year alone average price buyer paid is around £176,000 based on approximately 1 sales in Otterburn Gardens, Low Fell, Gateshead, NE9 area alone. If you compare it to last 3 years sales of 5 properties where buyers paid around £170,800. 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 £173,681 for 7 and average amount paid for purchase of approx. 9 properties sold in last 7 years comes to about £176,752 per sale.