Average Price for property in Ovett Gardens, Gateshead, NE8 is around £152,335 which varies based on type of property you are interested in and ranges from £199,558 for detached house to around £169,949 for semi-detached. Similarly terraced house is around £185,668 and a flat is worth £118,997. Values have been changing and have risen £548 in last 3 months alone. Similar historical trend can be observed in price changes e.g. prices changed £1,774 in last 6 months, £8,380 in last 1 year, £5,715 in last 2 years, £18,128 in last 3 years, £10,087 in last 4 years and £9,307 in last 5 years.
Currently average asking price of a property in Ovett Gardens, Gateshead, NE8 is around £124,233 based on approximately 6 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 Ovett Gardens, Gateshead, NE8 is £152,335. Average asking price is £124,233 while average price paid is £107,166 which is up by £8,380 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 Ovett Gardens, Gateshead, NE8 area. In last 1 year alone average price buyer paid is around £107,166 based on approximately 6 sales in Ovett Gardens, Gateshead, NE8 area alone. If you compare it to last 3 years sales of 11 properties where buyers paid around £120,404. 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 £133,486 for 18 and average amount paid for purchase of approx. 22 properties sold in last 7 years comes to about £133,129 per sale.