Parklands, Wardley, Gateshead, NE10

Street Guide For Parklands, Wardley, Gateshead, NE10

 

Parklands, Wardley, Gateshead, NE10 Map

Estimated Price: £151,956
Average Asking Price: £108,347
Price change in last one year: £6,571
Average Price Paid: £158,111
Average Rent Rates: £631

 

Property Prices Breakdown in Parklands, Wardley, Gateshead, NE10

Average Price for property in Parklands, Wardley, Gateshead, NE10 is around £151,956 which varies based on type of property you are interested in and ranges from £180,815 for detached house to around £138,119 for semi-detached. Similarly terraced house is around £123,872. Values have been changing and have risen £1,129 in last 3 months alone. Similar historical trend can be observed in price changes e.g. prices changed £3,468 in last 6 months, £6,571 in last 1 year, £10,499 in last 2 years, £17,402 in last 3 years, £7,798 in last 4 years and £8,726 in last 5 years.

Currently average asking price of a property in Parklands, Wardley, Gateshead, NE10 is around £108,347 based on approximately 1 properties for sale. Same is the case with rental options based on 76 properties up for rent, average asking rent is around £631 per month.

Estimated property value in Parklands, Wardley, Gateshead, NE10 is £151,956. Average asking price is £108,347 while average price paid is £123,000 which is up by £6,571 and Avg. asking rent £631.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 Parklands, Wardley, Gateshead, NE10 area. In last 1 year alone average price buyer paid is around £123,000 based on approximately 1 sales in Parklands, Wardley, Gateshead, NE10 area alone. If you compare it to last 3 years sales of 2 properties where buyers paid around £140,000. 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 £158,111 for 9 and average amount paid for purchase of approx. 11 properties sold in last 7 years comes to about £152,999 per sale.

 
 

Breakdown of asking prices for homes of different sizes show that price varies clearly based on no of bedrooms and type of house. Asking price for a house with 1 bedroom is around £83,983, £99,888 for a 2 bedroom house, £133,183 for a 3 bedroom house, £185,354 for a 4 bedroom house and £168,000 for a 5 bedroom house. For a flat similarly the prices varies from £53,986 for a single bedroom to £79,480 for a 2 bedroom Flat. Same is the case with 3 bedroom flat £82,572, £89,950 for a 4 bedroom flat and £94,475 for a 5 bedroom flat. To sum up the asking prices for properties in Parklands, Wardley, Gateshead, NE10 it comes to around average £60,414 for 1 bedroom property, £88,802 for 2 bedroom, £125,836 for 3 bedroom, £178,015 for 4 bedroom and £143,492 for a 5 bedroom property.

Rent per calendar month varies similarly based on type and size of the house. If you look at the rents per month for houses alone it can vary from £344 for 1 bedroom to £546 for 2 bedroom, £599 for 3 bedroom and £849 for 4 bedroom. But if you are interested in renting a 1 bedroom flat then rent per month can be around £363. As the no. of bedroom increase so will the rent e.g. for a 2 bedroom flat it will be around £481, £451 for 3 bedroom and £676 for 5 bedroom. You should be generally be expecting around average £357 rent per month for single bedroom property, £500 for 2 bedroom, £540 for 3 bedroom, £849 for 4 bedroom and approximately £676 for a 5 bedroom property in Parklands, Wardley, Gateshead, NE10 area.

Popular Houses in Parklands, Wardley, Gateshead, NE10

Disclaimer : Location real estate estimates and values are based on House price index background data and Sales data provided by United Kingdom Land registry Records available as public records from their website. This information is updated monthly on our website and may not reflect all public transactions. This information is based on estimated calculation generated from our developed algorithms. We are striving to make this information as accurate and useful as possible. This data covers the transactions received at Land Registry in the period 1/1/1995 to 9/1/2014. © Crown copyright 2014. Data produced by Land Registry © Crown copyright 2014.

Areas in and around Parklands, Wardley, Gateshead, NE10