Average Price for property in Pennine Gardens, Gateshead, NE11 is around £114,683 which varies based on type of property you are interested in and ranges from £136,697 for detached house to around £112,237 for semi-detached. Values have been changing and have risen £545 in last 3 months alone. Similar historical trend can be observed in price changes e.g. prices changed £1,644 in last 6 months, £5,959 in last 1 year, £7,940 in last 2 years, £11,768 in last 3 years, £6,162 in last 4 years and £6,750 in last 5 years.
Currently average asking price of a property in Pennine 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 Pennine Gardens, Gateshead, NE11 is £114,683. Average asking price is £137,729 while average price paid is £114,997 which is up by £5,959 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 Pennine Gardens, Gateshead, NE11 area. In last 1 year alone average price buyer paid is around £114,997 based on approximately 2 sales in Pennine Gardens, Gateshead, NE11 area alone. If you compare it to last 3 years sales of 3 properties where buyers paid around £103,998. 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 £100,389 for 5 and average amount paid for purchase of approx. 8 properties sold in last 7 years comes to about £104,368 per sale.