Average Price for property in Prestmede, Gateshead, NE10 is around £131,443 which varies based on type of property you are interested in and ranges from £130,779 for semi-detached to around £133,436 for terraced house. Values have been changing and have risen £944 in last 3 months alone. Similar historical trend can be observed in price changes e.g. prices changed £2,898 in last 6 months, £5,495 in last 1 year, £8,779 in last 2 years, £14,549 in last 3 years, £6,523 in last 4 years and £7,298 in last 5 years.
Currently average asking price of a property in Prestmede, Gateshead, NE10 is around £108,849 based on approximately 1 properties for sale. Same is the case with rental options based on 73 properties up for rent, average asking rent is around £639 per month.
Estimated property value in Prestmede, Gateshead, NE10 is £131,443. Average asking price is £108,849 while average price paid is £136,000 which is up by £5,495 and Avg. asking rent £639.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 Prestmede, Gateshead, NE10 area. In last 1 year alone average price buyer paid is around £136,000 based on approximately 1 sales in Prestmede, Gateshead, NE10 area alone. If you compare it to last 3 years sales of 1 properties where buyers paid around £136,000. 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 £130,500 for 2 and average amount paid for purchase of approx. 3 properties sold in last 7 years comes to about £128,666 per sale.