Average Price for property in Prospect Terrace, Kibblesworth, Gateshead, NE11 is around £112,361 e.g. average price for terraced house is around 112,361. Values have been changing and have risen £518 in last 3 months alone. Similar historical trend can be observed in price changes e.g. prices changed £1,565 in last 6 months, £5,675 in last 1 year, £7,562 in last 2 years, £11,208 in last 3 years, £5,872 in last 4 years and £6,432 in last 5 years.
Currently average asking price of a property in Prospect Terrace, Kibblesworth, Gateshead, NE11 is around £137,729 based on approximately 1 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 Prospect Terrace, Kibblesworth, Gateshead, NE11 is £112,361. Average asking price is £137,729 while average price paid is £82,000 which is up by £5,675 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 Prospect Terrace, Kibblesworth, Gateshead, NE11 area. In last 1 year alone average price buyer paid is around £82,000 based on approximately 1 sales in Prospect Terrace, Kibblesworth, Gateshead, NE11 area alone. If you compare it to last 3 years sales of 2 properties where buyers paid around £90,975. 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 £85,650 for 3 and average amount paid for purchase of approx. 3 properties sold in last 7 years comes to about £85,650 per sale.