Values have been changing and have risen £134 in last 3 months alone. Similar historical trend can be observed in price changes e.g. prices changed £266 in last 6 months, £7,728 in last 1 year, £10,040 in last 2 years, £13,535 in last 3 years, £9,036 in last 4 years and £8,580 in last 5 years.
Currently average asking price of a property in Queen Elizabeth Avenue, Gateshead, NE9 is around £152,545 based on approximately 1 properties for sale. Same is the case with rental options based on 42 properties up for rent, average asking rent is around £557 per month.
Estimated property value in Queen Elizabeth Avenue, Gateshead, NE9 is £110,370. Average asking price is £152,545 while average price paid is £102,000 which is up by £7,728 and Avg. asking rent £557.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 Queen Elizabeth Avenue, Gateshead, NE9 area. In last 1 year alone average price buyer paid is around £102,000 based on approximately 1 sales in Queen Elizabeth Avenue, Gateshead, NE9 area alone. If you compare it to last 3 years sales of 3 properties where buyers paid around £105,166. 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 £107,875 for 4 and average amount paid for purchase of approx. 4 properties sold in last 7 years comes to about £107,875 per sale.