Average Price for property in Raylees Gardens, Gateshead, NE11 is around £111,955 which varies based on type of property you are interested in and ranges from £110,773 for semi-detached to around £120,229 for terraced house. Values have been changing and have risen £548 in last 3 months alone. Similar historical trend can be observed in price changes e.g. prices changed £1,656 in last 6 months, £6,003 in last 1 year, £7,996 in last 2 years, £11,854 in last 3 years, £6,210 in last 4 years and £6,806 in last 5 years.
Currently average asking price of a property in Raylees Gardens, 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 Raylees Gardens, Gateshead, NE11 is £111,955. Average asking price is £137,729 while average price paid is £101,000 which is up by £6,003 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 Raylees Gardens, Gateshead, NE11 area. In last 1 year alone average price buyer paid is around £101,000 based on approximately 1 sales in Raylees Gardens, Gateshead, NE11 area alone. If you compare it to last 3 years sales of 2 properties where buyers paid around £98,000. 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 £98,000 for 2 and average amount paid for purchase of approx. 4 properties sold in last 7 years comes to about £104,237 per sale.