Redesdale Gardens, Dunston, Gateshead, NE11

Street Guide For Redesdale Gardens, Dunston, Gateshead, NE11

 

Redesdale Gardens, Dunston, Gateshead, NE11 Map

Estimated Price: £140,788
Average Asking Price: £137,729
Price change in last one year: £7,756
Average Price Paid: £125,983
Average Rent Rates: £2,127

 

Property Prices Breakdown in Redesdale Gardens, Dunston, Gateshead, NE11

Average Price for property in Redesdale Gardens, Dunston, Gateshead, NE11 is around £140,788 which varies based on type of property you are interested in and ranges from £172,693 for detached house to around £140,887 for semi-detached. Similarly terraced house is around £132,318. Values have been changing and have risen £710 in last 3 months alone. Similar historical trend can be observed in price changes e.g. prices changed £2,140 in last 6 months, £7,756 in last 1 year, £10,333 in last 2 years, £15,316 in last 3 years, £8,018 in last 4 years and £8,783 in last 5 years.

Currently average asking price of a property in Redesdale Gardens, Dunston, Gateshead, NE11 is around £137,729 based on approximately 1 properties for sale. Same is the case with rental options based on 106 properties up for rent, average asking rent is around £2,127 per month.

Estimated property value in Redesdale Gardens, Dunston, Gateshead, NE11 is £140,788. Average asking price is £137,729 while average price paid is £170,000 which is up by £7,756 and Avg. asking rent £2,127.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 Redesdale Gardens, Dunston, Gateshead, NE11 area. In last 1 year alone average price buyer paid is around £170,000 based on approximately 1 sales in Redesdale Gardens, Dunston, Gateshead, NE11 area alone. If you compare it to last 3 years sales of 4 properties where buyers paid around £124,987. 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 £125,983 for 6 and average amount paid for purchase of approx. 8 properties sold in last 7 years comes to about £125,487 per sale.

 
 

Breakdown of asking prices for homes of different sizes show that price varies clearly based on no of bedrooms and type of house. Asking price for a house with 1 bedroom is around £89,950, £118,392 for a 2 bedroom house, £128,939 for a 3 bedroom house, £232,673 for a 4 bedroom house and £215,000 for a 5 bedroom house. For a flat similarly the prices varies from £69,950 for a single bedroom to £77,452 for a 2 bedroom Flat. Same is the case with 3 bedroom flat £77,475. To sum up the asking prices for properties in Redesdale Gardens, Dunston, Gateshead, NE11 it comes to around average £79,950 for 1 bedroom property, £101,821 for 2 bedroom, £124,980 for 3 bedroom, £232,673 for 4 bedroom and £215,000 for a 5 bedroom property.

Rent per calendar month varies similarly based on type and size of the house. If you look at the rents per month for houses alone it can vary from £1,599 for 1 bedroom to £622 for 2 bedroom, £666 for 3 bedroom and £849 for 4 bedroom. But if you are interested in renting a 2 bedroom flat then rent per month can be around £518. You should be generally be expecting around average £1,599 rent per month for single bedroom property, £562 for 2 bedroom, £666 for 3 bedroom and approximately £849 for 4 bedroom property in Redesdale Gardens, Dunston, Gateshead, NE11 area.

Popular Houses in Redesdale Gardens, Dunston, Gateshead, NE11

Disclaimer : Location real estate estimates and values are based on House price index background data and Sales data provided by United Kingdom Land registry Records available as public records from their website. This information is updated monthly on our website and may not reflect all public transactions. This information is based on estimated calculation generated from our developed algorithms. We are striving to make this information as accurate and useful as possible. This data covers the transactions received at Land Registry in the period 1/1/1995 to 9/1/2014. © Crown copyright 2014. Data produced by Land Registry © Crown copyright 2014.

Areas in and around Redesdale Gardens, Dunston, Gateshead, NE11