Values have been changing and have risen £421 in last 3 months alone. Similar historical trend can be observed in price changes e.g. prices changed £1,270 in last 6 months, £4,604 in last 1 year, £6,135 in last 2 years, £9,095 in last 3 years, £4,767 in last 4 years and £5,224 in last 5 years.
Currently average asking price of a property in Renforth Street, 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 Renforth Street, Dunston, Gateshead, NE11 is £88,866. Average asking price is £137,729 while average price paid is £96,500 which is up by £4,604 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 Renforth Street, Dunston, Gateshead, NE11 area. In last 1 year alone average price buyer paid is around £96,500 based on approximately 1 sales in Renforth Street, Dunston, Gateshead, NE11 area alone. If you compare it to last 3 years sales of 6 properties where buyers paid around £113,250. 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 £100,118 for 8 and average amount paid for purchase of approx. 10 properties sold in last 7 years comes to about £97,095 per sale.