Average Price for property in Richmond Road, South Shields, NE34 is around £84,653 which varies based on type of property you are interested in and ranges from £89,935 for terraced house to around £82,205 for a flat. Values have been changing and have risen £67 in last 3 months alone. Similar historical trend can be observed in price changes e.g. prices changed £183 in last 6 months, £5,453 in last 1 year, £6,185 in last 2 years, £9,024 in last 3 years, £6,469 in last 4 years and £5,140 in last 5 years.
Currently average asking price of a property in Richmond Road, South Shields, NE34 is around £143,345 based on approximately 2 properties for sale. Same is the case with rental options based on 80 properties up for rent, average asking rent is around £634 per month.
Estimated property value in Richmond Road, South Shields, NE34 is £84,653. Average asking price is £143,345 while average price paid is £55,500 which is up by £5,453 and Avg. asking rent £634.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 Richmond Road, South Shields, NE34 area. In last 1 year alone average price buyer paid is around £55,500 based on approximately 2 sales in Richmond Road, South Shields, NE34 area alone. If you compare it to last 3 years sales of 9 properties where buyers paid around £65,555. 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 £66,246 for 16 and average amount paid for purchase of approx. 19 properties sold in last 7 years comes to about £66,813 per sale.