Values have been changing and have risen £517 in last 3 months alone. Similar historical trend can be observed in price changes e.g. prices changed £1,751 in last 6 months, £4,120 in last 1 year, £7,142 in last 2 years, £9,405 in last 3 years, £4,269 in last 4 years and £3,824 in last 5 years.
Currently average asking price of a property in River Drive, South Shields, NE33 is around £124,690 based on approximately 1 properties for sale. Same is the case with rental options based on 232 properties up for rent, average asking rent is around £545 per month.
Estimated property value in River Drive, South Shields, NE33 is £95,385. Average asking price is £124,690 while average price paid is £64,508 which is up by £4,120 and Avg. asking rent £545.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 River Drive, South Shields, NE33 area. In last 1 year alone average price buyer paid is around £64,508 based on approximately 1 sales in River Drive, South Shields, NE33 area alone. If you compare it to last 3 years sales of 5 properties where buyers paid around £80,401. 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 £87,606 for 9 and average amount paid for purchase of approx. 17 properties sold in last 7 years comes to about £97,253 per sale.