Average Price for property in Rochester Gardens, Gateshead, NE11 is around £132,233 e.g. average price for semi-detached is around 132,233. Values have been changing and have risen £616 in last 3 months alone. Similar historical trend can be observed in price changes e.g. prices changed £1,859 in last 6 months, £6,742 in last 1 year, £8,981 in last 2 years, £13,310 in last 3 years, £6,968 in last 4 years and £7,632 in last 5 years.
Currently average asking price of a property in Rochester 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 Rochester Gardens, Gateshead, NE11 is £132,233. Average asking price is £137,729 while average price paid is £87,000 which is up by £6,742 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 Rochester Gardens, Gateshead, NE11 area. In last 1 year alone average price buyer paid is around £87,000 based on approximately 1 sales in Rochester Gardens, Gateshead, NE11 area alone. If you compare it to last 3 years sales of 2 properties where buyers paid around £116,500. 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 £112,000 for 3 and average amount paid for purchase of approx. 5 properties sold in last 7 years comes to about £116,200 per sale.