Values have been changing and have risen £468 in last 3 months alone. Similar historical trend can be observed in price changes e.g. prices changed £1,583 in last 6 months, £3,721 in last 1 year, £6,451 in last 2 years, £8,496 in last 3 years, £3,857 in last 4 years and £3,456 in last 5 years.
Currently average asking price of a property in Roman Road, South Shields, NE33 is around £124,690 based on approximately 5 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 Roman Road, South Shields, NE33 is £88,913. Average asking price is £124,690 while average price paid is £80,000 which is up by £3,721 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 Roman Road, South Shields, NE33 area. In last 1 year alone average price buyer paid is around £80,000 based on approximately 5 sales in Roman Road, South Shields, NE33 area alone. If you compare it to last 3 years sales of 8 properties where buyers paid around £81,875. 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 £87,538 for 13 and average amount paid for purchase of approx. 20 properties sold in last 7 years comes to about £88,045 per sale.