Average Price for property in Sherburn Way, Gateshead, NE10 is around £158,925 which varies based on type of property you are interested in and ranges from £202,229 for detached house to around £147,452 for semi-detached. Similarly terraced house is around £129,229 and a flat is worth £73,781. Values have been changing and have risen £1,190 in last 3 months alone. Similar historical trend can be observed in price changes e.g. prices changed £3,653 in last 6 months, £6,924 in last 1 year, £11,060 in last 2 years, £18,332 in last 3 years, £8,216 in last 4 years and £9,194 in last 5 years.
Currently average asking price of a property in Sherburn Way, Gateshead, NE10 is around £108,849 based on approximately 1 properties for sale. Same is the case with rental options based on 73 properties up for rent, average asking rent is around £639 per month.
Estimated property value in Sherburn Way, Gateshead, NE10 is £158,925. Average asking price is £108,849 while average price paid is £120,000 which is up by £6,924 and Avg. asking rent £639.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 Sherburn Way, Gateshead, NE10 area. In last 1 year alone average price buyer paid is around £120,000 based on approximately 1 sales in Sherburn Way, Gateshead, NE10 area alone. If you compare it to last 3 years sales of 10 properties where buyers paid around £140,000. 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 £140,500 for 15 and average amount paid for purchase of approx. 20 properties sold in last 7 years comes to about £139,775 per sale.