Average Price for property in Somerford, Springwell, Gateshead, NE9 is around £126,855 which varies based on type of property you are interested in and ranges from £95,422 for semi-detached to around £128,951 for terraced house. Values have been changing and have risen £148 in last 3 months alone. Similar historical trend can be observed in price changes e.g. prices changed £294 in last 6 months, £8,536 in last 1 year, £11,089 in last 2 years, £14,949 in last 3 years, £9,976 in last 4 years and £9,473 in last 5 years.
Currently average asking price of a property in Somerford, Springwell, Gateshead, NE9 is around £152,545 based on approximately 0 properties for sale. Same is the case with rental options based on 42 properties up for rent, average asking rent is around £557 per month.
Estimated property value in Somerford, Springwell, Gateshead, NE9 is £126,855. Average asking price is £152,545 while average price paid is £92,250 which is up by £14,949 and Avg. asking rent £557.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 Somerford, Springwell, Gateshead, NE9 area. In last 3 years alone average price buyer paid is around £92,250 based on approximately 2 sales in Somerford, Springwell, Gateshead, NE9 area alone. If you compare it to last 5 years sales of 4 properties where buyers paid around £95,625. It has been same for some time now for e.g. if you take an average of amount paid in last 7 years, it comes to around £100,750 for 6 per sale.