Average Price for property in Sorrel Gardens, South Shields, NE34 is around £172,978 which varies based on type of property you are interested in and ranges from £224,441 for detached house to around £166,131 for semi-detached. Similarly terraced house is around £152,216. Values have been changing and have risen £139 in last 3 months alone. Similar historical trend can be observed in price changes e.g. prices changed £382 in last 6 months, £11,417 in last 1 year, £12,942 in last 2 years, £18,882 in last 3 years, £13,522 in last 4 years and £10,731 in last 5 years.
Currently average asking price of a property in Sorrel Gardens, South Shields, NE34 is around £143,345 based on approximately 1 properties for sale. Same is the case with rental options based on 80 properties up for rent, average asking rent is around £634 per month.
Estimated property value in Sorrel Gardens, South Shields, NE34 is £172,978. Average asking price is £143,345 while average price paid is £184,000 which is up by £11,417 and Avg. asking rent £634.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 Sorrel Gardens, South Shields, NE34 area. In last 1 year alone average price buyer paid is around £184,000 based on approximately 1 sales in Sorrel Gardens, South Shields, NE34 area alone. If you compare it to last 3 years sales of 3 properties where buyers paid around £152,983. 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 £140,741 for 6 and average amount paid for purchase of approx. 10 properties sold in last 7 years comes to about £150,345 per sale.