Average Price for property in Springwell, Gateshead, NE9 is around £158,914 which varies based on type of property you are interested in and ranges from £185,489 for detached house to around £177,854 for semi-detached. Similarly terraced house is around £94,459. Values have been changing and have risen £186 in last 3 months alone. Similar historical trend can be observed in price changes e.g. prices changed £370 in last 6 months, £10,666 in last 1 year, £13,857 in last 2 years, £18,682 in last 3 years, £12,463 in last 4 years and £11,831 in last 5 years.
Currently average asking price of a property in 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 Springwell, Gateshead, NE9 is £158,914. Average asking price is £152,545 while average price paid is £84,500 which is up by £18,682 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 Springwell, Gateshead, NE9 area. In last 3 years alone average price buyer paid is around £84,500 based on approximately 1 sales in Springwell, Gateshead, NE9 area alone. If you compare it to last 5 years sales of 2 properties where buyers paid around £131,750. 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 £132,750 for 4 per sale.