Values have been changing and have risen £572 in last 3 months alone. Similar historical trend can be observed in price changes e.g. prices changed £1,934 in last 6 months, £4,550 in last 1 year, £7,886 in last 2 years, £10,384 in last 3 years, £4,712 in last 4 years and £4,219 in last 5 years.
Currently average asking price of a property in Stanhope Road, South Shields, NE33 is around £124,690 based on approximately 4 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 Stanhope Road, South Shields, NE33 is £106,989. Average asking price is £124,690 while average price paid is £85,750 which is up by £4,550 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 Stanhope Road, South Shields, NE33 area. In last 1 year alone average price buyer paid is around £85,750 based on approximately 4 sales in Stanhope Road, South Shields, NE33 area alone. If you compare it to last 3 years sales of 15 properties where buyers paid around £96,000. 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 £93,320 for 32 and average amount paid for purchase of approx. 44 properties sold in last 7 years comes to about £98,419 per sale.