Average Price for property in Summerhill, Jarrow, NE32 is around £87,249 e.g. average price for semi-detached is around 87,249. Values have been changing and have risen £420 in last 3 months alone. Similar historical trend can be observed in price changes e.g. prices changed £1,378 in last 6 months, £3,977 in last 1 year, £6,702 in last 2 years, £8,942 in last 3 years, £3,750 in last 4 years and £4,795 in last 5 years.
Currently average asking price of a property in Summerhill, Jarrow, NE32 is around £126,145 based on approximately 1 properties for sale. Same is the case with rental options based on 40 properties up for rent, average asking rent is around £579 per month.
Estimated property value in Summerhill, Jarrow, NE32 is £87,249. Average asking price is £126,145 while average price paid is £85,000 which is up by £3,977 and Avg. asking rent £579.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 Summerhill, Jarrow, NE32 area. In last 1 year alone average price buyer paid is around £85,000 based on approximately 1 sales in Summerhill, Jarrow, NE32 area alone. If you compare it to last 3 years sales of 3 properties where buyers paid around £74,316. 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 £74,316 for 3 and average amount paid for purchase of approx. 5 properties sold in last 7 years comes to about £83,590 per sale.