Average Price for property in Summerhill Road, South Shields, NE34 is around £176,067 which varies based on type of property you are interested in and ranges from £201,902 for detached house to around £175,398 for semi-detached. Similarly terraced house is around £155,370. Values have been changing and have risen £142 in last 3 months alone. Similar historical trend can be observed in price changes e.g. prices changed £387 in last 6 months, £11,546 in last 1 year, £13,088 in last 2 years, £19,095 in last 3 years, £13,675 in last 4 years and £10,852 in last 5 years.
Currently average asking price of a property in Summerhill Road, South Shields, NE34 is around £143,345 based on approximately 3 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 Summerhill Road, South Shields, NE34 is £176,067. Average asking price is £143,345 while average price paid is £152,816 which is up by £11,546 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 Summerhill Road, South Shields, NE34 area. In last 1 year alone average price buyer paid is around £152,816 based on approximately 3 sales in Summerhill Road, South Shields, NE34 area alone. If you compare it to last 3 years sales of 7 properties where buyers paid around £145,100. 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 £145,069 for 10 and average amount paid for purchase of approx. 11 properties sold in last 7 years comes to about £142,699 per sale.