Values have been changing and have risen £468 in last 3 months alone. Similar historical trend can be observed in price changes e.g. prices changed £1,515 in last 6 months, £7,163 in last 1 year, £4,886 in last 2 years, £15,493 in last 3 years, £8,623 in last 4 years and £7,958 in last 5 years.
Currently average asking price of a property in Tynemouth Pass, Gateshead, NE8 is around £124,233 based on approximately 1 properties for sale. Same is the case with rental options based on 262 properties up for rent, average asking rent is around £606 per month.
Estimated property value in Tynemouth Pass, Gateshead, NE8 is £137,170. Average asking price is £124,233 while average price paid is £110,000 which is up by £7,163 and Avg. asking rent £606.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 Tynemouth Pass, Gateshead, NE8 area. In last 1 year alone average price buyer paid is around £110,000 based on approximately 1 sales in Tynemouth Pass, Gateshead, NE8 area alone. If you compare it to last 3 years sales of 73 properties where buyers paid around £106,394. 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 £106,828 for 74 and average amount paid for purchase of approx. 92 properties sold in last 7 years comes to about £109,433 per sale.