Average Price for property in Westbourne Avenue, Bensham, Gateshead, NE8 is around £82,434 which varies based on type of property you are interested in and ranges from £113,547 for terraced house to around £79,738 for a flat. Values have been changing and have risen £282 in last 3 months alone. Similar historical trend can be observed in price changes e.g. prices changed £916 in last 6 months, £4,337 in last 1 year, £2,961 in last 2 years, £9,382 in last 3 years, £5,230 in last 4 years and £4,830 in last 5 years.
Currently average asking price of a property in Westbourne Avenue, Bensham, Gateshead, NE8 is around £124,528 based on approximately 4 properties for sale. Same is the case with rental options based on 259 properties up for rent, average asking rent is around £605 per month.
Estimated property value in Westbourne Avenue, Bensham, Gateshead, NE8 is £82,434. Average asking price is £124,528 while average price paid is £75,075 which is up by £4,337 and Avg. asking rent £605.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 Westbourne Avenue, Bensham, Gateshead, NE8 area. In last 1 year alone average price buyer paid is around £75,075 based on approximately 4 sales in Westbourne Avenue, Bensham, Gateshead, NE8 area alone. If you compare it to last 3 years sales of 18 properties where buyers paid around £76,213. 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 £83,870 for 29 and average amount paid for purchase of approx. 43 properties sold in last 7 years comes to about £85,788 per sale.