Average Price for property in Woodbine Terrace, Bensham, Gateshead, NE8 is around £174,475 e.g. average price for terraced house is around 174,475. Values have been changing and have risen £629 in last 3 months alone. Similar historical trend can be observed in price changes e.g. prices changed £2,037 in last 6 months, £9,618 in last 1 year, £6,559 in last 2 years, £20,805 in last 3 years, £11,575 in last 4 years and £10,679 in last 5 years.
Currently average asking price of a property in Woodbine Terrace, Bensham, Gateshead, NE8 is around £124,528 based on approximately 1 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 Woodbine Terrace, Bensham, Gateshead, NE8 is £174,475. Average asking price is £124,528 while average price paid is £205,000 which is up by £9,618 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 Woodbine Terrace, Bensham, Gateshead, NE8 area. In last 1 year alone average price buyer paid is around £205,000 based on approximately 1 sales in Woodbine Terrace, Bensham, Gateshead, NE8 area alone. If you compare it to last 3 years sales of 3 properties where buyers paid around £175,000. 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 £175,000 for 3 and average amount paid for purchase of approx. 4 properties sold in last 7 years comes to about £186,250 per sale.