Values have been changing and have risen £286 in last 3 months alone. Similar historical trend can be observed in price changes e.g. prices changed £927 in last 6 months, £4,384 in last 1 year, £2,992 in last 2 years, £9,486 in last 3 years, £5,285 in last 4 years and £4,879 in last 5 years.
Currently average asking price of a property in Wordsworth Street, 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 Wordsworth Street, Gateshead, NE8 is £83,022. Average asking price is £124,233 while average price paid is £124,995 which is up by £4,384 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 Wordsworth Street, Gateshead, NE8 area. In last 1 year alone average price buyer paid is around £124,995 based on approximately 1 sales in Wordsworth Street, Gateshead, NE8 area alone. If you compare it to last 3 years sales of 3 properties where buyers paid around £88,665. 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 £70,142 for 7 and average amount paid for purchase of approx. 10 properties sold in last 7 years comes to about £74,299 per sale.