Values have been changing and have risen £200 in last 3 months alone. Similar historical trend can be observed in price changes e.g. prices changed £397 in last 6 months, £11,432 in last 1 year, £14,852 in last 2 years, £20,022 in last 3 years, £13,355 in last 4 years and £12,678 in last 5 years.
Currently average asking price of a property in Beaconsfield Road, Low Fell, Gateshead, NE9 is around £152,545 based on approximately 5 properties for sale. Same is the case with rental options based on 42 properties up for rent, average asking rent is around £557 per month.
Estimated property value in Beaconsfield Road, Low Fell, Gateshead, NE9 is £161,948. Average asking price is £152,545 while average price paid is £178,290 which is up by £11,432 and Avg. asking rent £557.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 Beaconsfield Road, Low Fell, Gateshead, NE9 area. In last 1 year alone average price buyer paid is around £178,290 based on approximately 5 sales in Beaconsfield Road, Low Fell, Gateshead, NE9 area alone. If you compare it to last 3 years sales of 11 properties where buyers paid around £176,245. 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 £143,315 for 20 and average amount paid for purchase of approx. 22 properties sold in last 7 years comes to about £149,672 per sale.