Values have been changing and have risen £551 in last 3 months alone. Similar historical trend can be observed in price changes e.g. prices changed £1,783 in last 6 months, £8,427 in last 1 year, £5,747 in last 2 years, £18,227 in last 3 years, £10,143 in last 4 years and £9,360 in last 5 years.
Currently average asking price of a property in Churchill Road, Gateshead, NE8 is around £124,233 based on approximately 0 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 Churchill Road, Gateshead, NE8 is £160,611. Average asking price is £124,233 while average price paid is £109,931 which is up by £18,227 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 Churchill Road, Gateshead, NE8 area. In last 3 years alone average price buyer paid is around £109,931 based on approximately 17 sales in Churchill Road, Gateshead, NE8 area alone. If you compare it to last 5 years sales of 17 properties where buyers paid around £109,931. It has been same for some time now for e.g. if you take an average of amount paid in last 7 years, it comes to around £121,259 for 31 per sale.