Values have been changing and have risen £190 in last 3 months alone. Similar historical trend can be observed in price changes e.g. prices changed £279 in last 6 months, £6,464 in last 1 year, £7,670 in last 2 years, £10,542 in last 3 years, £7,198 in last 4 years and £7,341 in last 5 years.
Currently average asking price of a property in Preston Gate, North Shields, NE29 is around £129,107 based on approximately 3 properties for sale. Same is the case with rental options based on 112 properties up for rent, average asking rent is around £684 per month.
Estimated property value in Preston Gate, North Shields, NE29 is £88,974. Average asking price is £129,107 while average price paid is £64,416 which is up by £6,464 and Avg. asking rent £684.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 Preston Gate, North Shields, NE29 area. In last 1 year alone average price buyer paid is around £64,416 based on approximately 3 sales in Preston Gate, North Shields, NE29 area alone. If you compare it to last 3 years sales of 10 properties where buyers paid around £60,525. 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 £64,865 for 13 and average amount paid for purchase of approx. 15 properties sold in last 7 years comes to about £68,883 per sale.