Average Price for property in Rayleigh Grove, Bensham, Gateshead, NE8 is around £70,619 which varies based on type of property you are interested in and ranges from £78,359 for terraced house to around £70,164 for a flat. Values have been changing and have risen £250 in last 3 months alone. Similar historical trend can be observed in price changes e.g. prices changed £811 in last 6 months, £3,842 in last 1 year, £2,624 in last 2 years, £8,312 in last 3 years, £4,632 in last 4 years and £4,279 in last 5 years.
Currently average asking price of a property in Rayleigh Grove, Bensham, Gateshead, NE8 is around £124,528 based on approximately 0 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 Rayleigh Grove, Bensham, Gateshead, NE8 is £70,619. Average asking price is £124,528 while average price paid is £71,312 which is up by £4,279 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 Rayleigh Grove, Bensham, Gateshead, NE8 area. In last 5 years alone average price buyer paid is around £71,312 based on approximately 4 sales in Rayleigh Grove, Bensham, Gateshead, NE8 area alone. If you compare it to last 7 years sales of 4 properties where buyers paid around £71,312.