Average Price for property in Victoria Terrace, Springwell, Gateshead, NE9 is around £100,737 which varies based on type of property you are interested in and ranges from £114,128 for terraced house to around £73,957 for a flat. Values have been changing and have risen £113 in last 3 months alone. Similar historical trend can be observed in price changes e.g. prices changed £224 in last 6 months, £6,529 in last 1 year, £8,482 in last 2 years, £11,435 in last 3 years, £7,634 in last 4 years and £7,250 in last 5 years.
Currently average asking price of a property in Victoria Terrace, Springwell, Gateshead, NE9 is around £152,545 based on approximately 1 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 Victoria Terrace, Springwell, Gateshead, NE9 is £100,737. Average asking price is £152,545 while average price paid is £56,250 which is up by £6,529 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 Victoria Terrace, Springwell, Gateshead, NE9 area. In last 1 year alone average price buyer paid is around £56,250 based on approximately 1 sales in Victoria Terrace, Springwell, Gateshead, NE9 area alone. If you compare it to last 3 years sales of 2 properties where buyers paid around £68,125. 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 £75,416 for 3 and average amount paid for purchase of approx. 4 properties sold in last 7 years comes to about £75,687 per sale.