Alma Place, North Shields, NE29

Street Guide For Alma Place, North Shields, NE29

 

Alma Place, North Shields, NE29 Map

Estimated Price: £212,186
Average Asking Price: £129,107
Price change in last one year: £16,171
Average Price Paid: £217,208
Average Rent Rates: £684

 

Property Prices Breakdown in Alma Place, North Shields, NE29

Average Price for property in Alma Place, North Shields, NE29 is around £212,186 which varies based on type of property you are interested in and ranges from £282,062 for detached house to around £411,407 for semi-detached. Similarly terraced house is around £239,510 and a flat is worth £126,330. Values have been changing and have risen £473 in last 3 months alone. Similar historical trend can be observed in price changes e.g. prices changed £695 in last 6 months, £16,171 in last 1 year, £19,182 in last 2 years, £26,360 in last 3 years, £17,980 in last 4 years and £18,328 in last 5 years.

Currently average asking price of a property in Alma Place, North Shields, NE29 is around £129,107 based on approximately 2 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 Alma Place, North Shields, NE29 is £212,186. Average asking price is £129,107 while average price paid is £267,250 which is up by £16,171 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 Alma Place, North Shields, NE29 area. In last 1 year alone average price buyer paid is around £267,250 based on approximately 2 sales in Alma Place, North Shields, NE29 area alone. If you compare it to last 3 years sales of 8 properties where buyers paid around £212,625. 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 £217,208 for 12 and average amount paid for purchase of approx. 15 properties sold in last 7 years comes to about £222,433 per sale.

 
 

Breakdown of asking prices for homes of different sizes show that price varies clearly based on no of bedrooms and type of house. Asking price for a house with 1 bedroom is around £96,642, £130,402 for a 2 bedroom house, £148,789 for a 3 bedroom house, £229,843 for a 4 bedroom house and £265,490 for a 5 bedroom house. For a flat similarly the prices varies from £85,210 for a single bedroom to £93,215 for a 2 bedroom Flat. Same is the case with 3 bedroom flat £97,498 and £180,000 for a 4 bedroom flat. To sum up the asking prices for properties in Alma Place, North Shields, NE29 it comes to around average £87,422 for 1 bedroom property, £101,044 for 2 bedroom, £135,221 for 3 bedroom, £228,182 for 4 bedroom and £265,490 for a 5 bedroom property.

Rent per calendar month varies similarly based on type and size of the house. If you look at the rents per month for houses alone it can vary from £569 for 2 bedroom to £665 for 3 bedroom, £849 for 4 bedroom and £1,049 for 5 bedroom. But if you are interested in renting a 1 bedroom flat then rent per month can be around £549. As the no. of bedroom increase so will the rent e.g. for a 2 bedroom flat it will be around £473 and £517 for 3 bedroom. You should be generally be expecting around average £549 rent per month for single bedroom property, £481 for 2 bedroom, £586 for 3 bedroom, £849 for 4 bedroom and approximately £1,049 for a 5 bedroom property in Alma Place, North Shields, NE29 area.

Popular Houses in Alma Place, North Shields, NE29

Disclaimer : Location real estate estimates and values are based on House price index background data and Sales data provided by United Kingdom Land registry Records available as public records from their website. This information is updated monthly on our website and may not reflect all public transactions. This information is based on estimated calculation generated from our developed algorithms. We are striving to make this information as accurate and useful as possible. This data covers the transactions received at Land Registry in the period 1/1/1995 to 9/1/2014. © Crown copyright 2014. Data produced by Land Registry © Crown copyright 2014.

Areas in and around Alma Place, North Shields, NE29