Values have been changing and have risen £690 in last 3 months alone. Similar historical trend can be observed in price changes e.g. prices changed £2,334 in last 6 months, £5,480 in last 1 year, £9,502 in last 2 years, £12,511 in last 3 years, £5,670 in last 4 years and £5,076 in last 5 years.
Currently average asking price of a property in Bamburgh Avenue, South Shields, NE33 is around £124,690 based on approximately 3 properties for sale. Same is the case with rental options based on 232 properties up for rent, average asking rent is around £545 per month.
Estimated property value in Bamburgh Avenue, South Shields, NE33 is £133,543. Average asking price is £124,690 while average price paid is £145,166 which is up by £5,480 and Avg. asking rent £545.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 Bamburgh Avenue, South Shields, NE33 area. In last 1 year alone average price buyer paid is around £145,166 based on approximately 3 sales in Bamburgh Avenue, South Shields, NE33 area alone. If you compare it to last 3 years sales of 8 properties where buyers paid around £126,812. 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 £126,870 for 12 and average amount paid for purchase of approx. 17 properties sold in last 7 years comes to about £130,111 per sale.