Bay View West, Newbiggin-by-the-Sea, NE64

Street Guide For Bay View West, Newbiggin-by-the-Sea, NE64

 

Bay View West, Newbiggin-by-the-Sea, NE64 Map

Estimated Price: £215,343
Average Asking Price: £113,984
Price change in last one year: £14,166
Average Price Paid: £184,666
Average Rent Rates: £451

 

Property Prices Breakdown in Bay View West, Newbiggin-by-the-Sea, NE64

Average Price for property in Bay View West, Newbiggin-by-the-Sea, NE64 is around £215,343 e.g. average price for terraced house is around 215,343. Values have been changing and have risen £276 in last 3 months alone. Similar historical trend can be observed in price changes e.g. prices changed £1,287 in last 6 months, £14,166 in last 1 year, £19,131 in last 2 years, £26,045 in last 3 years, £17,012 in last 4 years and £13,713 in last 5 years.

Currently average asking price of a property in Bay View West, Newbiggin-by-the-Sea, NE64 is around £113,984 based on approximately 0 properties for sale. Same is the case with rental options based on 20 properties up for rent, average asking rent is around £451 per month.

Estimated property value in Bay View West, Newbiggin-by-the-Sea, NE64 is £215,343. Average asking price is £113,984 while average price paid is £177,000 which is up by £26,045 and Avg. asking rent £451.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 Bay View West, Newbiggin-by-the-Sea, NE64 area. In last 3 years alone average price buyer paid is around £177,000 based on approximately 2 sales in Bay View West, Newbiggin-by-the-Sea, NE64 area alone. If you compare it to last 5 years sales of 3 properties where buyers paid around £184,666. It has been same for some time now for e.g. if you take an average of amount paid in last 7 years, it comes to around £184,666 for 3 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 2 bedroom is around £71,123, £85,522 for a 3 bedroom house, £197,739 for a 4 bedroom house and £184,950 for a 5 bedroom house. For a flat the prices of 3 bedroom is £85,000. To sum up the asking prices for properties in Bay View West, Newbiggin-by-the-Sea, NE64 it comes to around average £71,123 for 2 bedroom property, £85,508 for 3 bedroom, £197,739 for 4 bedroom and £184,950 for 5 bedroom.

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 £378 for 2 bedroom to £416 for 3 bedroom and £1,001 for 5 bedroom. You should be generally be expecting around average £378 rent per month for 2 bedroom property, £416 for 3 bedroom and approximately £1,001 for 5 bedroom property in Bay View West, Newbiggin-by-the-Sea, NE64 area.

Popular Houses in Bay View West, Newbiggin-by-the-Sea, NE64

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 Bay View West, Newbiggin-by-the-Sea, NE64