Average Price for property in Beach Terrace, Newbiggin-by-the-Sea, NE64 is around £157,250 e.g. average price for terraced house is around 157,250. Values have been changing and have risen £197 in last 3 months alone. Similar historical trend can be observed in price changes e.g. prices changed £919 in last 6 months, £10,101 in last 1 year, £13,642 in last 2 years, £18,574 in last 3 years, £12,136 in last 4 years and £9,785 in last 5 years.
Currently average asking price of a property in Beach Terrace, Newbiggin-by-the-Sea, NE64 is around £113,984 based on approximately 1 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 Beach Terrace, Newbiggin-by-the-Sea, NE64 is £157,250. Average asking price is £113,984 while average price paid is £162,500 which is up by £10,101 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 Beach Terrace, Newbiggin-by-the-Sea, NE64 area. In last 1 year alone average price buyer paid is around £162,500 based on approximately 1 sales in Beach Terrace, Newbiggin-by-the-Sea, NE64 area alone. If you compare it to last 3 years sales of 4 properties where buyers paid around £132,375. 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 £136,000 for 6 and average amount paid for purchase of approx. 7 properties sold in last 7 years comes to about £130,857 per sale.