Billy Mill Avenue, North Shields, NE29

Street Guide For Billy Mill Avenue, North Shields, NE29

 

Billy Mill Avenue, North Shields, NE29 Map

Estimated Price: £127,294
Average Asking Price: £129,107
Price change in last one year: £9,167
Average Price Paid: £119,208
Average Rent Rates: £684

 

Property Prices Breakdown in Billy Mill Avenue, North Shields, NE29

Average Price for property in Billy Mill Avenue, North Shields, NE29 is around £127,294 which varies based on type of property you are interested in and ranges from £178,444 for detached house to around £166,538 for semi-detached. Similarly terraced house is around £150,491 and a flat is worth £76,558. Values have been changing and have risen £269 in last 3 months alone. Similar historical trend can be observed in price changes e.g. prices changed £396 in last 6 months, £9,167 in last 1 year, £10,874 in last 2 years, £14,944 in last 3 years, £10,199 in last 4 years and £10,397 in last 5 years.

Currently average asking price of a property in Billy Mill Avenue, North Shields, NE29 is around £129,107 based on approximately 6 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 Billy Mill Avenue, North Shields, NE29 is £127,294. Average asking price is £129,107 while average price paid is £129,583 which is up by £9,167 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 Billy Mill Avenue, North Shields, NE29 area. In last 1 year alone average price buyer paid is around £129,583 based on approximately 6 sales in Billy Mill Avenue, North Shields, NE29 area alone. If you compare it to last 3 years sales of 7 properties where buyers paid around £126,785. 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 £119,208 for 12 and average amount paid for purchase of approx. 14 properties sold in last 7 years comes to about £123,035 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 Billy Mill Avenue, 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 Billy Mill Avenue, North Shields, NE29 area.

Popular Houses in Billy Mill Avenue, 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 Billy Mill Avenue, North Shields, NE29