Average Price for property in North Shields is around £171,597 which varies based on type of property you are interested in and ranges from £284,918 for detached house to around £187,802 for semi-detached. Similarly terraced house is around £176,407 and a flat is worth £116,842. Values have been changing and have risen £1,559 in last 3 months alone. Similar historical trend can be observed in price changes e.g. prices changed £2,130 in last 6 months, £15,263 in last 1 year, £16,345 in last 2 years, £22,229 in last 3 years, £23,215 in last 4 years and £15,611 in last 5 years.
Currently average asking price of a property in North Shields is around £162,704 based on approximately 778 properties for sale. Same is the case with rental options based on 177 properties up for rent, average asking rent is around £720 per month.
Estimated property value in North Shields is £171,597. Average asking price is £162,704 while average price paid is £163,323 which is up by £15,263 and Avg. asking rent £720.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 North Shields area. In last 1 year alone average price buyer paid is around £163,323 based on approximately 778 sales in North Shields area alone. If you compare it to last 3 years sales of 2,365 properties where buyers paid around £159,500. 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 £159,086 for 3,784 and average amount paid for purchase of approx. 5,110 properties sold in last 7 years comes to about £156,218 per sale.