Average Price for property in Bromley Avenue, Whitley Bay, NE25 is around £198,366 which varies based on type of property you are interested in and ranges from £311,887 for detached house to around £220,184 for semi-detached. Similarly terraced house is around £92,545 and a flat is worth £130,987. Values have been changing and have risen £803 in last 3 months alone. Similar historical trend can be observed in price changes e.g. prices changed £1,680 in last 6 months, £11,156 in last 1 year, £15,356 in last 2 years, £22,836 in last 3 years, £13,645 in last 4 years and £13,928 in last 5 years.
Currently average asking price of a property in Bromley Avenue, Whitley Bay, NE25 is around £187,900 based on approximately 3 properties for sale. Same is the case with rental options based on 59 properties up for rent, average asking rent is around £548 per month.
Estimated property value in Bromley Avenue, Whitley Bay, NE25 is £198,366. Average asking price is £187,900 while average price paid is £143,666 which is up by £11,156 and Avg. asking rent £548.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 Bromley Avenue, Whitley Bay, NE25 area. In last 1 year alone average price buyer paid is around £143,666 based on approximately 3 sales in Bromley Avenue, Whitley Bay, NE25 area alone. If you compare it to last 3 years sales of 5 properties where buyers paid around £153,190. 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 £159,658 for 6 and average amount paid for purchase of approx. 9 properties sold in last 7 years comes to about £165,161 per sale.