Average Price for property in Burn Terrace, Hebburn, NE31 is around £57,122 which varies based on type of property you are interested in and ranges from £46,933 for terraced house to around £59,160 for a flat. Values have been changing and have risen £134 in last 3 months alone. Similar historical trend can be observed in price changes e.g. prices changed £324 in last 6 months, £3,886 in last 1 year, £4,311 in last 2 years, £6,105 in last 3 years, £4,101 in last 4 years and £2,642 in last 5 years.
Currently average asking price of a property in Burn Terrace, Hebburn, NE31 is around £138,824 based on approximately 0 properties for sale. Same is the case with rental options based on 52 properties up for rent, average asking rent is around £742 per month.
Estimated property value in Burn Terrace, Hebburn, NE31 is £57,122. Average asking price is £138,824 while average price paid is £41,500 which is up by £6,105 and Avg. asking rent £742.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 Burn Terrace, Hebburn, NE31 area. In last 3 years alone average price buyer paid is around £41,500 based on approximately 1 sales in Burn Terrace, Hebburn, NE31 area alone. If you compare it to last 5 years sales of 1 properties where buyers paid around £41,500. 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 £57,166 for 3 per sale.