Average Price for property in Burnfoot Terrace, Whitley Bay, NE26 is around £165,702 which varies based on type of property you are interested in and ranges from £173,359 for terraced house to around £115,933 for a flat. Values have been changing and have risen £460 in last 3 months alone. Similar historical trend can be observed in price changes e.g. prices changed £1,655 in last 6 months, £8,907 in last 1 year, £13,770 in last 2 years, £18,124 in last 3 years, £13,783 in last 4 years and £11,183 in last 5 years.
Currently average asking price of a property in Burnfoot Terrace, Whitley Bay, NE26 is around £220,015 based on approximately 1 properties for sale. Same is the case with rental options based on 61 properties up for rent, average asking rent is around £572 per month.
Estimated property value in Burnfoot Terrace, Whitley Bay, NE26 is £165,702. Average asking price is £220,015 while average price paid is £138,500 which is up by £8,907 and Avg. asking rent £572.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 Burnfoot Terrace, Whitley Bay, NE26 area. In last 1 year alone average price buyer paid is around £138,500 based on approximately 1 sales in Burnfoot Terrace, Whitley Bay, NE26 area alone. If you compare it to last 3 years sales of 2 properties where buyers paid around £156,250. 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 £152,881 for 8 and average amount paid for purchase of approx. 8 properties sold in last 7 years comes to about £152,881 per sale.