Values have been changing and have risen £370 in last 3 months alone. Similar historical trend can be observed in price changes e.g. prices changed £1,333 in last 6 months, £7,189 in last 1 year, £11,114 in last 2 years, £14,625 in last 3 years, £11,125 in last 4 years and £9,031 in last 5 years.
Currently average asking price of a property in Cambridge Avenue, Whitley Bay, NE26 is around £220,015 based on approximately 3 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 Cambridge Avenue, Whitley Bay, NE26 is £131,547. Average asking price is £220,015 while average price paid is £141,316 which is up by £7,189 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 Cambridge Avenue, Whitley Bay, NE26 area. In last 1 year alone average price buyer paid is around £141,316 based on approximately 3 sales in Cambridge Avenue, Whitley Bay, NE26 area alone. If you compare it to last 3 years sales of 13 properties where buyers paid around £117,265. 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 £110,470 for 23 and average amount paid for purchase of approx. 31 properties sold in last 7 years comes to about £112,203 per sale.