Average Price for property in Cherry Tree Walk, Hebburn, NE31 is around £129,365 which varies based on type of property you are interested in and ranges from £130,939 for semi-detached to around £121,501 for terraced house. Values have been changing and have risen £287 in last 3 months alone. Similar historical trend can be observed in price changes e.g. prices changed £695 in last 6 months, £8,280 in last 1 year, £9,177 in last 2 years, £12,996 in last 3 years, £8,713 in last 4 years and £5,595 in last 5 years.
Currently average asking price of a property in Cherry Tree Walk, Hebburn, NE31 is around £138,824 based on approximately 3 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 Cherry Tree Walk, Hebburn, NE31 is £129,365. Average asking price is £138,824 while average price paid is £113,000 which is up by £8,280 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 Cherry Tree Walk, Hebburn, NE31 area. In last 1 year alone average price buyer paid is around £113,000 based on approximately 3 sales in Cherry Tree Walk, Hebburn, NE31 area alone. If you compare it to last 3 years sales of 4 properties where buyers paid around £109,875. 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 £109,875 for 4 and average amount paid for purchase of approx. 4 properties sold in last 7 years comes to about £109,875 per sale.