Values have been changing and have risen £2,076 in last 3 months alone. Similar historical trend can be observed in price changes e.g. prices changed £2,922 in last 6 months, £7,122 in last 1 year, £10,891 in last 2 years, £7,150 in last 3 years, £4,584 in last 4 years and £9,568 in last 5 years.
Currently average asking price of a property in Cheviot View, Whitley Bay, NE26 is around £222,442 based on approximately 2 properties for sale. Same is the case with rental options based on 57 properties up for rent, average asking rent is around £694 per month.
Estimated property value in Cheviot View, Whitley Bay, NE26 is £135,349. Average asking price is £222,442 while average price paid is £102,250 which is up by £7,122 and Avg. asking rent £694.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 Cheviot View, Whitley Bay, NE26 area. In last 1 year alone average price buyer paid is around £102,250 based on approximately 2 sales in Cheviot View, Whitley Bay, NE26 area alone. If you compare it to last 3 years sales of 2 properties where buyers paid around £102,250. 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 £101,483 for 3 and average amount paid for purchase of approx. 2 properties sold in last 7 years comes to about £102,250 per sale.