Churchill Avenue, Whitley Bay, NE25

Street Guide For Churchill Avenue, Whitley Bay, NE25

 

Churchill Avenue, Whitley Bay, NE25 Map

Estimated Price: £158,513
Average Asking Price: £187,900
Price change in last one year: £8,910
Average Price Paid: £138,763
Average Rent Rates: £548

 

Property Prices Breakdown in Churchill Avenue, Whitley Bay, NE25

Average Price for property in Churchill Avenue, Whitley Bay, NE25 is around £158,513 which varies based on type of property you are interested in and ranges from £157,414 for semi-detached to around £173,903 for terraced house. Values have been changing and have risen £641 in last 3 months alone. Similar historical trend can be observed in price changes e.g. prices changed £1,341 in last 6 months, £8,910 in last 1 year, £12,265 in last 2 years, £18,237 in last 3 years, £10,898 in last 4 years and £11,125 in last 5 years.

Currently average asking price of a property in Churchill Avenue, Whitley Bay, NE25 is around £187,900 based on approximately 1 properties for sale. Same is the case with rental options based on 59 properties up for rent, average asking rent is around £548 per month.

Estimated property value in Churchill Avenue, Whitley Bay, NE25 is £158,513. Average asking price is £187,900 while average price paid is £120,000 which is up by £8,910 and Avg. asking rent £548.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 Churchill Avenue, Whitley Bay, NE25 area. In last 1 year alone average price buyer paid is around £120,000 based on approximately 1 sales in Churchill Avenue, Whitley Bay, NE25 area alone. If you compare it to last 3 years sales of 2 properties where buyers paid around £129,790. 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 £138,763 for 6 and average amount paid for purchase of approx. 8 properties sold in last 7 years comes to about £140,572 per sale.

 
 

Breakdown of asking prices for homes of different sizes show that price varies clearly based on no of bedrooms and type of house. Asking price for a house with 2 bedroom is around £131,475, £174,086 for a 3 bedroom house, £278,045 for a 4 bedroom house and £395,990 for a 5 bedroom house. For a flat similarly the prices varies from £62,539 for a single bedroom to £101,225 for a 2 bedroom Flat. Same is the case with 3 bedroom flat £118,533 and £75,000 for a 4 bedroom flat. To sum up the asking prices for properties in Churchill Avenue, Whitley Bay, NE25 it comes to around average £62,539 for 1 bedroom property, £117,862 for 2 bedroom, £170,180 for 3 bedroom, £275,569 for 4 bedroom and £395,990 for a 5 bedroom property.

Rent per calendar month varies similarly based on type and size of the house. If you look at the rents per month for houses alone it can vary from £593 for 2 bedroom to £735 for 3 bedroom and £1,261 for 4 bedroom. But if you are interested in renting a 1 bedroom flat then rent per month can be around £372. As the no. of bedroom increase so will the rent e.g. for a 2 bedroom flat it will be around £485 and £438 for 3 bedroom. You should be generally be expecting around average £372 rent per month for single bedroom property, £524 for 2 bedroom, £669 for 3 bedroom and approximately £1,261 for 4 bedroom property in Churchill Avenue, Whitley Bay, NE25 area.

Popular Houses in Churchill Avenue, Whitley Bay, NE25

Disclaimer : Location real estate estimates and values are based on House price index background data and Sales data provided by United Kingdom Land registry Records available as public records from their website. This information is updated monthly on our website and may not reflect all public transactions. This information is based on estimated calculation generated from our developed algorithms. We are striving to make this information as accurate and useful as possible. This data covers the transactions received at Land Registry in the period 1/1/1995 to 9/1/2014. © Crown copyright 2014. Data produced by Land Registry © Crown copyright 2014.

Areas in and around Churchill Avenue, Whitley Bay, NE25