Average Price for property in Colston Way, Whitley Bay, NE25 is around £323,804 e.g. average price for detached house is around 323,804. Values have been changing and have risen £1,379 in last 3 months alone. Similar historical trend can be observed in price changes e.g. prices changed £2,884 in last 6 months, £19,134 in last 1 year, £26,336 in last 2 years, £39,163 in last 3 years, £23,387 in last 4 years and £23,870 in last 5 years.
Currently average asking price of a property in Colston Way, Whitley Bay, NE25 is around £187,900 based on approximately 2 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 Colston Way, Whitley Bay, NE25 is £323,804. Average asking price is £187,900 while average price paid is £329,825 which is up by £19,134 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 Colston Way, Whitley Bay, NE25 area. In last 1 year alone average price buyer paid is around £329,825 based on approximately 2 sales in Colston Way, Whitley Bay, NE25 area alone. If you compare it to last 3 years sales of 4 properties where buyers paid around £313,662. 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 £328,430 for 5 and average amount paid for purchase of approx. 6 properties sold in last 7 years comes to about £320,358 per sale.