Values have been changing and have risen £62 in last 3 months alone. Similar historical trend can be observed in price changes e.g. prices changed £169 in last 6 months, £5,004 in last 1 year, £5,676 in last 2 years, £8,280 in last 3 years, £5,936 in last 4 years and £4,718 in last 5 years.
Currently average asking price of a property in East Avenue, South Shields, NE34 is around £143,345 based on approximately 1 properties for sale. Same is the case with rental options based on 80 properties up for rent, average asking rent is around £634 per month.
Estimated property value in East Avenue, South Shields, NE34 is £74,622. Average asking price is £143,345 while average price paid is £59,000 which is up by £5,004 and Avg. asking rent £634.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 East Avenue, South Shields, NE34 area. In last 1 year alone average price buyer paid is around £59,000 based on approximately 1 sales in East Avenue, South Shields, NE34 area alone. If you compare it to last 3 years sales of 2 properties where buyers paid around £72,000. 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 £70,833 for 3 and average amount paid for purchase of approx. 6 properties sold in last 7 years comes to about £75,500 per sale.