Average Price for property in Esplanade Place, Whitley Bay, NE26 is around £163,684 which varies based on type of property you are interested in and ranges from £138,055 for detached house to around £180,182 for semi-detached. Similarly terraced house is around £173,179 and a flat is worth £100,960. Values have been changing and have risen £484 in last 3 months alone. Similar historical trend can be observed in price changes e.g. prices changed £1,741 in last 6 months, £9,375 in last 1 year, £14,495 in last 2 years, £19,076 in last 3 years, £14,506 in last 4 years and £11,770 in last 5 years.
Currently average asking price of a property in Esplanade Place, Whitley Bay, NE26 is around £220,015 based on approximately 3 properties for sale. Same is the case with rental options based on 61 properties up for rent, average asking rent is around £572 per month.
Estimated property value in Esplanade Place, Whitley Bay, NE26 is £163,684. Average asking price is £220,015 while average price paid is £118,485 which is up by £9,375 and Avg. asking rent £572.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 Esplanade Place, Whitley Bay, NE26 area. In last 1 year alone average price buyer paid is around £118,485 based on approximately 3 sales in Esplanade Place, Whitley Bay, NE26 area alone. If you compare it to last 3 years sales of 5 properties where buyers paid around £116,591. 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 £123,279 for 7 and average amount paid for purchase of approx. 9 properties sold in last 7 years comes to about £126,661 per sale.