Esplanade, Whitley Bay, NE26

Street Guide For Esplanade, Whitley Bay, NE26

 

Esplanade, Whitley Bay, NE26 Map

Estimated Price: £239,977
Average Asking Price: £220,015
Price change in last one year: £12,855
Average Price Paid: £166,300
Average Rent Rates: £572

 

Property Prices Breakdown in Esplanade, Whitley Bay, NE26

Average Price for property in Esplanade, Whitley Bay, NE26 is around £239,977 which varies based on type of property you are interested in and ranges from £282,436 for detached house to around £290,704 for semi-detached. Similarly terraced house is around £346,192 and a flat is worth £112,519. Values have been changing and have risen £663 in last 3 months alone. Similar historical trend can be observed in price changes e.g. prices changed £2,387 in last 6 months, £12,855 in last 1 year, £19,872 in last 2 years, £26,152 in last 3 years, £19,884 in last 4 years and £16,130 in last 5 years.

Currently average asking price of a property in Esplanade, Whitley Bay, NE26 is around £220,015 based on approximately 0 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, Whitley Bay, NE26 is £239,977. Average asking price is £220,015 while average price paid is £167,666 which is up by £26,152 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, Whitley Bay, NE26 area. In last 3 years alone average price buyer paid is around £167,666 based on approximately 3 sales in Esplanade, Whitley Bay, NE26 area alone. If you compare it to last 5 years sales of 5 properties where buyers paid around £166,300. It has been same for some time now for e.g. if you take an average of amount paid in last 7 years, it comes to around £163,214 for 7 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 £185,942, £236,904 for a 3 bedroom house, £335,552 for a 4 bedroom house and £345,941 for a 5 bedroom house. For a flat similarly the prices varies from £89,003 for a single bedroom to £116,917 for a 2 bedroom Flat. Same is the case with 3 bedroom flat £149,975 and £270,813 for a 4 bedroom flat. To sum up the asking prices for properties in Esplanade, Whitley Bay, NE26 it comes to around average £89,003 for 1 bedroom property, £131,977 for 2 bedroom, £225,313 for 3 bedroom, £328,616 for 4 bedroom and £345,941 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 £997 for 2 bedroom to £881 for 3 bedroom, £873 for 4 bedroom and £966 for 5 bedroom. But if you are interested in renting a 1 bedroom flat then rent per month can be around £451. As the no. of bedroom increase so will the rent e.g. for a 2 bedroom flat it will be around £580 and £676 for 4 bedroom. You should be generally be expecting around average £451 rent per month for single bedroom property, £599 for 2 bedroom, £881 for 3 bedroom, £807 for 4 bedroom and approximately £966 for a 5 bedroom property in Esplanade, Whitley Bay, NE26 area.

Popular Houses in Esplanade, Whitley Bay, NE26

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 Esplanade, Whitley Bay, NE26