Front Street, Newbiggin-by-the-Sea, NE64

Street Guide For Front Street, Newbiggin-by-the-Sea, NE64

 

Front Street, Newbiggin-by-the-Sea, NE64 Map

Estimated Price: £149,208
Average Asking Price: £113,984
Price change in last one year: £9,242
Average Price Paid: £150,080
Average Rent Rates: £451

 

Property Prices Breakdown in Front Street, Newbiggin-by-the-Sea, NE64

Average Price for property in Front Street, Newbiggin-by-the-Sea, NE64 is around £149,208 which varies based on type of property you are interested in and ranges from £237,507 for detached house to around £173,139 for semi-detached. Similarly terraced house is around £144,860 and a flat is worth £63,770. Values have been changing and have risen £180 in last 3 months alone. Similar historical trend can be observed in price changes e.g. prices changed £840 in last 6 months, £9,242 in last 1 year, £12,484 in last 2 years, £16,996 in last 3 years, £11,105 in last 4 years and £8,953 in last 5 years.

Currently average asking price of a property in Front Street, Newbiggin-by-the-Sea, NE64 is around £113,984 based on approximately 4 properties for sale. Same is the case with rental options based on 20 properties up for rent, average asking rent is around £451 per month.

Estimated property value in Front Street, Newbiggin-by-the-Sea, NE64 is £149,208. Average asking price is £113,984 while average price paid is £155,487 which is up by £9,242 and Avg. asking rent £451.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 Front Street, Newbiggin-by-the-Sea, NE64 area. In last 1 year alone average price buyer paid is around £155,487 based on approximately 4 sales in Front Street, Newbiggin-by-the-Sea, NE64 area alone. If you compare it to last 3 years sales of 9 properties where buyers paid around £150,183. 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 £150,080 for 13 and average amount paid for purchase of approx. 16 properties sold in last 7 years comes to about £138,875 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 £71,123, £85,522 for a 3 bedroom house, £197,739 for a 4 bedroom house and £184,950 for a 5 bedroom house. For a flat the prices of 3 bedroom is £85,000. To sum up the asking prices for properties in Front Street, Newbiggin-by-the-Sea, NE64 it comes to around average £71,123 for 2 bedroom property, £85,508 for 3 bedroom, £197,739 for 4 bedroom and £184,950 for 5 bedroom.

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 £378 for 2 bedroom to £416 for 3 bedroom and £1,001 for 5 bedroom. You should be generally be expecting around average £378 rent per month for 2 bedroom property, £416 for 3 bedroom and approximately £1,001 for 5 bedroom property in Front Street, Newbiggin-by-the-Sea, NE64 area.

Popular Houses in Front Street, Newbiggin-by-the-Sea, NE64

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 Front Street, Newbiggin-by-the-Sea, NE64