Frost Mews, South Shields, NE33

Street Guide For Frost Mews, South Shields, NE33

 

Frost Mews, South Shields, NE33 Map

Estimated Price: £116,027
Average Asking Price: £124,690
Price change in last one year: £4,712
Average Price Paid: £103,388
Average Rent Rates: £545

 

Property Prices Breakdown in Frost Mews, South Shields, NE33

Average Price for property in Frost Mews, South Shields, NE33 is around £116,027 which varies based on type of property you are interested in and ranges from £166,104 for detached house to around £133,680 for semi-detached. Similarly terraced house is around £131,526 and a flat is worth £90,760. Values have been changing and have risen £593 in last 3 months alone. Similar historical trend can be observed in price changes e.g. prices changed £2,006 in last 6 months, £4,712 in last 1 year, £8,169 in last 2 years, £10,758 in last 3 years, £4,881 in last 4 years and £4,369 in last 5 years.

Currently average asking price of a property in Frost Mews, South Shields, NE33 is around £124,690 based on approximately 2 properties for sale. Same is the case with rental options based on 232 properties up for rent, average asking rent is around £545 per month.

Estimated property value in Frost Mews, South Shields, NE33 is £116,027. Average asking price is £124,690 while average price paid is £142,500 which is up by £4,712 and Avg. asking rent £545.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 Frost Mews, South Shields, NE33 area. In last 1 year alone average price buyer paid is around £142,500 based on approximately 2 sales in Frost Mews, South Shields, NE33 area alone. If you compare it to last 3 years sales of 5 properties where buyers paid around £108,500. 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 £103,388 for 9 and average amount paid for purchase of approx. 15 properties sold in last 7 years comes to about £103,766 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 1 bedroom is around £130,000, £117,513 for a 2 bedroom house, £151,654 for a 3 bedroom house, £210,571 for a 4 bedroom house and £215,214 for a 5 bedroom house. For a flat similarly the prices varies from £71,032 for a single bedroom to £85,553 for a 2 bedroom Flat. Same is the case with 3 bedroom flat £85,895, £101,980 for a 4 bedroom flat and £103,980 for a 5 bedroom flat. To sum up the asking prices for properties in Frost Mews, South Shields, NE33 it comes to around average £74,056 for 1 bedroom property, £92,083 for 2 bedroom, £132,020 for 3 bedroom, £182,088 for 4 bedroom and £189,934 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 £370 for 1 bedroom to £468 for 2 bedrooms, £641 for 3 bedrooms, £709 for 4 bedrooms and £559 for 5 bedrooms house. But if you are interested in renting a 1 bedroom flat then rent per month can be around £405. As the no. of bedroom increase so will the rent e.g. for a 2 bedroom flat it will be around £444, £479 for 3 bedroom and £428 for 4 bedroom. You should be generally be expecting around average £396 rent per month for single bedroom property, £446 for 2 bedroom, £518 for 3 bedroom, £568 for 4 bedroom and approximately £559 for a 5 bedroom property in Frost Mews, South Shields, NE33 area.

Popular Houses in Frost Mews, South Shields, NE33

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 Frost Mews, South Shields, NE33