Average Price for property in Gainsborough Close, Whitley Bay, NE25 is around £296,848 which varies based on type of property you are interested in and ranges from £298,253 for detached house to around £275,058 for semi-detached. Values have been changing and have risen £1,206 in last 3 months alone. Similar historical trend can be observed in price changes e.g. prices changed £2,523 in last 6 months, £16,738 in last 1 year, £23,037 in last 2 years, £34,258 in last 3 years, £20,461 in last 4 years and £20,885 in last 5 years.
Currently average asking price of a property in Gainsborough Close, Whitley Bay, NE25 is around £187,900 based on approximately 1 properties for sale. Same is the case with rental options based on 59 properties up for rent, average asking rent is around £548 per month.
Estimated property value in Gainsborough Close, Whitley Bay, NE25 is £296,848. Average asking price is £187,900 while average price paid is £250,000 which is up by £16,738 and Avg. asking rent £548.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 Gainsborough Close, Whitley Bay, NE25 area. In last 1 year alone average price buyer paid is around £250,000 based on approximately 1 sales in Gainsborough Close, Whitley Bay, NE25 area alone. If you compare it to last 3 years sales of 5 properties where buyers paid around £265,800. 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 £253,714 for 7 and average amount paid for purchase of approx. 7 properties sold in last 7 years comes to about £253,714 per sale.