Average Price for property in Gerrard Road, Whitley Bay, NE26 is around £248,762 which varies based on type of property you are interested in and ranges from £265,996 for detached house to around £248,799 for semi-detached. Similarly terraced house is around £231,346. Values have been changing and have risen £683 in last 3 months alone. Similar historical trend can be observed in price changes e.g. prices changed £2,458 in last 6 months, £13,228 in last 1 year, £20,448 in last 2 years, £26,911 in last 3 years, £20,460 in last 4 years and £16,597 in last 5 years.
Currently average asking price of a property in Gerrard Road, 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 Gerrard Road, Whitley Bay, NE26 is £248,762. Average asking price is £220,015 while average price paid is £214,666 which is up by £13,228 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 Gerrard Road, Whitley Bay, NE26 area. In last 1 year alone average price buyer paid is around £214,666 based on approximately 3 sales in Gerrard Road, Whitley Bay, NE26 area alone. If you compare it to last 3 years sales of 8 properties where buyers paid around £217,375. 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 £208,000 for 10 and average amount paid for purchase of approx. 19 properties sold in last 7 years comes to about £204,631 per sale.