Average Price for property in Grotto Road, South Shields, NE34 is around £150,437 which varies based on type of property you are interested in and ranges from £250,637 for detached house to around £139,881 for semi-detached. Similarly terraced house is around £136,476. Values have been changing and have risen £125 in last 3 months alone. Similar historical trend can be observed in price changes e.g. prices changed £343 in last 6 months, £10,294 in last 1 year, £11,669 in last 2 years, £17,025 in last 3 years, £12,194 in last 4 years and £9,676 in last 5 years.
Currently average asking price of a property in Grotto Road, South Shields, NE34 is around £143,345 based on approximately 2 properties for sale. Same is the case with rental options based on 80 properties up for rent, average asking rent is around £634 per month.
Estimated property value in Grotto Road, South Shields, NE34 is £150,437. Average asking price is £143,345 while average price paid is £107,250 which is up by £10,294 and Avg. asking rent £634.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 Grotto Road, South Shields, NE34 area. In last 1 year alone average price buyer paid is around £107,250 based on approximately 2 sales in Grotto Road, South Shields, NE34 area alone. If you compare it to last 3 years sales of 10 properties where buyers paid around £131,052. 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 £125,394 for 14 and average amount paid for purchase of approx. 17 properties sold in last 7 years comes to about £129,204 per sale.