Values have been changing and have risen £183 in last 3 months alone. Similar historical trend can be observed in price changes e.g. prices changed £441 in last 6 months, £5,258 in last 1 year, £5,831 in last 2 years, £8,258 in last 3 years, £5,542 in last 4 years and £3,567 in last 5 years.
Currently average asking price of a property in Hebburn, NE31 is around £138,824 based on approximately 2 properties for sale. Same is the case with rental options based on 52 properties up for rent, average asking rent is around £742 per month.
Estimated property value in Hebburn, NE31 is £77,506. Average asking price is £138,824 while average price paid is £71,875 which is up by £5,258 and Avg. asking rent £742.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 Hebburn, NE31 area. In last 1 year alone average price buyer paid is around £71,875 based on approximately 2 sales in Hebburn, NE31 area alone. If you compare it to last 3 years sales of 2 properties where buyers paid around £71,875. 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 £68,583 for 3 and average amount paid for purchase of approx. 4 properties sold in last 7 years comes to about £73,187 per sale.