Values have been changing and have risen £256 in last 3 months alone. Similar historical trend can be observed in price changes e.g. prices changed £618 in last 6 months, £7,349 in last 1 year, £8,145 in last 2 years, £11,537 in last 3 years, £7,734 in last 4 years and £4,966 in last 5 years.
Currently average asking price of a property in Jedmoor, 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 Jedmoor, Hebburn, NE31 is £116,172. Average asking price is £138,824 while average price paid is £92,500 which is up by £7,349 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 Jedmoor, Hebburn, NE31 area. In last 1 year alone average price buyer paid is around £92,500 based on approximately 2 sales in Jedmoor, Hebburn, NE31 area alone. If you compare it to last 3 years sales of 7 properties where buyers paid around £96,464. 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 £90,138 for 9 and average amount paid for purchase of approx. 12 properties sold in last 7 years comes to about £91,437 per sale.