Average Price for property in Jesmond Terrace, Whitley Bay, NE26 is around £136,497 which varies based on type of property you are interested in and ranges from £168,555 for terraced house to around £122,758 for a flat. Values have been changing and have risen £392 in last 3 months alone. Similar historical trend can be observed in price changes e.g. prices changed £1,410 in last 6 months, £7,592 in last 1 year, £11,738 in last 2 years, £15,449 in last 3 years, £11,750 in last 4 years and £9,535 in last 5 years.
Currently average asking price of a property in Jesmond Terrace, Whitley Bay, NE26 is around £220,015 based on approximately 4 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 Jesmond Terrace, Whitley Bay, NE26 is £136,497. Average asking price is £220,015 while average price paid is £122,725 which is up by £7,592 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 Jesmond Terrace, Whitley Bay, NE26 area. In last 1 year alone average price buyer paid is around £122,725 based on approximately 4 sales in Jesmond Terrace, Whitley Bay, NE26 area alone. If you compare it to last 3 years sales of 11 properties where buyers paid around £100,259. 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 £103,703 for 14 and average amount paid for purchase of approx. 22 properties sold in last 7 years comes to about £104,172 per sale.