Values have been changing and have risen £840 in last 3 months alone. Similar historical trend can be observed in price changes e.g. prices changed £1,756 in last 6 months, £11,671 in last 1 year, £16,063 in last 2 years, £23,886 in last 3 years, £14,272 in last 4 years and £14,569 in last 5 years.
Currently average asking price of a property in Kenilworth Road, Whitley Bay, NE25 is around £187,900 based on approximately 5 properties for sale. Same is the case with rental options based on 59 properties up for rent, average asking rent is around £548 per month.
Estimated property value in Kenilworth Road, Whitley Bay, NE25 is £209,149. Average asking price is £187,900 while average price paid is £167,600 which is up by £11,671 and Avg. asking rent £548.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 Kenilworth Road, Whitley Bay, NE25 area. In last 1 year alone average price buyer paid is around £167,600 based on approximately 5 sales in Kenilworth Road, Whitley Bay, NE25 area alone. If you compare it to last 3 years sales of 14 properties where buyers paid around £178,103. 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 £183,920 for 25 and average amount paid for purchase of approx. 29 properties sold in last 7 years comes to about £184,518 per sale.