Average Price for property in Laurel Terrace, Holywell, Whitley Bay, NE25 is around £98,067 which varies based on type of property you are interested in and ranges from £109,956 for terraced house to around £94,670 for a flat. Values have been changing and have risen £400 in last 3 months alone. Similar historical trend can be observed in price changes e.g. prices changed £837 in last 6 months, £5,571 in last 1 year, £7,669 in last 2 years, £11,405 in last 3 years, £6,821 in last 4 years and £6,965 in last 5 years.
Currently average asking price of a property in Laurel Terrace, Holywell, Whitley Bay, NE25 is around £187,900 based on approximately 2 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 Laurel Terrace, Holywell, Whitley Bay, NE25 is £98,067. Average asking price is £187,900 while average price paid is £96,500 which is up by £5,571 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 Laurel Terrace, Holywell, Whitley Bay, NE25 area. In last 1 year alone average price buyer paid is around £96,500 based on approximately 2 sales in Laurel Terrace, Holywell, Whitley Bay, NE25 area alone. If you compare it to last 3 years sales of 6 properties where buyers paid around £86,833. 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 £88,057 for 8 and average amount paid for purchase of approx. 9 properties sold in last 7 years comes to about £89,805 per sale.