Average Price for property in Newbiggin-by-the-Sea is around £94,311 which varies based on type of property you are interested in and ranges from £163,628 for detached house to around £92,552 for semi-detached. Similarly terraced house is around £89,876 and a flat is worth £60,230. Values have been changing and have risen £566 in last 3 months alone. Similar historical trend can be observed in price changes e.g. prices changed £1,195 in last 6 months, £7,260 in last 1 year, £11,392 in last 2 years, £12,086 in last 3 years, £11,258 in last 4 years and £8,224 in last 5 years.
Currently average asking price of a property in Newbiggin-by-the-Sea is around £113,984 based on approximately 58 properties for sale. Same is the case with rental options based on 20 properties up for rent, average asking rent is around £451 per month.
Estimated property value in Newbiggin-by-the-Sea is £94,311. Average asking price is £113,984 while average price paid is £84,369 which is up by £7,260 and Avg. asking rent £451.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 Newbiggin-by-the-Sea area. In last 1 year alone average price buyer paid is around £84,369 based on approximately 58 sales in Newbiggin-by-the-Sea area alone. If you compare it to last 3 years sales of 162 properties where buyers paid around £81,013. 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 £79,858 for 270 and average amount paid for purchase of approx. 406 properties sold in last 7 years comes to about £83,040 per sale.