Medburn Avenue, North Shields, NE30

Street Guide For Medburn Avenue, North Shields, NE30

 

Medburn Avenue, North Shields, NE30 Map

Estimated Price: £247,296
Average Asking Price: £218,652
Price change in last one year: £12,588
Average Price Paid: £225,250
Average Rent Rates: £776

 

Property Prices Breakdown in Medburn Avenue, North Shields, NE30

Average Price for property in Medburn Avenue, North Shields, NE30 is around £247,296 which varies based on type of property you are interested in and ranges from £216,131 for detached house to around £252,780 for semi-detached. Similarly terraced house is around £254,652. Values have been changing and have risen £156 in last 3 months alone. Similar historical trend can be observed in price changes e.g. prices changed £1,678 in last 6 months, £12,588 in last 1 year, £14,783 in last 2 years, £23,219 in last 3 years, £14,825 in last 4 years and £13,015 in last 5 years.

Currently average asking price of a property in Medburn Avenue, North Shields, NE30 is around £218,652 based on approximately 0 properties for sale. Same is the case with rental options based on 69 properties up for rent, average asking rent is around £776 per month.

Estimated property value in Medburn Avenue, North Shields, NE30 is £247,296. Average asking price is £218,652 while average price paid is £225,250 which is up by £13,015 and Avg. asking rent £776.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 Medburn Avenue, North Shields, NE30 area. In last 5 years alone average price buyer paid is around £225,250 based on approximately 2 sales in Medburn Avenue, North Shields, NE30 area alone. If you compare it to last 7 years sales of 3 properties where buyers paid around £210,166.

 
 

Breakdown of asking prices for homes of different sizes show that price varies clearly based on no of bedrooms and type of house. Asking price for a house with 1 bedroom is around £439,975, £170,458 for a 2 bedroom house, £236,783 for a 3 bedroom house, £324,112 for a 4 bedroom house and £474,975 for a 5 bedroom house. For a flat similarly the prices varies from £108,024 for a single bedroom to £139,166 for a 2 bedroom Flat. Same is the case with 3 bedroom flat £184,997 and £274,975 for a 4 bedroom flat. To sum up the asking prices for properties in Medburn Avenue, North Shields, NE30 it comes to around average £142,966 for 1 bedroom property, £146,443 for 2 bedroom, £218,010 for 3 bedroom, £317,093 for 4 bedroom and £474,975 for a 5 bedroom property.

Rent per calendar month varies similarly based on type and size of the house. If you look at the rents per month for houses alone it can vary from £658 for 2 bedroom to £852 for 3 bedroom, £1,250 for 4 bedroom and £1,200 for 5 bedroom. But if you are interested in renting a 1 bedroom flat then rent per month can be around £453. As the no. of bedroom increase so will the rent e.g. for a 2 bedroom flat it will be around £642, £715 for 3 bedroom and £524 for 4 bedroom. You should be generally be expecting around average £453 rent per month for single bedroom property, £645 for 2 bedroom, £768 for 3 bedroom, £1,008 for 4 bedroom and approximately £1,200 for a 5 bedroom property in Medburn Avenue, North Shields, NE30 area.

Popular Houses in Medburn Avenue, North Shields, NE30

Disclaimer : Location real estate estimates and values are based on House price index background data and Sales data provided by United Kingdom Land registry Records available as public records from their website. This information is updated monthly on our website and may not reflect all public transactions. This information is based on estimated calculation generated from our developed algorithms. We are striving to make this information as accurate and useful as possible. This data covers the transactions received at Land Registry in the period 1/1/1995 to 9/1/2014. © Crown copyright 2014. Data produced by Land Registry © Crown copyright 2014.

Areas in and around Medburn Avenue, North Shields, NE30