Average Price for property in Melrose Terrace, Newbiggin-by-the-Sea, NE64 is around £81,667 which varies based on type of property you are interested in and ranges from £82,974 for terraced house to around £55,534 for a flat. Values have been changing and have risen £101 in last 3 months alone. Similar historical trend can be observed in price changes e.g. prices changed £473 in last 6 months, £5,225 in last 1 year, £7,059 in last 2 years, £9,610 in last 3 years, £6,283 in last 4 years and £5,070 in last 5 years.
Currently average asking price of a property in Melrose Terrace, Newbiggin-by-the-Sea, NE64 is around £113,984 based on approximately 0 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 Melrose Terrace, Newbiggin-by-the-Sea, NE64 is £81,667. Average asking price is £113,984 while average price paid is £83,500 which is up by £9,610 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 Melrose Terrace, Newbiggin-by-the-Sea, NE64 area. In last 3 years alone average price buyer paid is around £83,500 based on approximately 2 sales in Melrose Terrace, Newbiggin-by-the-Sea, NE64 area alone. If you compare it to last 5 years sales of 4 properties where buyers paid around £79,862. It has been same for some time now for e.g. if you take an average of amount paid in last 7 years, it comes to around £83,921 for 7 per sale.