Average Price for property in Mimosa Drive, Hebburn, NE31 is around £109,826 e.g. average price for semi-detached is around 109,826. Values have been changing and have risen £264 in last 3 months alone. Similar historical trend can be observed in price changes e.g. prices changed £639 in last 6 months, £7,613 in last 1 year, £8,438 in last 2 years, £11,950 in last 3 years, £8,014 in last 4 years and £5,148 in last 5 years.
Currently average asking price of a property in Mimosa Drive, Hebburn, NE31 is around £138,824 based on approximately 1 properties for sale. Same is the case with rental options based on 52 properties up for rent, average asking rent is around £742 per month.
Estimated property value in Mimosa Drive, Hebburn, NE31 is £109,826. Average asking price is £138,824 while average price paid is £102,000 which is up by £7,613 and Avg. asking rent £742.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 Mimosa Drive, Hebburn, NE31 area. In last 1 year alone average price buyer paid is around £102,000 based on approximately 1 sales in Mimosa Drive, Hebburn, NE31 area alone. If you compare it to last 3 years sales of 2 properties where buyers paid around £110,000. 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 £110,000 for 2 and average amount paid for purchase of approx. 2 properties sold in last 7 years comes to about £110,000 per sale.