Monks Way, Tynemouth, North Shields, NE30

Street Guide For Monks Way, Tynemouth, North Shields, NE30

 

Monks Way, Tynemouth, North Shields, NE30 Map

Estimated Price: £304,668
Average Asking Price: £218,652
Price change in last one year: £16,450
Average Price Paid: £260,000
Average Rent Rates: £776

 

Property Prices Breakdown in Monks Way, Tynemouth, North Shields, NE30

Average Price for property in Monks Way, Tynemouth, North Shields, NE30 is around £304,668 which varies based on type of property you are interested in and ranges from £306,038 for semi-detached to around £295,081 for terraced house. Values have been changing and have risen £205 in last 3 months alone. Similar historical trend can be observed in price changes e.g. prices changed £2,195 in last 6 months, £16,450 in last 1 year, £19,318 in last 2 years, £30,343 in last 3 years, £19,364 in last 4 years and £16,995 in last 5 years.

Currently average asking price of a property in Monks Way, Tynemouth, 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 Monks Way, Tynemouth, North Shields, NE30 is £304,668. Average asking price is £218,652 while average price paid is £260,000 which is up by £30,343 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 Monks Way, Tynemouth, North Shields, NE30 area. In last 3 years alone average price buyer paid is around £260,000 based on approximately 2 sales in Monks Way, Tynemouth, North Shields, NE30 area alone. If you compare it to last 5 years sales of 2 properties where buyers paid around £260,000. 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 £239,750 for 4 per sale.

 
 

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 Monks Way, Tynemouth, 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 Monks Way, Tynemouth, North Shields, NE30 area.

Popular Houses in Monks Way, Tynemouth, 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 Monks Way, Tynemouth, North Shields, NE30