Values have been changing and have risen £236 in last 3 months alone. Similar historical trend can be observed in price changes e.g. prices changed £347 in last 6 months, £7,991 in last 1 year, £9,480 in last 2 years, £13,026 in last 3 years, £8,890 in last 4 years and £9,066 in last 5 years.
Currently average asking price of a property in Morwick Road, North Shields, NE29 is around £129,107 based on approximately 4 properties for sale. Same is the case with rental options based on 112 properties up for rent, average asking rent is around £684 per month.
Estimated property value in Morwick Road, North Shields, NE29 is £108,367. Average asking price is £129,107 while average price paid is £92,625 which is up by £7,991 and Avg. asking rent £684.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 Morwick Road, North Shields, NE29 area. In last 1 year alone average price buyer paid is around £92,625 based on approximately 4 sales in Morwick Road, North Shields, NE29 area alone. If you compare it to last 3 years sales of 7 properties where buyers paid around £83,785. 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 £83,540 for 10 and average amount paid for purchase of approx. 13 properties sold in last 7 years comes to about £82,834 per sale.