Values have been changing and have risen £424 in last 3 months alone. Similar historical trend can be observed in price changes e.g. prices changed £887 in last 6 months, £5,895 in last 1 year, £8,116 in last 2 years, £12,070 in last 3 years, £7,217 in last 4 years and £7,371 in last 5 years.
Currently average asking price of a property in Newburgh Avenue, Seaton Delaval, Whitley Bay, NE25 is around £187,900 based on approximately 3 properties for sale. Same is the case with rental options based on 59 properties up for rent, average asking rent is around £548 per month.
Estimated property value in Newburgh Avenue, Seaton Delaval, Whitley Bay, NE25 is £108,053. Average asking price is £187,900 while average price paid is £97,666 which is up by £5,895 and Avg. asking rent £548.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 Newburgh Avenue, Seaton Delaval, Whitley Bay, NE25 area. In last 1 year alone average price buyer paid is around £97,666 based on approximately 3 sales in Newburgh Avenue, Seaton Delaval, Whitley Bay, NE25 area alone. If you compare it to last 3 years sales of 5 properties where buyers paid around £97,800. 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 £95,000 for 10 and average amount paid for purchase of approx. 14 properties sold in last 7 years comes to about £95,857 per sale.