Values have been changing and have risen £1,298 in last 3 months alone. Similar historical trend can be observed in price changes e.g. prices changed £3,717 in last 6 months, £15,954 in last 1 year, £22,512 in last 2 years, £23,101 in last 3 years, £21,201 in last 4 years and £19,364 in last 5 years.
Currently average asking price of a property in Newgate Road, St. Leonards-on-Sea, TN37 is around £187,965 based on approximately 2 properties for sale. Same is the case with rental options based on 61 properties up for rent, average asking rent is around £677 per month.
Estimated property value in Newgate Road, St. Leonards-on-Sea, TN37 is £156,371. Average asking price is £187,965 while average price paid is £131,862 which is up by £15,954 and Avg. asking rent £677.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 Newgate Road, St. Leonards-on-Sea, TN37 area. In last 1 year alone average price buyer paid is around £131,862 based on approximately 2 sales in Newgate Road, St. Leonards-on-Sea, TN37 area alone. If you compare it to last 3 years sales of 3 properties where buyers paid around £125,908. 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 £128,913 for 9 and average amount paid for purchase of approx. 10 properties sold in last 7 years comes to about £122,022 per sale.