Average Price for property in Prospect Place, Newbiggin-by-the-Sea, NE64 is around £160,301 which varies based on type of property you are interested in and ranges from £154,130 for semi-detached to around £161,183 for terraced house. Values have been changing and have risen £194 in last 3 months alone. Similar historical trend can be observed in price changes e.g. prices changed £910 in last 6 months, £10,018 in last 1 year, £13,528 in last 2 years, £18,418 in last 3 years, £12,033 in last 4 years and £9,702 in last 5 years.
Currently average asking price of a property in Prospect Place, Newbiggin-by-the-Sea, NE64 is around £113,984 based on approximately 2 properties for sale. Same is the case with rental options based on 20 properties up for rent, average asking rent is around £451 per month.
Estimated property value in Prospect Place, Newbiggin-by-the-Sea, NE64 is £160,301. Average asking price is £113,984 while average price paid is £135,500 which is up by £10,018 and Avg. asking rent £451.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 Prospect Place, Newbiggin-by-the-Sea, NE64 area. In last 1 year alone average price buyer paid is around £135,500 based on approximately 2 sales in Prospect Place, Newbiggin-by-the-Sea, NE64 area alone. If you compare it to last 3 years sales of 3 properties where buyers paid around £146,666. 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 £146,666 for 3 and average amount paid for purchase of approx. 3 properties sold in last 7 years comes to about £146,666 per sale.