Average Price for property in Spital Road, Newbiggin-by-the-Sea, NE64 is around £85,808 which varies based on type of property you are interested in and ranges from £75,251 for detached house to around £86,288 for semi-detached. Values have been changing and have risen £104 in last 3 months alone. Similar historical trend can be observed in price changes e.g. prices changed £486 in last 6 months, £5,362 in last 1 year, £7,244 in last 2 years, £9,862 in last 3 years, £6,449 in last 4 years and £5,204 in last 5 years.
Currently average asking price of a property in Spital Road, Newbiggin-by-the-Sea, NE64 is around £113,984 based on approximately 0 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 Spital Road, Newbiggin-by-the-Sea, NE64 is £85,808. Average asking price is £113,984 while average price paid is £71,000 which is up by £9,862 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 Spital Road, Newbiggin-by-the-Sea, NE64 area. In last 3 years alone average price buyer paid is around £71,000 based on approximately 2 sales in Spital Road, Newbiggin-by-the-Sea, NE64 area alone. If you compare it to last 5 years sales of 6 properties where buyers paid around £67,500. 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 £68,266 for 12 per sale.