Average Price for property in The Grove, Whitley Bay, NE25 is around £405,458 which varies based on type of property you are interested in and ranges from £519,433 for detached house to around £329,475 for semi-detached. Values have been changing and have risen £1,721 in last 3 months alone. Similar historical trend can be observed in price changes e.g. prices changed £3,601 in last 6 months, £23,904 in last 1 year, £32,899 in last 2 years, £48,922 in last 3 years, £29,214 in last 4 years and £29,817 in last 5 years.
Currently average asking price of a property in The Grove, Whitley Bay, NE25 is around £187,900 based on approximately 1 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 The Grove, Whitley Bay, NE25 is £405,458. Average asking price is £187,900 while average price paid is £300,000 which is up by £23,904 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 The Grove, Whitley Bay, NE25 area. In last 1 year alone average price buyer paid is around £300,000 based on approximately 1 sales in The Grove, Whitley Bay, NE25 area alone. If you compare it to last 3 years sales of 2 properties where buyers paid around £400,000. 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 £400,000 for 2 and average amount paid for purchase of approx. 2 properties sold in last 7 years comes to about £400,000 per sale.