Verdun Avenue, Hebburn, NE31

Street Guide For Verdun Avenue, Hebburn, NE31

 

Verdun Avenue, Hebburn, NE31 Map

Estimated Price: £88,578
Average Asking Price: £138,824
Price change in last one year: £6,057
Average Price Paid: £89,450
Average Rent Rates: £742

 

Property Prices Breakdown in Verdun Avenue, Hebburn, NE31

Average Price for property in Verdun Avenue, Hebburn, NE31 is around £88,578 which varies based on type of property you are interested in and ranges from £86,967 for semi-detached to around £93,415 for terraced house. Values have been changing and have risen £210 in last 3 months alone. Similar historical trend can be observed in price changes e.g. prices changed £508 in last 6 months, £6,057 in last 1 year, £6,714 in last 2 years, £9,509 in last 3 years, £6,377 in last 4 years and £4,100 in last 5 years.

Currently average asking price of a property in Verdun Avenue, Hebburn, NE31 is around £138,824 based on approximately 1 properties for sale. Same is the case with rental options based on 52 properties up for rent, average asking rent is around £742 per month.

Estimated property value in Verdun Avenue, Hebburn, NE31 is £88,578. Average asking price is £138,824 while average price paid is £89,450 which is up by £6,057 and Avg. asking rent £742.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 Verdun Avenue, Hebburn, NE31 area. In last 1 year alone average price buyer paid is around £89,450 based on approximately 1 sales in Verdun Avenue, Hebburn, NE31 area alone. If you compare it to last 3 years sales of 1 properties where buyers paid around £89,450. 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 £89,450 for 1 and average amount paid for purchase of approx. 1 properties sold in last 7 years comes to about £89,450 per sale.

 
 

Breakdown of asking prices for homes of different sizes show that price varies clearly based on no of bedrooms and type of house. Asking price for a house with 1 bedroom is around £79,950, £104,908 for a 2 bedroom house, £142,281 for a 3 bedroom house, £209,857 for a 4 bedroom house and £319,967 for a 5 bedroom house. For a flat similarly the prices varies from £64,950 for a single bedroom to £72,998 for a 2 bedroom Flat. Same is the case with 3 bedroom flat £72,177. To sum up the asking prices for properties in Verdun Avenue, Hebburn, NE31 it comes to around average £72,450 for 1 bedroom property, £87,464 for 2 bedroom, £135,497 for 3 bedroom, £209,857 for 4 bedroom and £319,967 for a 5 bedroom property.

Rent per calendar month varies similarly based on type and size of the house. If you look at the rents per month for houses alone it can vary from £315 for 1 bedroom to £485 for 2 bedroom and £535 for 3 bedroom. But if you are interested in renting a 1 bedroom flat then rent per month can be around £472. As the no. of bedroom increase so will the rent e.g. for a 2 bedroom flat it will be around £429, £481 for 3 bedroom and £451 for 4 bedroom. You should be generally be expecting around average £360 rent per month for single bedroom property, £433 for 2 bedroom, £519 for 3 bedroom and approximately £451 for 4 bedroom property in Verdun Avenue, Hebburn, NE31 area.

Popular Houses in Verdun Avenue, Hebburn, NE31

Disclaimer : Location real estate estimates and values are based on House price index background data and Sales data provided by United Kingdom Land registry Records available as public records from their website. This information is updated monthly on our website and may not reflect all public transactions. This information is based on estimated calculation generated from our developed algorithms. We are striving to make this information as accurate and useful as possible. This data covers the transactions received at Land Registry in the period 1/1/1995 to 9/1/2014. © Crown copyright 2014. Data produced by Land Registry © Crown copyright 2014.

Areas in and around Verdun Avenue, Hebburn, NE31