Values have been changing and have risen £173 in last 3 months alone. Similar historical trend can be observed in price changes e.g. prices changed £419 in last 6 months, £4,995 in last 1 year, £5,538 in last 2 years, £7,844 in last 3 years, £5,263 in last 4 years and £3,386 in last 5 years.
Currently average asking price of a property in Victoria Road East, Hebburn, NE31 is around £138,824 based on approximately 2 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 Victoria Road East, Hebburn, NE31 is £75,805. Average asking price is £138,824 while average price paid is £53,900 which is up by £4,995 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 Victoria Road East, Hebburn, NE31 area. In last 1 year alone average price buyer paid is around £53,900 based on approximately 2 sales in Victoria Road East, Hebburn, NE31 area alone. If you compare it to last 3 years sales of 10 properties where buyers paid around £65,780. 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 £68,900 for 12 and average amount paid for purchase of approx. 19 properties sold in last 7 years comes to about £67,960 per sale.