East Boldon

Area Guide For East Boldon

The Boldons are a gathering of three little towns in the North East of England - East Boldon, West Boldon and Boldon Colliery - bordering the North of Sunderland, East of Newcastle and the south of South Shields and Jarrow. They have a populace of 13,271.

"Boldun" was initially recorded in print in 1170, and developed from the words "Strong" or "Botl" significance a building and "dun" importance a slope.

In 1866 work started sinking a pit at the foot of the slope that started delivering coal in 1869, and was then known as Boldon New Winning. The town that grew close-by in the 1870s got to be known as Boldon Colliery. At the point when the mine was extended and reached out in the 1910s, further lodging to oblige the workforce was assembled to the south of the pit in a region known as Boldon New Town.

 
 

East Boldon Map

Estimated Price: £222,541
Average Asking Price: £270,226
Price change in last one year: £18,144
Average Price Paid: £180,553
Average Rent Rates: £678

 
 

Property Prices Breakdown in East Boldon

Average Price for property in East Boldon is around £222,541 which varies based on type of property you are interested in and ranges from £321,220 for detached house to around £207,978 for semi-detached. Similarly terraced house is around £193,208 and a flat is worth £158,719. Values have been changing and have risen £1,224 in last 3 months alone. Similar historical trend can be observed in price changes e.g. prices changed £2,365 in last 6 months, £18,144 in last 1 year, £25,905 in last 2 years, £30,166 in last 3 years, £23,303 in last 4 years and £19,675 in last 5 years.

Currently average asking price of a property in East Boldon is around £270,226 based on approximately 74 properties for sale. Same is the case with rental options based on 9 properties up for rent, average asking rent is around £678 per month.

Estimated property value in East Boldon is £222,541. Average asking price is £270,226 while average price paid is £186,817 which is up by £18,144 and Avg. asking rent £678.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 East Boldon area. In last 1 year alone average price buyer paid is around £186,817 based on approximately 74 sales in East Boldon area alone. If you compare it to last 3 years sales of 245 properties where buyers paid around £179,590. 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 £180,553 for 383 and average amount paid for purchase of approx. 497 properties sold in last 7 years comes to about £182,144 per sale.

 
 

Properties For Sale in East Boldon

 
 

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 2 bedroom is around £187,427, £219,941 for a 3 bedroom house, £442,485 for a 4 bedroom house and £285,000 for a 5 bedroom house. For a flat similarly the prices varies from £86,370 for a single bedroom to £163,112 for a 2 bedroom Flat. Same is the case with 3 bedroom flat £194,950. To sum up the asking prices for properties in East Boldon it comes to around average £86,370 for 1 bedroom property, £177,189 for 2 bedroom, £219,206 for 3 bedroom, £442,485 for 4 bedroom and £285,000 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 £638 for 2 bedroom to £793 for 3 bedroom and £1,148 for 4 bedroom. But if you are interested in renting a 2 bedroom flat then rent per month can be around £524. As the no. of bedroom increase so will the rent e.g. for a 4 bedroom flat it will be around £451. You should be generally be expecting around average £619 rent per month for 2 bedroom property, £793 for 3 bedroom and approximately £800 for 4 bedroom property in East Boldon area.

Popular Houses in East Boldon

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.

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