Average Price for property in Walwick Road, South Wellfield, Whitley Bay, NE25 is around £169,893 which varies based on type of property you are interested in and ranges from £185,764 for semi-detached to around £157,990 for terraced house. Values have been changing and have risen £729 in last 3 months alone. Similar historical trend can be observed in price changes e.g. prices changed £1,526 in last 6 months, £10,139 in last 1 year, £13,956 in last 2 years, £20,753 in last 3 years, £12,398 in last 4 years and £12,657 in last 5 years.
Currently average asking price of a property in Walwick Road, South Wellfield, Whitley Bay, NE25 is around £187,900 based on approximately 2 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 Walwick Road, South Wellfield, Whitley Bay, NE25 is £169,893. Average asking price is £187,900 while average price paid is £166,475 which is up by £10,139 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 Walwick Road, South Wellfield, Whitley Bay, NE25 area. In last 1 year alone average price buyer paid is around £166,475 based on approximately 2 sales in Walwick Road, South Wellfield, Whitley Bay, NE25 area alone. If you compare it to last 3 years sales of 4 properties where buyers paid around £185,100. 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 £185,100 for 4 and average amount paid for purchase of approx. 6 properties sold in last 7 years comes to about £176,900 per sale.