Values have been changing and have risen £115 in last 3 months alone. Similar historical trend can be observed in price changes e.g. prices changed £1,243 in last 6 months, £9,332 in last 1 year, £10,960 in last 2 years, £17,212 in last 3 years, £10,989 in last 4 years and £9,648 in last 5 years.
Currently average asking price of a property in Washington Terrace, North Shields, NE30 is around £218,652 based on approximately 6 properties for sale. Same is the case with rental options based on 69 properties up for rent, average asking rent is around £776 per month.
Estimated property value in Washington Terrace, North Shields, NE30 is £174,336. Average asking price is £218,652 while average price paid is £223,666 which is up by £9,332 and Avg. asking rent £776.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 Washington Terrace, North Shields, NE30 area. In last 1 year alone average price buyer paid is around £223,666 based on approximately 6 sales in Washington Terrace, North Shields, NE30 area alone. If you compare it to last 3 years sales of 17 properties where buyers paid around £192,305. 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 £178,672 for 24 and average amount paid for purchase of approx. 39 properties sold in last 7 years comes to about £171,773 per sale.