Average Price for property in Welfare Crescent, Newbiggin-by-the-Sea, NE64 is around £80,470 which varies based on type of property you are interested in and ranges from £82,891 for semi-detached to around £71,755 for terraced house. Values have been changing and have risen £98 in last 3 months alone. Similar historical trend can be observed in price changes e.g. prices changed £460 in last 6 months, £5,080 in last 1 year, £6,863 in last 2 years, £9,344 in last 3 years, £6,110 in last 4 years and £4,932 in last 5 years.
Currently average asking price of a property in Welfare Crescent, Newbiggin-by-the-Sea, NE64 is around £113,984 based on approximately 1 properties for sale. Same is the case with rental options based on 20 properties up for rent, average asking rent is around £451 per month.
Estimated property value in Welfare Crescent, Newbiggin-by-the-Sea, NE64 is £80,470. Average asking price is £113,984 while average price paid is £71,000 which is up by £5,080 and Avg. asking rent £451.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 Welfare Crescent, Newbiggin-by-the-Sea, NE64 area. In last 1 year alone average price buyer paid is around £71,000 based on approximately 1 sales in Welfare Crescent, Newbiggin-by-the-Sea, NE64 area alone. If you compare it to last 3 years sales of 2 properties where buyers paid around £75,500. 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 £64,425 for 5 and average amount paid for purchase of approx. 12 properties sold in last 7 years comes to about £79,177 per sale.