Average Price for property in Wellington Street, Hebburn, NE31 is around £82,009 which varies based on type of property you are interested in and ranges from £102,665 for terraced house to around £75,813 for a flat. Values have been changing and have risen £187 in last 3 months alone. Similar historical trend can be observed in price changes e.g. prices changed £452 in last 6 months, £5,394 in last 1 year, £5,981 in last 2 years, £8,471 in last 3 years, £5,686 in last 4 years and £3,659 in last 5 years.
Currently average asking price of a property in Wellington Street, Hebburn, NE31 is around £138,824 based on approximately 3 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 Wellington Street, Hebburn, NE31 is £82,009. Average asking price is £138,824 while average price paid is £93,000 which is up by £5,394 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 Wellington Street, Hebburn, NE31 area. In last 1 year alone average price buyer paid is around £93,000 based on approximately 3 sales in Wellington Street, Hebburn, NE31 area alone. If you compare it to last 3 years sales of 6 properties where buyers paid around £82,833. 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 £78,562 for 8 and average amount paid for purchase of approx. 11 properties sold in last 7 years comes to about £81,090 per sale.