Westoe Road, South Shields, NE33

Street Guide For Westoe Road, South Shields, NE33

 

Westoe Road, South Shields, NE33 Map

Estimated Price: £126,134
Average Asking Price: £124,690
Price change in last one year: £5,105
Average Price Paid: £111,050
Average Rent Rates: £545

 

Property Prices Breakdown in Westoe Road, South Shields, NE33

Average Price for property in Westoe Road, South Shields, NE33 is around £126,134 which varies based on type of property you are interested in and ranges from £125,041 for detached house to around £154,486 for semi-detached. Similarly terraced house is around £141,779 and a flat is worth £102,853. Values have been changing and have risen £642 in last 3 months alone. Similar historical trend can be observed in price changes e.g. prices changed £2,173 in last 6 months, £5,105 in last 1 year, £8,850 in last 2 years, £11,653 in last 3 years, £5,282 in last 4 years and £4,729 in last 5 years.

Currently average asking price of a property in Westoe Road, South Shields, NE33 is around £124,690 based on approximately 4 properties for sale. Same is the case with rental options based on 232 properties up for rent, average asking rent is around £545 per month.

Estimated property value in Westoe Road, South Shields, NE33 is £126,134. Average asking price is £124,690 while average price paid is £146,987 which is up by £5,105 and Avg. asking rent £545.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 Westoe Road, South Shields, NE33 area. In last 1 year alone average price buyer paid is around £146,987 based on approximately 4 sales in Westoe Road, South Shields, NE33 area alone. If you compare it to last 3 years sales of 10 properties where buyers paid around £121,130. 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 £111,050 for 16 and average amount paid for purchase of approx. 22 properties sold in last 7 years comes to about £110,465 per sale.

 
 

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 1 bedroom is around £130,000, £117,513 for a 2 bedroom house, £151,654 for a 3 bedroom house, £210,571 for a 4 bedroom house and £215,214 for a 5 bedroom house. For a flat similarly the prices varies from £71,032 for a single bedroom to £85,553 for a 2 bedroom Flat. Same is the case with 3 bedroom flat £85,895, £101,980 for a 4 bedroom flat and £103,980 for a 5 bedroom flat. To sum up the asking prices for properties in Westoe Road, South Shields, NE33 it comes to around average £74,056 for 1 bedroom property, £92,083 for 2 bedroom, £132,020 for 3 bedroom, £182,088 for 4 bedroom and £189,934 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 £370 for 1 bedroom to £468 for 2 bedrooms, £641 for 3 bedrooms, £709 for 4 bedrooms and £559 for 5 bedrooms house. But if you are interested in renting a 1 bedroom flat then rent per month can be around £405. As the no. of bedroom increase so will the rent e.g. for a 2 bedroom flat it will be around £444, £479 for 3 bedroom and £428 for 4 bedroom. You should be generally be expecting around average £396 rent per month for single bedroom property, £446 for 2 bedroom, £518 for 3 bedroom, £568 for 4 bedroom and approximately £559 for a 5 bedroom property in Westoe Road, South Shields, NE33 area.

Popular Houses in Westoe Road, South Shields, NE33

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.

Areas in and around Westoe Road, South Shields, NE33