Average Price for property in Hebburn is around £118,492 which varies based on type of property you are interested in and ranges from £210,314 for detached house to around £125,992 for semi-detached. Similarly terraced house is around £103,126 and a flat is worth £79,930. Values have been changing and have risen £307 in last 3 months alone. Similar historical trend can be observed in price changes e.g. prices changed £1,638 in last 6 months, £10,696 in last 1 year, £10,017 in last 2 years, £10,781 in last 3 years, £12,163 in last 4 years and £4,039 in last 5 years.
Currently average asking price of a property in Hebburn is around £138,166 based on approximately 219 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 Hebburn is £118,492. Average asking price is £138,166 while average price paid is £123,400 which is up by £10,696 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 Hebburn area. In last 1 year alone average price buyer paid is around £123,400 based on approximately 219 sales in Hebburn area alone. If you compare it to last 3 years sales of 573 properties where buyers paid around £114,444. 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 £115,173 for 881 and average amount paid for purchase of approx. 1,247 properties sold in last 7 years comes to about £117,460 per sale.