Average Price for property in Wood Terrace, South Shields, NE33 is around £417,918 which varies based on type of property you are interested in and ranges from £655,234 for detached house to around £284,721 for terraced house. Similarly flat is around £209,683. Values have been changing and have risen £2,114 in last 3 months alone. Similar historical trend can be observed in price changes e.g. prices changed £7,149 in last 6 months, £16,772 in last 1 year, £29,071 in last 2 years, £38,275 in last 3 years, £17,319 in last 4 years and £15,484 in last 5 years.
Currently average asking price of a property in Wood Terrace, South Shields, NE33 is around £124,690 based on approximately 0 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 Wood Terrace, South Shields, NE33 is £417,918. Average asking price is £124,690 while average price paid is £249,950 which is up by £38,275 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 Wood Terrace, South Shields, NE33 area. In last 3 years alone average price buyer paid is around £249,950 based on approximately 1 sales in Wood Terrace, South Shields, NE33 area alone. If you compare it to last 5 years sales of 2 properties where buyers paid around £449,975. It has been same for some time now for e.g. if you take an average of amount paid in last 7 years, it comes to around £449,975 for 2 per sale.