Average Price for property in Lynwood Avenue, Newbiggin-by-the-Sea, NE64 is around £64,378 e.g. average price for terraced house is around 64,378. Values have been changing and have risen £76 in last 3 months alone. Similar historical trend can be observed in price changes e.g. prices changed £358 in last 6 months, £3,970 in last 1 year, £5,365 in last 2 years, £7,304 in last 3 years, £4,779 in last 4 years and £3,860 in last 5 years.
Currently average asking price of a property in Lynwood Avenue, Newbiggin-by-the-Sea, NE64 is around £113,984 based on approximately 2 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 Lynwood Avenue, Newbiggin-by-the-Sea, NE64 is £64,378. Average asking price is £113,984 while average price paid is £44,500 which is up by £3,970 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 Lynwood Avenue, Newbiggin-by-the-Sea, NE64 area. In last 1 year alone average price buyer paid is around £44,500 based on approximately 2 sales in Lynwood Avenue, Newbiggin-by-the-Sea, NE64 area alone. If you compare it to last 3 years sales of 4 properties where buyers paid around £45,875. 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 £44,750 for 6 and average amount paid for purchase of approx. 8 properties sold in last 7 years comes to about £50,000 per sale.