Alderside Crescent, Lanchester, Durham, DH7

Street Guide For Alderside Crescent, Lanchester, Durham, DH7

 

Alderside Crescent, Lanchester, Durham, DH7 Map

Estimated Price: £175,176
Average Asking Price: £152,498
Price change in last one year: £10,312
Average Price Paid: £163,285
Average Rent Rates: £604

 

Property Prices Breakdown in Alderside Crescent, Lanchester, Durham, DH7

Average Price for property in Alderside Crescent, Lanchester, Durham, DH7 is around £175,176 which varies based on type of property you are interested in and ranges from £196,934 for detached house to around £171,572 for semi-detached. Values have been changing and have risen £1,100 in last 3 months alone. Similar historical trend can be observed in price changes e.g. prices changed £4,226 in last 6 months, £10,312 in last 1 year, £11,965 in last 2 years, £16,365 in last 3 years, £11,070 in last 4 years and £8,948 in last 5 years.

Currently average asking price of a property in Alderside Crescent, Lanchester, Durham, DH7 is around £152,498 based on approximately 4 properties for sale. Same is the case with rental options based on 118 properties up for rent, average asking rent is around £604 per month.

Estimated property value in Alderside Crescent, Lanchester, Durham, DH7 is £175,176. Average asking price is £152,498 while average price paid is £173,500 which is up by £10,312 and Avg. asking rent £604.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 Alderside Crescent, Lanchester, Durham, DH7 area. In last 1 year alone average price buyer paid is around £173,500 based on approximately 4 sales in Alderside Crescent, Lanchester, Durham, DH7 area alone. If you compare it to last 3 years sales of 11 properties where buyers paid around £164,000. 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 £163,285 for 14 and average amount paid for purchase of approx. 22 properties sold in last 7 years comes to about £158,909 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 2 bedroom is around £83,142, £125,012 for a 3 bedroom house, £254,310 for a 4 bedroom house and £423,445 for a 5 bedroom house. For a flat similarly the prices varies from £64,995 for a single bedroom to £71,862 for a 2 bedroom Flat. To sum up the asking prices for properties in Alderside Crescent, Lanchester, Durham, DH7 it comes to around average £64,995 for 1 bedroom property, £82,800 for 2 bedroom, £125,012 for 3 bedroom, £254,310 for 4 bedroom and £423,445 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 £515 for 1 bedroom to £454 for 2 bedrooms, £496 for 3 bedrooms, £802 for 4 bedrooms and £598 for 5 bedrooms house. But if you are interested in renting a 1 bedroom flat then rent per month can be around £377. As the no. of bedroom increase so will the rent e.g. for a 2 bedroom flat it will be around £431. You should be generally be expecting around average £426 rent per month for single bedroom property, £451 for 2 bedroom, £496 for 3 bedroom, £802 for 4 bedroom and approximately £598 for a 5 bedroom property in Alderside Crescent, Lanchester, Durham, DH7 area.

Popular Houses in Alderside Crescent, Lanchester, Durham, DH7

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 Alderside Crescent, Lanchester, Durham, DH7