Alexandra Terrace, Wheatley Hill, Durham, DH6

Street Guide For Alexandra Terrace, Wheatley Hill, Durham, DH6

 

Alexandra Terrace, Wheatley Hill, Durham, DH6 Map

Estimated Price: £55,134
Average Asking Price: £118,742
Price change in last one year: £1,665
Average Price Paid: £45,000
Average Rent Rates: £505

 

Property Prices Breakdown in Alexandra Terrace, Wheatley Hill, Durham, DH6

Average Price for property in Alexandra Terrace, Wheatley Hill, Durham, DH6 is around £55,134 which varies based on type of property you are interested in and ranges from £100,587 for detached house to around £50,084 for terraced house. Values have been changing and have risen £112 in last 3 months alone. Similar historical trend can be observed in price changes e.g. prices changed £30 in last 6 months, £1,665 in last 1 year, £3,036 in last 2 years, £3,466 in last 3 years, £1,712 in last 4 years and £2,202 in last 5 years.

Currently average asking price of a property in Alexandra Terrace, Wheatley Hill, Durham, DH6 is around £118,742 based on approximately 1 properties for sale. Same is the case with rental options based on 113 properties up for rent, average asking rent is around £505 per month.

Estimated property value in Alexandra Terrace, Wheatley Hill, Durham, DH6 is £55,134. Average asking price is £118,742 while average price paid is £29,000 which is up by £1,665 and Avg. asking rent £505.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 Alexandra Terrace, Wheatley Hill, Durham, DH6 area. In last 1 year alone average price buyer paid is around £29,000 based on approximately 1 sales in Alexandra Terrace, Wheatley Hill, Durham, DH6 area alone. If you compare it to last 3 years sales of 1 properties where buyers paid around £29,000. 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 £45,000 for 4 and average amount paid for purchase of approx. 5 properties sold in last 7 years comes to about £42,000 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 £80,936, £110,425 for a 3 bedroom house, £202,463 for a 4 bedroom house and £278,100 for a 5 bedroom house. For a flat similarly the prices varies from £79,983 for a 2 bedroom to £59,983 for a 3 bedroom Flat. To sum up the asking prices for properties in Alexandra Terrace, Wheatley Hill, Durham, DH6 it comes to around average £80,893 for 2 bedroom property, £109,743 for 3 bedroom, £202,463 for 4 bedroom and £278,100 for 5 bedroom.

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 £394 for 1 bedroom to £404 for 2 bedroom, £488 for 3 bedroom and £908 for 4 bedroom. But if you are interested in renting a 1 bedroom flat then rent per month can be around £351. As the no. of bedroom increase so will the rent e.g. for a 2 bedroom flat it will be around £425 and £299 for 3 bedroom. You should be generally be expecting around average £372 rent per month for single bedroom property, £407 for 2 bedroom, £485 for 3 bedroom and approximately £908 for 4 bedroom property in Alexandra Terrace, Wheatley Hill, Durham, DH6 area.

Popular Houses in Alexandra Terrace, Wheatley Hill, Durham, DH6

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 Alexandra Terrace, Wheatley Hill, Durham, DH6