Allerburn Lea, Alnwick, NE66

Street Guide For Allerburn Lea, Alnwick, NE66

 

Allerburn Lea, Alnwick, NE66 Map

Estimated Price: £256,275
Average Asking Price: £280,890
Price change in last one year: £16,017
Average Price Paid: £235,905
Average Rent Rates: £633

 

Property Prices Breakdown in Allerburn Lea, Alnwick, NE66

Average Price for property in Allerburn Lea, Alnwick, NE66 is around £256,275 which varies based on type of property you are interested in and ranges from £256,390 for detached house to around £245,302 for semi-detached. Similarly terraced house is around £246,916. Values have been changing and have risen £113 in last 3 months alone. Similar historical trend can be observed in price changes e.g. prices changed £792 in last 6 months, £16,017 in last 1 year, £18,593 in last 2 years, £26,725 in last 3 years, £19,436 in last 4 years and £15,508 in last 5 years.

Currently average asking price of a property in Allerburn Lea, Alnwick, NE66 is around £280,890 based on approximately 8 properties for sale. Same is the case with rental options based on 35 properties up for rent, average asking rent is around £633 per month.

Estimated property value in Allerburn Lea, Alnwick, NE66 is £256,275. Average asking price is £280,890 while average price paid is £224,250 which is up by £16,017 and Avg. asking rent £633.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 Allerburn Lea, Alnwick, NE66 area. In last 1 year alone average price buyer paid is around £224,250 based on approximately 8 sales in Allerburn Lea, Alnwick, NE66 area alone. If you compare it to last 3 years sales of 24 properties where buyers paid around £235,565. 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 £235,905 for 37 and average amount paid for purchase of approx. 55 properties sold in last 7 years comes to about £230,236 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 1 bedroom is around £149,975, £160,797 for a 2 bedroom house, £246,121 for a 3 bedroom house, £348,545 for a 4 bedroom house and £442,421 for a 5 bedroom house. For a flat similarly the prices varies from £107,975 for a single bedroom to £127,455 for a 2 bedroom Flat. Same is the case with 3 bedroom flat £162,780. To sum up the asking prices for properties in Allerburn Lea, Alnwick, NE66 it comes to around average £117,308 for 1 bedroom property, £146,147 for 2 bedroom, £239,710 for 3 bedroom, £348,545 for 4 bedroom and £442,421 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 £594 for 1 bedroom to £488 for 2 bedrooms, £557 for 3 bedrooms, £867 for 4 bedrooms and £1,248 for 5 bedrooms house. But if you are interested in renting a 1 bedroom flat then rent per month can be around £414. As the no. of bedroom increase so will the rent e.g. for a 2 bedroom flat it will be around £446. You should be generally be expecting around average £474 rent per month for single bedroom property, £475 for 2 bedroom, £557 for 3 bedroom, £867 for 4 bedroom and approximately £1,248 for a 5 bedroom property in Allerburn Lea, Alnwick, NE66 area.

Popular Houses in Allerburn Lea, Alnwick, NE66

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 Allerburn Lea, Alnwick, NE66