Armstrong Cottages, Bamburgh, NE69

Street Guide For Armstrong Cottages, Bamburgh, NE69

 

Armstrong Cottages, Bamburgh, NE69 Map

Estimated Price: £305,433
Average Asking Price: £326,421
Price change in last one year: £19,431
Average Price Paid: £276,674
Average Rent Rates: £594

 

Property Prices Breakdown in Armstrong Cottages, Bamburgh, NE69

Average Price for property in Armstrong Cottages, Bamburgh, NE69 is around £305,433 which varies based on type of property you are interested in and ranges from £283,740 for detached house to around £314,001 for semi-detached. Similarly terraced house is around £297,231. Values have been changing and have risen £430 in last 3 months alone. Similar historical trend can be observed in price changes e.g. prices changed £2,078 in last 6 months, £19,431 in last 1 year, £24,618 in last 2 years, £35,519 in last 3 years, £20,859 in last 4 years and £18,157 in last 5 years.

Currently average asking price of a property in Armstrong Cottages, Bamburgh, NE69 is around £326,421 based on approximately 3 properties for sale. Same is the case with rental options based on 1 properties up for rent, average asking rent is around £594 per month.

Estimated property value in Armstrong Cottages, Bamburgh, NE69 is £305,433. Average asking price is £326,421 while average price paid is £290,665 which is up by £19,431 and Avg. asking rent £594.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 Armstrong Cottages, Bamburgh, NE69 area. In last 1 year alone average price buyer paid is around £290,665 based on approximately 3 sales in Armstrong Cottages, Bamburgh, NE69 area alone. If you compare it to last 3 years sales of 5 properties where buyers paid around £282,399. 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 £276,674 for 8 and average amount paid for purchase of approx. 8 properties sold in last 7 years comes to about £276,674 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 £122,500 and £437,500 for a 3 bedroom house. For a flat similarly the prices varies from £324,975 for a 2 bedroom to £515,000 for a 3 bedroom Flat. To sum up the asking prices for properties in Armstrong Cottages, Bamburgh, NE69 it comes to around average £223,738 for 2 bedroom property and £463,333 for 3 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 is £594 for 3 bedroom. You should be generally be expecting around average £594 rent per month for 3 bedroom property in Armstrong Cottages, Bamburgh, NE69 area.

Popular Houses in Armstrong Cottages, Bamburgh, NE69

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 Armstrong Cottages, Bamburgh, NE69