Bamburgh Road, Ferryhill, DL17

Street Guide For Bamburgh Road, Ferryhill, DL17

 

Bamburgh Road, Ferryhill, DL17 Map

Estimated Price: £98,459
Average Asking Price: £123,546
Price change in last one year: £1,524
Average Price Paid: £96,333
Average Rent Rates: £376

 

Property Prices Breakdown in Bamburgh Road, Ferryhill, DL17

Average Price for property in Bamburgh Road, Ferryhill, DL17 is around £98,459 which varies based on type of property you are interested in and ranges from £117,022 for semi-detached to around £90,504 for terraced house. Values have been changing and have risen £837 in last 3 months alone. Similar historical trend can be observed in price changes e.g. prices changed £2,511 in last 6 months, £1,524 in last 1 year, £5,121 in last 2 years, £2,788 in last 3 years, £501 in last 4 years and £2,173 in last 5 years.

Currently average asking price of a property in Bamburgh Road, Ferryhill, DL17 is around £123,546 based on approximately 3 properties for sale. Same is the case with rental options based on 93 properties up for rent, average asking rent is around £376 per month.

Estimated property value in Bamburgh Road, Ferryhill, DL17 is £98,459. Average asking price is £123,546 while average price paid is £96,333 which is up by £1,524 and Avg. asking rent £376.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 Bamburgh Road, Ferryhill, DL17 area. In last 1 year alone average price buyer paid is around £96,333 based on approximately 3 sales in Bamburgh Road, Ferryhill, DL17 area alone. If you compare it to last 3 years sales of 3 properties where buyers paid around £96,333. 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 £96,333 for 3 and average amount paid for purchase of approx. 3 properties sold in last 7 years comes to about £96,333 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 £164,975, £63,160 for a 2 bedroom house, £106,849 for a 3 bedroom house, £256,466 for a 4 bedroom house and £242,475 for a 5 bedroom house. For a flat the prices of 2 bedroom is £46,663. To sum up the asking prices for properties in Bamburgh Road, Ferryhill, DL17 it comes to around average £164,975 for 1 bedroom property, £62,335 for 2 bedroom, £106,849 for 3 bedroom, £256,466 for 4 bedroom and £242,475 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 £360 for 2 bedroom to £376 for 3 bedroom and £598 for 4 bedroom. But if you are interested in renting a 1 bedroom flat then rent per month can be around £342. As the no. of bedroom increase so will the rent e.g. for a 2 bedroom flat it will be around £342. You should be generally be expecting around average £342 rent per month for single bedroom property, £359 for 2 bedroom, £376 for 3 bedroom and approximately £598 for 4 bedroom property in Bamburgh Road, Ferryhill, DL17 area.

Popular Houses in Bamburgh Road, Ferryhill, DL17

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 Bamburgh Road, Ferryhill, DL17