Bowman Drive, Hexham, NE46

Street Guide For Bowman Drive, Hexham, NE46

 

Bowman Drive, Hexham, NE46 Map

Estimated Price: £206,794
Average Asking Price: £301,091
Price change in last one year: £9,633
Average Price Paid: £147,950
Average Rent Rates: £1,152

 

Property Prices Breakdown in Bowman Drive, Hexham, NE46

Average Price for property in Bowman Drive, Hexham, NE46 is around £206,794 which varies based on type of property you are interested in and ranges from £401,132 for detached house to around £261,657 for semi-detached. Similarly flat is around £170,333. Values have been changing and have risen £584 in last 3 months alone. Similar historical trend can be observed in price changes e.g. prices changed £1,507 in last 6 months, £9,633 in last 1 year, £14,583 in last 2 years, £21,798 in last 3 years, £9,391 in last 4 years and £10,591 in last 5 years.

Currently average asking price of a property in Bowman Drive, Hexham, NE46 is around £301,091 based on approximately 3 properties for sale. Same is the case with rental options based on 50 properties up for rent, average asking rent is around £1,152 per month.

Estimated property value in Bowman Drive, Hexham, NE46 is £206,794. Average asking price is £301,091 while average price paid is £133,000 which is up by £9,633 and Avg. asking rent £1,152.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 Bowman Drive, Hexham, NE46 area. In last 1 year alone average price buyer paid is around £133,000 based on approximately 3 sales in Bowman Drive, Hexham, NE46 area alone. If you compare it to last 3 years sales of 7 properties where buyers paid around £135,285. 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 £147,950 for 10 and average amount paid for purchase of approx. 14 properties sold in last 7 years comes to about £153,357 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 £125,000, £129,047 for a 2 bedroom house, £240,703 for a 3 bedroom house, £346,313 for a 4 bedroom house and £513,195 for a 5 bedroom house. For a flat similarly the prices varies from £96,094 for a single bedroom to £132,329 for a 2 bedroom Flat. Same is the case with 3 bedroom flat £225,808 and £169,975 for a 4 bedroom flat. To sum up the asking prices for properties in Bowman Drive, Hexham, NE46 it comes to around average £98,984 for 1 bedroom property, £131,044 for 2 bedroom, £238,351 for 3 bedroom, £329,519 for 4 bedroom and £513,195 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 £585 for 2 bedroom to £666 for 3 bedroom, £1,113 for 4 bedroom and £1,395 for 5 bedroom. But if you are interested in renting a 1 bedroom flat then rent per month can be around £478. As the no. of bedroom increase so will the rent e.g. for a 2 bedroom flat it will be around £547, £600 for 3 bedroom and £650 for 4 bedroom. You should be generally be expecting around average £478 rent per month for single bedroom property, £562 for 2 bedroom, £647 for 3 bedroom, £1,020 for 4 bedroom and approximately £1,396 for a 5 bedroom property in Bowman Drive, Hexham, NE46 area.

Popular Houses in Bowman Drive, Hexham, NE46

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 Bowman Drive, Hexham, NE46