Bowmont Drive, Tanfield Lea, Stanley, DH9

Street Guide For Bowmont Drive, Tanfield Lea, Stanley, DH9

 

Bowmont Drive, Tanfield Lea, Stanley, DH9 Map

Estimated Price: £126,431
Average Asking Price: £117,984
Price change in last one year: £3,307
Average Price Paid: £116,390
Average Rent Rates: £409

 

Property Prices Breakdown in Bowmont Drive, Tanfield Lea, Stanley, DH9

Average Price for property in Bowmont Drive, Tanfield Lea, Stanley, DH9 is around £126,431 which varies based on type of property you are interested in and ranges from £128,208 for semi-detached to around £125,320 for terraced house. Values have been changing and have risen £24 in last 3 months alone. Similar historical trend can be observed in price changes e.g. prices changed £440 in last 6 months, £3,307 in last 1 year, £6,693 in last 2 years, £7,997 in last 3 years, £4,825 in last 4 years and £2,243 in last 5 years.

Currently average asking price of a property in Bowmont Drive, Tanfield Lea, Stanley, DH9 is around £117,984 based on approximately 0 properties for sale. Same is the case with rental options based on 164 properties up for rent, average asking rent is around £409 per month.

Estimated property value in Bowmont Drive, Tanfield Lea, Stanley, DH9 is £126,431. Average asking price is £117,984 while average price paid is £116,390 which is up by £2,243 and Avg. asking rent £409.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 Bowmont Drive, Tanfield Lea, Stanley, DH9 area. In last 5 years alone average price buyer paid is around £116,390 based on approximately 5 sales in Bowmont Drive, Tanfield Lea, Stanley, DH9 area alone. If you compare it to last 7 years sales of 8 properties where buyers paid around £119,056.

 
 

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 £63,488, £68,739 for a 2 bedroom house, £101,848 for a 3 bedroom house, £201,487 for a 4 bedroom house and £244,895 for a 5 bedroom house. For a flat similarly the prices varies from £88,317 for a 2 bedroom to £64,975 for a 3 bedroom Flat. To sum up the asking prices for properties in Bowmont Drive, Tanfield Lea, Stanley, DH9 it comes to around average £63,488 for 1 bedroom property, £69,195 for 2 bedroom, £101,406 for 3 bedroom, £201,487 for 4 bedroom and £244,895 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 £390 for 1 bedroom to £373 for 2 bedroom, £466 for 3 bedroom and £676 for 4 bedroom. But if you are interested in renting a 1 bedroom flat then rent per month can be around £319. As the no. of bedroom increase so will the rent e.g. for a 2 bedroom flat it will be around £389, £415 for 3 bedroom and £598 for 4 bedroom. You should be generally be expecting around average £328 rent per month for single bedroom property, £375 for 2 bedroom, £459 for 3 bedroom and approximately £650 for 4 bedroom property in Bowmont Drive, Tanfield Lea, Stanley, DH9 area.

Popular Houses in Bowmont Drive, Tanfield Lea, Stanley, DH9

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 Bowmont Drive, Tanfield Lea, Stanley, DH9