Bridge Terrace, Stakeford, Choppington, NE62

Street Guide For Bridge Terrace, Stakeford, Choppington, NE62

 

Bridge Terrace, Stakeford, Choppington, NE62 Map

Estimated Price: £87,296
Average Asking Price: £135,176
Price change in last one year: £5,267
Average Price Paid: £51,500
Average Rent Rates: £494

 

Property Prices Breakdown in Bridge Terrace, Stakeford, Choppington, NE62

Average Price for property in Bridge Terrace, Stakeford, Choppington, NE62 is around £87,296 which varies based on type of property you are interested in and ranges from £73,214 for semi-detached to around £89,308 for terraced house. Values have been changing and have risen £160 in last 3 months alone. Similar historical trend can be observed in price changes e.g. prices changed £400 in last 6 months, £5,267 in last 1 year, £6,872 in last 2 years, £8,862 in last 3 years, £5,233 in last 4 years and £4,972 in last 5 years.

Currently average asking price of a property in Bridge Terrace, Stakeford, Choppington, NE62 is around £135,176 based on approximately 0 properties for sale. Same is the case with rental options based on 27 properties up for rent, average asking rent is around £494 per month.

Estimated property value in Bridge Terrace, Stakeford, Choppington, NE62 is £87,296. Average asking price is £135,176 while average price paid is £51,500 which is up by £8,862 and Avg. asking rent £494.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 Bridge Terrace, Stakeford, Choppington, NE62 area. In last 3 years alone average price buyer paid is around £51,500 based on approximately 1 sales in Bridge Terrace, Stakeford, Choppington, NE62 area alone. If you compare it to last 5 years sales of 1 properties where buyers paid around £51,500. It has been same for some time now for e.g. if you take an average of amount paid in last 7 years, it comes to around £72,500 for 2 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 £103,313, £105,051 for a 3 bedroom house, £169,966 for a 4 bedroom house and £414,990 for a 5 bedroom house. For a flat similarly the prices varies from £52,770 for a single bedroom to £49,950 for a 2 bedroom Flat. To sum up the asking prices for properties in Bridge Terrace, Stakeford, Choppington, NE62 it comes to around average £52,770 for 1 bedroom property, £98,866 for 2 bedroom, £105,051 for 3 bedroom, £169,966 for 4 bedroom and £414,990 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 £426 for 2 bedroom to £501 for 3 bedroom and £830 for 4 bedroom. But if you are interested in renting a 1 bedroom flat then rent per month can be around £324. As the no. of bedroom increase so will the rent e.g. for a 2 bedroom flat it will be around £347. You should be generally be expecting around average £324 rent per month for single bedroom property, £406 for 2 bedroom, £500 for 3 bedroom and approximately £830 for 4 bedroom property in Bridge Terrace, Stakeford, Choppington, NE62 area.

Popular Houses in Bridge Terrace, Stakeford, Choppington, NE62

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 Bridge Terrace, Stakeford, Choppington, NE62