Bromley Lane, Newby, Middlesbrough, TS8

Street Guide For Bromley Lane, Newby, Middlesbrough, TS8

 

Bromley Lane, Newby, Middlesbrough, TS8 Map

Estimated Price: £331,894
Average Asking Price: £198,335
Price change in last one year: £11,558
Average Price Paid: £338,000
Average Rent Rates: £530

 

Property Prices Breakdown in Bromley Lane, Newby, Middlesbrough, TS8

Average Price for property in Bromley Lane, Newby, Middlesbrough, TS8 is around £331,894 e.g. average price for detached house is around 331,894. Values have been changing and have risen £2,973 in last 3 months alone. Similar historical trend can be observed in price changes e.g. prices changed £5,500 in last 6 months, £11,558 in last 1 year, £20,417 in last 2 years, £14,383 in last 3 years, £17,939 in last 4 years and £16,707 in last 5 years.

Currently average asking price of a property in Bromley Lane, Newby, Middlesbrough, TS8 is around £198,335 based on approximately 1 properties for sale. Same is the case with rental options based on 5 properties up for rent, average asking rent is around £530 per month.

Estimated property value in Bromley Lane, Newby, Middlesbrough, TS8 is £331,894. Average asking price is £198,335 while average price paid is £338,000 which is up by £11,558 and Avg. asking rent £530.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 Bromley Lane, Newby, Middlesbrough, TS8 area. In last 1 year alone average price buyer paid is around £338,000 based on approximately 1 sales in Bromley Lane, Newby, Middlesbrough, TS8 area alone. If you compare it to last 3 years sales of 1 properties where buyers paid around £338,000. 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 £338,000 for 1 and average amount paid for purchase of approx. 1 properties sold in last 7 years comes to about £338,000 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 £117,475, £139,507 for a 2 bedroom house, £147,267 for a 3 bedroom house, £245,792 for a 4 bedroom house and £508,316 for a 5 bedroom house. For a flat the prices of single bedroom is £75,000. To sum up the asking prices for properties in Bromley Lane, Newby, Middlesbrough, TS8 it comes to around average £103,317 for 1 bedroom property, £139,507 for 2 bedroom, £147,267 for 3 bedroom, £245,792 for 4 bedroom and £508,316 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 £533 for 2 bedroom to £702 for 3 bedroom. But if you are interested in renting a 1 bedroom flat then rent per month can be around £347. You should be generally be expecting around average £347 rent per month for single bedroom property, £533 for 2 bedroom and approximately £702 for 3 bedroom property in Bromley Lane, Newby, Middlesbrough, TS8 area.

Popular Houses in Bromley Lane, Newby, Middlesbrough, TS8

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 Bromley Lane, Newby, Middlesbrough, TS8