Cheltenham Drive, Boldon Colliery, NE35

Street Guide For Cheltenham Drive, Boldon Colliery, NE35

 

Cheltenham Drive, Boldon Colliery, NE35 Map

Estimated Price: £186,067
Average Asking Price: £154,829
Price change in last one year: £11,294
Average Price Paid: £140,400
Average Rent Rates: £840

 

Property Prices Breakdown in Cheltenham Drive, Boldon Colliery, NE35

Average Price for property in Cheltenham Drive, Boldon Colliery, NE35 is around £186,067 which varies based on type of property you are interested in and ranges from £249,615 for detached house to around £182,063 for semi-detached. Similarly terraced house is around £147,321 and a flat is worth £86,534. Values have been changing and have risen £287 in last 3 months alone. Similar historical trend can be observed in price changes e.g. prices changed £1,232 in last 6 months, £11,294 in last 1 year, £14,736 in last 2 years, £20,753 in last 3 years, £12,483 in last 4 years and £10,697 in last 5 years.

Currently average asking price of a property in Cheltenham Drive, Boldon Colliery, NE35 is around £154,829 based on approximately 0 properties for sale. Same is the case with rental options based on 19 properties up for rent, average asking rent is around £840 per month.

Estimated property value in Cheltenham Drive, Boldon Colliery, NE35 is £186,067. Average asking price is £154,829 while average price paid is £189,000 which is up by £20,753 and Avg. asking rent £840.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 Cheltenham Drive, Boldon Colliery, NE35 area. In last 3 years alone average price buyer paid is around £189,000 based on approximately 1 sales in Cheltenham Drive, Boldon Colliery, NE35 area alone. If you compare it to last 5 years sales of 5 properties where buyers paid around £140,400. 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 £144,822 for 9 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 £127,840, £145,900 for a 3 bedroom house, £242,516 for a 4 bedroom house and £234,950 for a 5 bedroom house. For a flat similarly the prices varies from £124,950 for a single bedroom to £94,983 for a 2 bedroom Flat. Same is the case with 3 bedroom flat £38,000. To sum up the asking prices for properties in Cheltenham Drive, Boldon Colliery, NE35 it comes to around average £124,950 for 1 bedroom property, £120,800 for 2 bedroom, £142,984 for 3 bedroom, £242,516 for 4 bedroom and £234,950 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 £537 for 2 bedroom to £602 for 3 bedroom. But if you are interested in renting a 2 bedroom flat then rent per month can be around £423. As the no. of bedroom increase so will the rent e.g. for a 3 bedroom flat it will be around £397. You should be generally be expecting around average £466 rent per month for 2 bedroom property and approximately £511 for 3 bedroom property in Cheltenham Drive, Boldon Colliery, NE35 area.

Popular Houses in Cheltenham Drive, Boldon Colliery, NE35

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 Cheltenham Drive, Boldon Colliery, NE35