Cheltenham Way, Newton Aycliffe, DL5

Street Guide For Cheltenham Way, Newton Aycliffe, DL5

 

Cheltenham Way, Newton Aycliffe, DL5 Map

Estimated Price: £192,999
Average Asking Price: £136,492
Price change in last one year: £6,895
Average Price Paid: £169,490
Average Rent Rates: £554

 

Property Prices Breakdown in Cheltenham Way, Newton Aycliffe, DL5

Average Price for property in Cheltenham Way, Newton Aycliffe, DL5 is around £192,999 which varies based on type of property you are interested in and ranges from £202,314 for detached house to around £144,869 for semi-detached. Values have been changing and have risen £742 in last 3 months alone. Similar historical trend can be observed in price changes e.g. prices changed £3,081 in last 6 months, £6,895 in last 1 year, £13,848 in last 2 years, £8,787 in last 3 years, £5,430 in last 4 years and £2,437 in last 5 years.

Currently average asking price of a property in Cheltenham Way, Newton Aycliffe, DL5 is around £136,492 based on approximately 1 properties for sale. Same is the case with rental options based on 63 properties up for rent, average asking rent is around £554 per month.

Estimated property value in Cheltenham Way, Newton Aycliffe, DL5 is £192,999. Average asking price is £136,492 while average price paid is £123,000 which is up by £6,895 and Avg. asking rent £554.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 Way, Newton Aycliffe, DL5 area. In last 1 year alone average price buyer paid is around £123,000 based on approximately 1 sales in Cheltenham Way, Newton Aycliffe, DL5 area alone. If you compare it to last 3 years sales of 4 properties where buyers paid around £161,250. 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 £169,490 for 5 and average amount paid for purchase of approx. 6 properties sold in last 7 years comes to about £170,408 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 £100,792, £123,133 for a 3 bedroom house, £204,455 for a 4 bedroom house and £248,661 for a 5 bedroom house. For a flat similarly the prices varies from £62,000 for a single bedroom to £74,950 for a 2 bedroom Flat. To sum up the asking prices for properties in Cheltenham Way, Newton Aycliffe, DL5 it comes to around average £62,000 for 1 bedroom property, £100,275 for 2 bedroom, £123,133 for 3 bedroom, £204,455 for 4 bedroom and £248,661 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 £399 for 1 bedroom to £470 for 2 bedrooms, £494 for 3 bedrooms, £574 for 4 bedrooms and £901 for 5 bedrooms house. But if you are interested in renting a 2 bedroom flat then rent per month can be around £462. As the no. of bedroom increase so will the rent e.g. for a 3 bedroom flat it will be around £550. You should be generally be expecting around average £399 rent per month for single bedroom property, £469 for 2 bedroom, £497 for 3 bedroom, £574 for 4 bedroom and approximately £902 for a 5 bedroom property in Cheltenham Way, Newton Aycliffe, DL5 area.

Popular Houses in Cheltenham Way, Newton Aycliffe, DL5

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 Way, Newton Aycliffe, DL5