Chester Terrace, Sunderland, SR1

Street Guide For Chester Terrace, Sunderland, SR1

 
 

Chester Terrace, Sunderland, SR1 Map

Estimated Price: £68,406
Average Asking Price: £90,762
Price change in last one year: £603
Average Price Paid: £58,500
Average Rent Rates: £593

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41 Eden House Road, Sunderland, SR4 7LB

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Property Prices Breakdown in Chester Terrace, Sunderland, SR1

Average Price for property in Chester Terrace, Sunderland, SR1 is around £68,406 which varies based on type of property you are interested in and ranges from £72,796 for terraced house to around £33,291 for a flat. Values have been changing and have risen £320 in last 3 months alone. Similar historical trend can be observed in price changes e.g. prices changed £25 in last 6 months, £603 in last 1 year, £3,729 in last 2 years, £3,459 in last 3 years, £161 in last 4 years and £879 in last 5 years.

Currently average asking price of a property in Chester Terrace, Sunderland, SR1 is around £90,762 based on approximately 0 properties for sale. Same is the case with rental options based on 92 properties up for rent, average asking rent is around £593 per month.

Estimated property value in Chester Terrace, Sunderland, SR1 is £68,406. Average asking price is £90,762 while average price paid is £58,500 which is up by £879 and Avg. asking rent £593.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 Chester Terrace, Sunderland, SR1 area. In last 5 years alone average price buyer paid is around £58,500 based on approximately 2 sales in Chester Terrace, Sunderland, SR1 area alone. If you compare it to last 7 years sales of 2 properties where buyers paid around £58,500.

 
 
 
 

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 £82,125, £90,300 for a 3 bedroom house and £89,950 for a 4 bedroom house. For a flat similarly the prices varies from £51,250 for a single bedroom to £94,795 for a 2 bedroom Flat. Same is the case with 3 bedroom flat £76,000. To sum up the asking prices for properties in Chester Terrace, Sunderland, SR1 it comes to around average £51,250 for 1 bedroom property, £90,324 for 2 bedroom, £86,725 for 3 bedroom and £89,950 for 4 bedroom.

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 £391 for 1 bedroom to £413 for 2 bedrooms, £651 for 3 bedrooms, £471 for 4 bedrooms and £1,495 for 5 bedrooms house. But if you are interested in renting a 1 bedroom flat then rent per month can be around £400. As the no. of bedroom increase so will the rent e.g. for a 2 bedroom flat it will be around £504, £416 for 3 bedroom, £822 for 4 bedroom and around £423 for 5 bedroom flat. You should be generally be expecting around average £395 rent per month for single bedroom property, £493 for 2 bedroom, £592 for 3 bedroom, £646 for 4 bedroom and approximately £959 for a 5 bedroom property in Chester Terrace, Sunderland, SR1 area.

Popular Houses in Chester Terrace, Sunderland, SR1

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 Chester Terrace, Sunderland, SR1