Colpitts Lane, Darlington, DL2

Street Guide For Colpitts Lane, Darlington, DL2

 

Colpitts Lane, Darlington, DL2 Map

Estimated Price: £178,237
Average Asking Price: £286,746
Price change in last one year: £5,916
Average Price Paid: £150,000
Average Rent Rates: £634

 

Property Prices Breakdown in Colpitts Lane, Darlington, DL2

Average Price for property in Colpitts Lane, Darlington, DL2 is around £178,237 which varies based on type of property you are interested in and ranges from £197,579 for detached house to around £158,902 for semi-detached. Similarly terraced house is around £171,783. Values have been changing and have risen £1,203 in last 3 months alone. Similar historical trend can be observed in price changes e.g. prices changed £4,435 in last 6 months, £5,916 in last 1 year, £15,307 in last 2 years, £13,659 in last 3 years, £8,816 in last 4 years and £6,502 in last 5 years.

Currently average asking price of a property in Colpitts Lane, Darlington, DL2 is around £286,746 based on approximately 1 properties for sale. Same is the case with rental options based on 18 properties up for rent, average asking rent is around £634 per month.

Estimated property value in Colpitts Lane, Darlington, DL2 is £178,237. Average asking price is £286,746 while average price paid is £153,000 which is up by £5,916 and Avg. asking rent £634.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 Colpitts Lane, Darlington, DL2 area. In last 1 year alone average price buyer paid is around £153,000 based on approximately 1 sales in Colpitts Lane, Darlington, DL2 area alone. If you compare it to last 3 years sales of 1 properties where buyers paid around £153,000. 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 £150,000 for 2 and average amount paid for purchase of approx. 5 properties sold in last 7 years comes to about £156,600 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 £139,950, £158,629 for a 2 bedroom house, £206,760 for a 3 bedroom house, £303,405 for a 4 bedroom house and £409,552 for a 5 bedroom house. For a flat similarly the prices varies from £85,000 for a single bedroom to £139,975 for a 2 bedroom Flat. To sum up the asking prices for properties in Colpitts Lane, Darlington, DL2 it comes to around average £112,475 for 1 bedroom property, £155,644 for 2 bedroom, £206,760 for 3 bedroom, £303,405 for 4 bedroom and £409,552 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 £488 for 2 bedroom to £726 for 3 bedroom and £774 for 4 bedroom. But if you are interested in renting a 2 bedroom flat then rent per month can be around £526. You should be generally be expecting around average £519 rent per month for 2 bedroom property, £726 for 3 bedroom and approximately £774 for 4 bedroom property in Colpitts Lane, Darlington, DL2 area.

Popular Houses in Colpitts Lane, Darlington, DL2

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 Colpitts Lane, Darlington, DL2