Commercial Road, Spittal, Berwick-upon-Tweed, TD15

Street Guide For Commercial Road, Spittal, Berwick-upon-Tweed, TD15

 

Commercial Road, Spittal, Berwick-upon-Tweed, TD15 Map

Estimated Price: £131,476
Average Asking Price: £219,893
Price change in last one year: £2,048
Average Price Paid: £119,250
Average Rent Rates: £501

 

Property Prices Breakdown in Commercial Road, Spittal, Berwick-upon-Tweed, TD15

Average Price for property in Commercial Road, Spittal, Berwick-upon-Tweed, TD15 is around £131,476 which varies based on type of property you are interested in and ranges from £110,509 for semi-detached to around £145,454 for terraced house. Values have been changing and have risen £665 in last 3 months alone. Similar historical trend can be observed in price changes e.g. prices changed £3,400 in last 6 months, £2,048 in last 1 year, £10,659 in last 2 years, £9,085 in last 3 years, £12,531 in last 4 years and £11,256 in last 5 years.

Currently average asking price of a property in Commercial Road, Spittal, Berwick-upon-Tweed, TD15 is around £219,893 based on approximately 1 properties for sale. Same is the case with rental options based on 37 properties up for rent, average asking rent is around £501 per month.

Estimated property value in Commercial Road, Spittal, Berwick-upon-Tweed, TD15 is £131,476. Average asking price is £219,893 while average price paid is £102,500 which is up by £2,048 and Avg. asking rent £501.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 Commercial Road, Spittal, Berwick-upon-Tweed, TD15 area. In last 1 year alone average price buyer paid is around £102,500 based on approximately 1 sales in Commercial Road, Spittal, Berwick-upon-Tweed, TD15 area alone. If you compare it to last 3 years sales of 1 properties where buyers paid around £102,500. 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 £119,250 for 2 and average amount paid for purchase of approx. 3 properties sold in last 7 years comes to about £116,166 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 £81,225, £139,126 for a 2 bedroom house, £194,668 for a 3 bedroom house, £303,710 for a 4 bedroom house and £411,208 for a 5 bedroom house. For a flat similarly the prices varies from £72,990 for a single bedroom to £103,939 for a 2 bedroom Flat. Same is the case with 3 bedroom flat £150,421 and £220,000 for a 5 bedroom flat. To sum up the asking prices for properties in Commercial Road, Spittal, Berwick-upon-Tweed, TD15 it comes to around average £75,343 for 1 bedroom property, £126,870 for 2 bedroom, £192,657 for 3 bedroom, £303,710 for 4 bedroom and £405,233 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 £491 for 2 bedroom to £563 for 3 bedroom, £657 for 4 bedroom and £750 for 5 bedroom. But if you are interested in renting a 1 bedroom flat then rent per month can be around £396. As the no. of bedroom increase so will the rent e.g. for a 2 bedroom flat it will be around £462. You should be generally be expecting around average £396 rent per month for single bedroom property, £475 for 2 bedroom, £563 for 3 bedroom, £657 for 4 bedroom and approximately £750 for a 5 bedroom property in Commercial Road, Spittal, Berwick-upon-Tweed, TD15 area.

Popular Houses in Commercial Road, Spittal, Berwick-upon-Tweed, TD15

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 Commercial Road, Spittal, Berwick-upon-Tweed, TD15