Cormorant Drive, Redcar, TS10

Street Guide For Cormorant Drive, Redcar, TS10

 

Cormorant Drive, Redcar, TS10 Map

Estimated Price: £222,087
Average Asking Price: £132,617
Price change in last one year: £4,467
Average Price Paid: £223,873
Average Rent Rates: £674

 

Property Prices Breakdown in Cormorant Drive, Redcar, TS10

Average Price for property in Cormorant Drive, Redcar, TS10 is around £222,087 which varies based on type of property you are interested in and ranges from £223,154 for detached house to around £209,275 for semi-detached. Values have been changing and have risen £1,465 in last 3 months alone. Similar historical trend can be observed in price changes e.g. prices changed £900 in last 6 months, £4,467 in last 1 year, £13,079 in last 2 years, £11,248 in last 3 years, £10,349 in last 4 years and £9,251 in last 5 years.

Currently average asking price of a property in Cormorant Drive, Redcar, TS10 is around £132,617 based on approximately 0 properties for sale. Same is the case with rental options based on 17 properties up for rent, average asking rent is around £674 per month.

Estimated property value in Cormorant Drive, Redcar, TS10 is £222,087. Average asking price is £132,617 while average price paid is £214,997 which is up by £11,248 and Avg. asking rent £674.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 Cormorant Drive, Redcar, TS10 area. In last 3 years alone average price buyer paid is around £214,997 based on approximately 2 sales in Cormorant Drive, Redcar, TS10 area alone. If you compare it to last 5 years sales of 4 properties where buyers paid around £223,873. 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 £223,873 for 4 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 £104,172, £109,509 for a 3 bedroom house, £187,099 for a 4 bedroom house and £269,950 for a 5 bedroom house. For a flat the prices of 2 bedroom is £240,000. To sum up the asking prices for properties in Cormorant Drive, Redcar, TS10 it comes to around average £116,520 for 2 bedroom property, £109,509 for 3 bedroom, £187,099 for 4 bedroom and £269,950 for 5 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 £351 for 1 bedroom to £423 for 2 bedroom and £459 for 3 bedroom. But if you are interested in renting a 1 bedroom flat then rent per month can be around £299. You should be generally be expecting around average £334 rent per month for single bedroom property, £422 for 2 bedroom and approximately £459 for 3 bedroom property in Cormorant Drive, Redcar, TS10 area.

Popular Houses in Cormorant Drive, Redcar, TS10

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 Cormorant Drive, Redcar, TS10