Coverdale, Hemlington, Middlesbrough, TS8

Street Guide For Coverdale, Hemlington, Middlesbrough, TS8

 

Coverdale, Hemlington, Middlesbrough, TS8 Map

Estimated Price: £84,927
Average Asking Price: £196,541
Price change in last one year: £2,958
Average Price Paid: £69,750
Average Rent Rates: £530

 

Property Prices Breakdown in Coverdale, Hemlington, Middlesbrough, TS8

Average Price for property in Coverdale, Hemlington, Middlesbrough, TS8 is around £84,927 e.g. average price for terraced house is around 84,927. Values have been changing and have risen £758 in last 3 months alone. Similar historical trend can be observed in price changes e.g. prices changed £1,402 in last 6 months, £2,958 in last 1 year, £5,227 in last 2 years, £3,689 in last 3 years, £4,601 in last 4 years and £4,291 in last 5 years.

Currently average asking price of a property in Coverdale, Hemlington, Middlesbrough, TS8 is around £196,541 based on approximately 1 properties for sale. Same is the case with rental options based on 5 properties up for rent, average asking rent is around £530 per month.

Estimated property value in Coverdale, Hemlington, Middlesbrough, TS8 is £84,927. Average asking price is £196,541 while average price paid is £72,500 which is up by £2,958 and Avg. asking rent £530.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 Coverdale, Hemlington, Middlesbrough, TS8 area. In last 1 year alone average price buyer paid is around £72,500 based on approximately 1 sales in Coverdale, Hemlington, Middlesbrough, TS8 area alone. If you compare it to last 3 years sales of 1 properties where buyers paid around £72,500. 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 £69,750 for 2 and average amount paid for purchase of approx. 3 properties sold in last 7 years comes to about £81,500 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 £117,475, £139,507 for a 2 bedroom house, £147,267 for a 3 bedroom house, £245,792 for a 4 bedroom house and £508,316 for a 5 bedroom house. For a flat the prices of single bedroom is £75,000. To sum up the asking prices for properties in Coverdale, Hemlington, Middlesbrough, TS8 it comes to around average £103,317 for 1 bedroom property, £139,507 for 2 bedroom, £147,267 for 3 bedroom, £245,792 for 4 bedroom and £508,316 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 £533 for 2 bedroom to £702 for 3 bedroom. But if you are interested in renting a 1 bedroom flat then rent per month can be around £347. You should be generally be expecting around average £347 rent per month for single bedroom property, £533 for 2 bedroom and approximately £702 for 3 bedroom property in Coverdale, Hemlington, Middlesbrough, TS8 area.

Popular Houses in Coverdale, Hemlington, Middlesbrough, TS8

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 Coverdale, Hemlington, Middlesbrough, TS8