Coverdale, Wallsend, NE28

Street Guide For Coverdale, Wallsend, NE28

 

Coverdale, Wallsend, NE28 Map

Estimated Price: £126,414
Average Asking Price: £115,513
Price change in last one year: £6,056
Average Price Paid: £103,385
Average Rent Rates: £545

 

Property Prices Breakdown in Coverdale, Wallsend, NE28

Values have been changing and have risen £664 in last 3 months alone. Similar historical trend can be observed in price changes e.g. prices changed £1,643 in last 6 months, £6,056 in last 1 year, £8,365 in last 2 years, £13,113 in last 3 years, £6,590 in last 4 years and £6,150 in last 5 years.

Currently average asking price of a property in Coverdale, Wallsend, NE28 is around £115,513 based on approximately 2 properties for sale. Same is the case with rental options based on 81 properties up for rent, average asking rent is around £545 per month.

Estimated property value in Coverdale, Wallsend, NE28 is £126,414. Average asking price is £115,513 while average price paid is £121,475 which is up by £6,056 and Avg. asking rent £545.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, Wallsend, NE28 area. In last 1 year alone average price buyer paid is around £121,475 based on approximately 2 sales in Coverdale, Wallsend, NE28 area alone. If you compare it to last 3 years sales of 2 properties where buyers paid around £121,475. 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 £103,385 for 7 and average amount paid for purchase of approx. 11 properties sold in last 7 years comes to about £105,154 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 £57,500, £100,188 for a 2 bedroom house, £140,041 for a 3 bedroom house, £205,701 for a 4 bedroom house and £274,950 for a 5 bedroom house. For a flat similarly the prices varies from £58,770 for a single bedroom to £73,526 for a 2 bedroom Flat. Same is the case with 3 bedroom flat £72,232, £69,950 for a 4 bedroom flat and £77,475 for a 5 bedroom flat. To sum up the asking prices for properties in Coverdale, Wallsend, NE28 it comes to around average £58,589 for 1 bedroom property, £82,413 for 2 bedroom, £133,440 for 3 bedroom, £201,176 for 4 bedroom and £195,960 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 £430 for 1 bedroom to £525 for 2 bedroom, £601 for 3 bedroom and £650 for 4 bedroom. But if you are interested in renting a 1 bedroom flat then rent per month can be around £381. As the no. of bedroom increase so will the rent e.g. for a 2 bedroom flat it will be around £439, £439 for 3 bedroom and £576 for 5 bedroom. You should be generally be expecting around average £406 rent per month for single bedroom property, £449 for 2 bedroom, £553 for 3 bedroom, £650 for 4 bedroom and approximately £576 for a 5 bedroom property in Coverdale, Wallsend, NE28 area.

Popular Houses in Coverdale, Wallsend, NE28

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, Wallsend, NE28