Cowpen Road, Blyth, NE24

Street Guide For Cowpen Road, Blyth, NE24

 

Cowpen Road, Blyth, NE24 Map

Estimated Price: £106,537
Average Asking Price: £127,036
Price change in last one year: £5,618
Average Price Paid: £86,659
Average Rent Rates: £499

 

Property Prices Breakdown in Cowpen Road, Blyth, NE24

Average Price for property in Cowpen Road, Blyth, NE24 is around £106,537 which varies based on type of property you are interested in and ranges from £175,991 for detached house to around £112,373 for semi-detached. Similarly terraced house is around £81,685 and a flat is worth £79,340. Values have been changing and have risen £171 in last 3 months alone. Similar historical trend can be observed in price changes e.g. prices changed £362 in last 6 months, £5,618 in last 1 year, £8,894 in last 2 years, £12,899 in last 3 years, £8,526 in last 4 years and £6,837 in last 5 years.

Currently average asking price of a property in Cowpen Road, Blyth, NE24 is around £127,036 based on approximately 5 properties for sale. Same is the case with rental options based on 145 properties up for rent, average asking rent is around £499 per month.

Estimated property value in Cowpen Road, Blyth, NE24 is £106,537. Average asking price is £127,036 while average price paid is £102,975 which is up by £5,618 and Avg. asking rent £499.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 Cowpen Road, Blyth, NE24 area. In last 1 year alone average price buyer paid is around £102,975 based on approximately 5 sales in Cowpen Road, Blyth, NE24 area alone. If you compare it to last 3 years sales of 7 properties where buyers paid around £90,768. 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 £86,659 for 8 and average amount paid for purchase of approx. 14 properties sold in last 7 years comes to about £89,659 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 £80,667, £80,783 for a 2 bedroom house, £122,464 for a 3 bedroom house, £191,835 for a 4 bedroom house and £306,978 for a 5 bedroom house. For a flat similarly the prices varies from £55,273 for a single bedroom to £78,211 for a 2 bedroom Flat. Same is the case with 3 bedroom flat £47,500 and £94,950 for a 5 bedroom flat. To sum up the asking prices for properties in Cowpen Road, Blyth, NE24 it comes to around average £60,034 for 1 bedroom property, £79,791 for 2 bedroom, £121,951 for 3 bedroom, £191,835 for 4 bedroom and £268,427 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 £393 for 2 bedroom to £456 for 3 bedroom and £644 for 4 bedroom. But if you are interested in renting a 1 bedroom flat then rent per month can be around £392. As the no. of bedroom increase so will the rent e.g. for a 2 bedroom flat it will be around £390 and £451 for 3 bedroom. You should be generally be expecting around average £392 rent per month for single bedroom property, £391 for 2 bedroom, £455 for 3 bedroom and approximately £644 for 4 bedroom property in Cowpen Road, Blyth, NE24 area.

Popular Houses in Cowpen Road, Blyth, NE24

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 Cowpen Road, Blyth, NE24