Crofts Way, Corbridge, NE45

Street Guide For Crofts Way, Corbridge, NE45

 

Crofts Way, Corbridge, NE45 Map

Estimated Price: £283,968
Average Asking Price: £469,708
Price change in last one year: £18,733
Average Price Paid: £247,250
Average Rent Rates: £629

 

Property Prices Breakdown in Crofts Way, Corbridge, NE45

Average Price for property in Crofts Way, Corbridge, NE45 is around £283,968 which varies based on type of property you are interested in and ranges from £295,719 for detached house to around £281,141 for semi-detached. Similarly terraced house is around £252,734. Values have been changing and have risen £438 in last 3 months alone. Similar historical trend can be observed in price changes e.g. prices changed £2,074 in last 6 months, £18,733 in last 1 year, £23,678 in last 2 years, £34,232 in last 3 years, £19,994 in last 4 years and £17,363 in last 5 years.

Currently average asking price of a property in Crofts Way, Corbridge, NE45 is around £469,708 based on approximately 5 properties for sale. Same is the case with rental options based on 13 properties up for rent, average asking rent is around £629 per month.

Estimated property value in Crofts Way, Corbridge, NE45 is £283,968. Average asking price is £469,708 while average price paid is £253,000 which is up by £18,733 and Avg. asking rent £629.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 Crofts Way, Corbridge, NE45 area. In last 1 year alone average price buyer paid is around £253,000 based on approximately 5 sales in Crofts Way, Corbridge, NE45 area alone. If you compare it to last 3 years sales of 8 properties where buyers paid around £251,562. 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 £247,250 for 10 and average amount paid for purchase of approx. 11 properties sold in last 7 years comes to about £249,318 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 £263,317, £492,767 for a 3 bedroom house, £499,200 for a 4 bedroom house and £344,150 for a 5 bedroom house. For a flat similarly the prices varies from £130,750 for a single bedroom to £207,500 for a 2 bedroom Flat. Same is the case with 3 bedroom flat £372,250. To sum up the asking prices for properties in Crofts Way, Corbridge, NE45 it comes to around average £130,750 for 1 bedroom property, £246,142 for 2 bedroom, £470,855 for 3 bedroom, £499,200 for 4 bedroom and £344,150 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 £572 for 1 bedroom to £679 for 2 bedroom, £1,001 for 3 bedroom and £823 for 4 bedroom. But if you are interested in renting a 1 bedroom flat then rent per month can be around £498. As the no. of bedroom increase so will the rent e.g. for a 2 bedroom flat it will be around £565 and £676 for 3 bedroom. You should be generally be expecting around average £547 rent per month for single bedroom property, £622 for 2 bedroom, £838 for 3 bedroom and approximately £823 for 4 bedroom property in Crofts Way, Corbridge, NE45 area.

Popular Houses in Crofts Way, Corbridge, NE45

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 Crofts Way, Corbridge, NE45