Darlington

Area Guide For Darlington

Darlington is a business/market town in County Durham, in the North East of England. It is the real settlement in the unitary power and ward of Darlington, with an inhabitant populace of 106,000 in 2011. The town lies on the little River Skerne, a tributary of the River Tees, not a long way from the primary river. The town owes quite a bit of its advancement to the impact of nearby Quaker families amid the Victorian time, and it is celebrated as the end of the world's first traveller track. Darlington route station is an essential stop on the East Coast Main Line.

 
 

Darlington Map

Estimated Price: £155,111
Average Asking Price: £188,246
Price change in last one year: £463
Average Price Paid: £142,354
Average Rent Rates: £507

 
 

Property Prices Breakdown in Darlington

Average Price for property in Darlington is around £155,111 which varies based on type of property you are interested in and ranges from £258,151 for detached house to around £147,380 for semi-detached. Similarly terraced house is around £107,043 and a flat is worth £127,325. Values have been changing and have risen £159 in last 3 months alone. Similar historical trend can be observed in price changes e.g. prices changed £1,539 in last 6 months, £463 in last 1 year, £14,296 in last 2 years, £15,291 in last 3 years, £12,268 in last 4 years and £12,034 in last 5 years.

Currently average asking price of a property in Darlington is around £188,246 based on approximately 1,325 properties for sale. Same is the case with rental options based on 273 properties up for rent, average asking rent is around £507 per month.

Estimated property value in Darlington is £155,111. Average asking price is £188,246 while average price paid is £148,548 which is up by £463 and Avg. asking rent £507.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 Darlington area. In last 1 year alone average price buyer paid is around £148,548 based on approximately 1,325 sales in Darlington area alone. If you compare it to last 3 years sales of 3,851 properties where buyers paid around £141,490. 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 £142,354 for 6,150 and average amount paid for purchase of approx. 8,682 properties sold in last 7 years comes to about £142,323 per sale.

 
 

Properties For Sale in Darlington

 
 

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 £99,967, £99,522 for a 2 bedroom house, £149,209 for a 3 bedroom house, £271,407 for a 4 bedroom house and £374,512 for a 5 bedroom house. For a flat similarly the prices varies from £87,002 for a single bedroom to £119,129 for a 2 bedroom Flat. Same is the case with 3 bedroom flat £144,600. To sum up the asking prices for properties in Darlington it comes to around average £88,693 for 1 bedroom property, £104,091 for 2 bedroom, £149,172 for 3 bedroom, £271,407 for 4 bedroom and £374,512 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 £337 for 1 bedroom to £403 for 2 bedroom, £503 for 3 bedroom and £705 for 4 bedroom. But if you are interested in renting a 1 bedroom flat then rent per month can be around £379. As the no. of bedroom increase so will the rent e.g. for a 2 bedroom flat it will be around £487 and £494 for 3 bedroom. You should be generally be expecting around average £374 rent per month for single bedroom property, £427 for 2 bedroom, £503 for 3 bedroom and approximately £705 for 4 bedroom property in Darlington area.

Popular Houses in Darlington

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.

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