DN31

Real Estate Area Guide For DN31

 

DN31 Map

Estimated Price: £63,109
Average Asking Price: £207,679
Price change in last one year: £2,802
Average Price Paid: £55,872
Average Rent Rates: £851

 

Property Prices Breakdown in DN31

Average Price for property in DN31 is around £63,109 which varies based on type of property you are interested in and ranges from £114,576 for detached house to around £79,867 for semi-detached. Similarly terraced house is around £61,593 and a flat is worth £58,643. Values have been changing and have risen £219 in last 3 months alone. Similar historical trend can be observed in price changes e.g. prices changed £131 in last 6 months, £2,802 in last 1 year, £4,993 in last 2 years, £4,506 in last 3 years, £3,873 in last 4 years and £1,222 in last 5 years.

Currently average asking price of a property in DN31 is around £207,679 based on approximately 78 properties for sale. Same is the case with rental options based on 130 properties up for rent, average asking rent is around £851 per month.

Estimated property value in DN31 is £63,109. Average asking price is £207,679 while average price paid is £53,367 which is up by £2,802 and Avg. asking rent £851.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 DN31 area. In last 1 year alone average price buyer paid is around £53,367 based on approximately 78 sales in DN31 area alone. If you compare it to last 3 years sales of 271 properties where buyers paid around £54,177. 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 £55,872 for 445 and average amount paid for purchase of approx. 705 properties sold in last 7 years comes to about £60,923 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 £192,500, £73,171 for a 2 bedroom house, £67,517 for a 3 bedroom house and £92,950 for a 4 bedroom house. For a flat similarly the prices varies from £47,920 for a single bedroom to £47,517 for a 2 bedroom Flat. Same is the case with 4 bedroom flat £65,000. To sum up the asking prices for properties in DN31 it comes to around average £89,229 for 1 bedroom property, £62,176 for 2 bedroom, £67,517 for 3 bedroom and £78,975 for 4 bedroom.

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 £417 for 2 bedroom to £411 for 3 bedroom. But if you are interested in renting a 1 bedroom flat then rent per month can be around £347. As the no. of bedroom increase so will the rent e.g. for a 2 bedroom flat it will be around £359. You should be generally be expecting around average £347 rent per month for single bedroom property, £398 for 2 bedroom and approximately £411 for 3 bedroom property in DN31 area.

Popular Houses in DN31

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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