Driffield

Area Guide For Driffield

Driffield, otherwise called Great Driffield, is a market town and common ward in the East Riding of Yorkshire, England. The common ward is shaped by the town of Driffield and the town of Little Driffield. As per the 2011 UK evaluation, Driffield area had a populace of 13,080, an increment on the 2001 UK enumeration figure of 11,477. Driffield lies in the Yorkshire Wolds, on the Driffield Navigation (trench), and close to the wellspring of the River Hull. Driffield lies on the A614, A166 and B1249, and on the Yorkshire Coast rail line from Scarborough to Hull. It is arranged alongside Little Driffield, where King Aldfrith of Northumbria was supposedly covered, and is additionally near to Nafferton, Hutton Cranswick and Wansford. Driffield is named the Capital of the Wolds, mostly through goodness of its ideal area between Bridlington, Beverley and York. Driffield contains a little group healing center, little fire station, police and emergency vehicle stations, a few places of worship - the biggest being All Saints' Parish Church, whose chimes were restored for the thousand years - and a genuinely little high road. There is additionally a zone of parkland near to the ward church close by the stream (Driffield Beck) that runs generally parallel to the high road.

 
 

Driffield Map

Estimated Price: £191,917
Average Asking Price: £242,502
Price change in last one year: £18,991
Average Price Paid: £161,836
Average Rent Rates: £775

 
 

Property Prices Breakdown in Driffield

Average Price for property in Driffield is around £191,917 which varies based on type of property you are interested in and ranges from £258,960 for detached house to around £148,851 for semi-detached. Similarly terraced house is around £122,784 and a flat is worth £101,518. Values have been changing and have risen £3,400 in last 3 months alone. Similar historical trend can be observed in price changes e.g. prices changed £9,046 in last 6 months, £18,991 in last 1 year, £24,380 in last 2 years, £22,124 in last 3 years, £21,986 in last 4 years and £22,424 in last 5 years.

Currently average asking price of a property in Driffield is around £242,502 based on approximately 480 properties for sale. Same is the case with rental options based on 38 properties up for rent, average asking rent is around £775 per month.

Estimated property value in Driffield is £191,917. Average asking price is £242,502 while average price paid is £166,108 which is up by £18,991 and Avg. asking rent £775.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 Driffield area. In last 1 year alone average price buyer paid is around £166,108 based on approximately 480 sales in Driffield area alone. If you compare it to last 3 years sales of 1,393 properties where buyers paid around £160,587. 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 £161,836 for 2,242 and average amount paid for purchase of approx. 3,027 properties sold in last 7 years comes to about £164,016 per sale.

 
 

Properties For Sale in Driffield

 
 

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 £94,950, £128,224 for a 2 bedroom house, £167,021 for a 3 bedroom house, £278,415 for a 4 bedroom house and £402,398 for a 5 bedroom house. For a flat similarly the prices varies from £55,590 for a single bedroom to £141,725 for a 2 bedroom Flat. To sum up the asking prices for properties in Driffield it comes to around average £62,150 for 1 bedroom property, £130,736 for 2 bedroom, £167,021 for 3 bedroom, £278,415 for 4 bedroom and £402,398 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 £479 for 2 bedroom to £595 for 3 bedroom and £886 for 4 bedroom. But if you are interested in renting a 1 bedroom flat then rent per month can be around £399. As the no. of bedroom increase so will the rent e.g. for a 2 bedroom flat it will be around £568. You should be generally be expecting around average £398 rent per month for single bedroom property, £511 for 2 bedroom, £595 for 3 bedroom and approximately £886 for 4 bedroom property in Driffield area.

Popular Houses in Driffield

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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