Elm Terrace, Eldon Lane, Bishop Auckland, DL14

Street Guide For Elm Terrace, Eldon Lane, Bishop Auckland, DL14

 

Elm Terrace, Eldon Lane, Bishop Auckland, DL14 Map

Estimated Price: £61,855
Average Asking Price: £145,685
Price change in last one year: £1,192
Average Price Paid: £19,500
Average Rent Rates: £500

 

Property Prices Breakdown in Elm Terrace, Eldon Lane, Bishop Auckland, DL14

Average Price for property in Elm Terrace, Eldon Lane, Bishop Auckland, DL14 is around £61,855 which varies based on type of property you are interested in and ranges from £133,431 for detached house to around £47,540 for terraced house. Values have been changing and have risen £316 in last 3 months alone. Similar historical trend can be observed in price changes e.g. prices changed £957 in last 6 months, £1,192 in last 1 year, £4,958 in last 2 years, £3,966 in last 3 years, £1,768 in last 4 years and £1,044 in last 5 years.

Currently average asking price of a property in Elm Terrace, Eldon Lane, Bishop Auckland, DL14 is around £145,685 based on approximately 0 properties for sale. Same is the case with rental options based on 175 properties up for rent, average asking rent is around £500 per month.

Estimated property value in Elm Terrace, Eldon Lane, Bishop Auckland, DL14 is £61,855. Average asking price is £145,685 while average price paid is £19,000 which is up by £3,966 and Avg. asking rent £500.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 Elm Terrace, Eldon Lane, Bishop Auckland, DL14 area. In last 3 years alone average price buyer paid is around £19,000 based on approximately 1 sales in Elm Terrace, Eldon Lane, Bishop Auckland, DL14 area alone. If you compare it to last 5 years sales of 2 properties where buyers paid around £19,500. It has been same for some time now for e.g. if you take an average of amount paid in last 7 years, it comes to around £28,000 for 3 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 £46,900, £83,980 for a 2 bedroom house, £119,843 for a 3 bedroom house, £209,271 for a 4 bedroom house and £381,942 for a 5 bedroom house. For a flat similarly the prices varies from £90,696 for a single bedroom to £70,022 for a 2 bedroom Flat. To sum up the asking prices for properties in Elm Terrace, Eldon Lane, Bishop Auckland, DL14 it comes to around average £70,483 for 1 bedroom property, £82,663 for 2 bedroom, £119,843 for 3 bedroom, £209,271 for 4 bedroom and £381,942 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 £386 for 1 bedroom to £377 for 2 bedroom, £436 for 3 bedroom and £691 for 4 bedroom. But if you are interested in renting a 1 bedroom flat then rent per month can be around £371. As the no. of bedroom increase so will the rent e.g. for a 2 bedroom flat it will be around £376 and £455 for 4 bedroom. You should be generally be expecting around average £374 rent per month for single bedroom property, £377 for 2 bedroom, £436 for 3 bedroom and approximately £652 for 4 bedroom property in Elm Terrace, Eldon Lane, Bishop Auckland, DL14 area.

Popular Houses in Elm Terrace, Eldon Lane, Bishop Auckland, DL14

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 Elm Terrace, Eldon Lane, Bishop Auckland, DL14