Farm Well Place, Prudhoe, NE42

Street Guide For Farm Well Place, Prudhoe, NE42

 
 

Farm Well Place, Prudhoe, NE42 Map

Estimated Price: £254,579
Average Asking Price: £188,741
Price change in last one year: £15,681
Average Price Paid: £217,475
Average Rent Rates: £622

Gilmore Estates Ltd
81 Front Street, Prudhoe ,Northumberland, NE42 5PU

Free House valuation

 

Property Prices Breakdown in Farm Well Place, Prudhoe, NE42

Average Price for property in Farm Well Place, Prudhoe, NE42 is around £254,579 which varies based on type of property you are interested in and ranges from £258,783 for detached house to around £178,915 for semi-detached. Values have been changing and have risen £516 in last 3 months alone. Similar historical trend can be observed in price changes e.g. prices changed £995 in last 6 months, £15,681 in last 1 year, £23,044 in last 2 years, £30,198 in last 3 years, £15,743 in last 4 years and £15,043 in last 5 years.

Currently average asking price of a property in Farm Well Place, Prudhoe, NE42 is around £188,741 based on approximately 0 properties for sale. Same is the case with rental options based on 36 properties up for rent, average asking rent is around £622 per month.

Estimated property value in Farm Well Place, Prudhoe, NE42 is £254,579. Average asking price is £188,741 while average price paid is £217,475 which is up by £30,198 and Avg. asking rent £622.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 Farm Well Place, Prudhoe, NE42 area. In last 3 years alone average price buyer paid is around £217,475 based on approximately 2 sales in Farm Well Place, Prudhoe, NE42 area alone. If you compare it to last 5 years sales of 2 properties where buyers paid around £217,475. 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 £206,737 for 4 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 £25,000, £111,559 for a 2 bedroom house, £169,799 for a 3 bedroom house, £227,488 for a 4 bedroom house and £316,571 for a 5 bedroom house. For a flat similarly the prices varies from £75,000 for a single bedroom to £90,490 for a 2 bedroom Flat. To sum up the asking prices for properties in Farm Well Place, Prudhoe, NE42 it comes to around average £41,667 for 1 bedroom property, £105,865 for 2 bedroom, £169,799 for 3 bedroom, £227,488 for 4 bedroom and £316,571 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 £492 for 2 bedroom to £569 for 3 bedroom and £650 for 4 bedroom. But if you are interested in renting a 1 bedroom flat then rent per month can be around £377. As the no. of bedroom increase so will the rent e.g. for a 2 bedroom flat it will be around £446. You should be generally be expecting around average £377 rent per month for single bedroom property, £467 for 2 bedroom, £569 for 3 bedroom and approximately £650 for 4 bedroom property in Farm Well Place, Prudhoe, NE42 area.

Popular Houses in Farm Well Place, Prudhoe, NE42

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 Farm Well Place, Prudhoe, NE42