Farndale Avenue, Choppington, NE62

Street Guide For Farndale Avenue, Choppington, NE62

 

Farndale Avenue, Choppington, NE62 Map

Estimated Price: £137,354
Average Asking Price: £134,362
Price change in last one year: £8,584
Average Price Paid: £133,333
Average Rent Rates: £501

 

Property Prices Breakdown in Farndale Avenue, Choppington, NE62

Average Price for property in Farndale Avenue, Choppington, NE62 is around £137,354 e.g. average price for semi-detached is around 137,354. Values have been changing and have risen £263 in last 3 months alone. Similar historical trend can be observed in price changes e.g. prices changed £656 in last 6 months, £8,584 in last 1 year, £11,195 in last 2 years, £14,436 in last 3 years, £8,511 in last 4 years and £8,081 in last 5 years.

Currently average asking price of a property in Farndale Avenue, Choppington, NE62 is around £134,362 based on approximately 0 properties for sale. Same is the case with rental options based on 27 properties up for rent, average asking rent is around £501 per month.

Estimated property value in Farndale Avenue, Choppington, NE62 is £137,354. Average asking price is £134,362 while average price paid is £120,000 which is up by £14,436 and Avg. asking rent £501.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 Farndale Avenue, Choppington, NE62 area. In last 3 years alone average price buyer paid is around £120,000 based on approximately 1 sales in Farndale Avenue, Choppington, NE62 area alone. If you compare it to last 5 years sales of 3 properties where buyers paid around £133,333. 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 £123,875 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 2 bedroom is around £103,313, £105,051 for a 3 bedroom house, £169,966 for a 4 bedroom house and £414,990 for a 5 bedroom house. For a flat similarly the prices varies from £48,967 for a single bedroom to £49,950 for a 2 bedroom Flat. To sum up the asking prices for properties in Farndale Avenue, Choppington, NE62 it comes to around average £48,967 for 1 bedroom property, £98,866 for 2 bedroom, £105,051 for 3 bedroom, £169,966 for 4 bedroom and £414,990 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 £426 for 2 bedroom to £501 for 3 bedroom and £830 for 4 bedroom. But if you are interested in renting a 1 bedroom flat then rent per month can be around £324. As the no. of bedroom increase so will the rent e.g. for a 2 bedroom flat it will be around £347. You should be generally be expecting around average £324 rent per month for single bedroom property, £406 for 2 bedroom, £500 for 3 bedroom and approximately £830 for 4 bedroom property in Farndale Avenue, Choppington, NE62 area.

Popular Houses in Farndale Avenue, Choppington, NE62

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 Farndale Avenue, Choppington, NE62