Gairloch Drive, Washington, NE38

Street Guide For Gairloch Drive, Washington, NE38

 

Gairloch Drive, Washington, NE38 Map

Estimated Price: £155,921
Average Asking Price: £173,633
Price change in last one year: £8,383
Average Price Paid: £118,000
Average Rent Rates: £615

 

Property Prices Breakdown in Gairloch Drive, Washington, NE38

Average Price for property in Gairloch Drive, Washington, NE38 is around £155,921 which varies based on type of property you are interested in and ranges from £192,425 for detached house to around £137,630 for semi-detached. Similarly terraced house is around £119,544. Values have been changing and have risen £305 in last 3 months alone. Similar historical trend can be observed in price changes e.g. prices changed £1,421 in last 6 months, £8,383 in last 1 year, £11,264 in last 2 years, £18,204 in last 3 years, £11,658 in last 4 years and £8,108 in last 5 years.

Currently average asking price of a property in Gairloch Drive, Washington, NE38 is around £173,633 based on approximately 2 properties for sale. Same is the case with rental options based on 29 properties up for rent, average asking rent is around £615 per month.

Estimated property value in Gairloch Drive, Washington, NE38 is £155,921. Average asking price is £173,633 while average price paid is £118,750 which is up by £8,383 and Avg. asking rent £615.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 Gairloch Drive, Washington, NE38 area. In last 1 year alone average price buyer paid is around £118,750 based on approximately 2 sales in Gairloch Drive, Washington, NE38 area alone. If you compare it to last 3 years sales of 6 properties where buyers paid around £123,416. 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 £118,000 for 8 and average amount paid for purchase of approx. 10 properties sold in last 7 years comes to about £120,050 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 £90,167, £142,280 for a 3 bedroom house, £249,637 for a 4 bedroom house and £404,221 for a 5 bedroom house. For a flat similarly the prices varies from £58,399 for a single bedroom to £89,299 for a 2 bedroom Flat. Same is the case with 3 bedroom flat £59,950 and £80,000 for a 4 bedroom flat. To sum up the asking prices for properties in Gairloch Drive, Washington, NE38 it comes to around average £58,399 for 1 bedroom property, £89,753 for 2 bedroom, £141,395 for 3 bedroom, £245,173 for 4 bedroom and £404,221 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 £519 for 2 bedroom to £540 for 3 bedroom, £862 for 4 bedroom and £1,400 for 5 bedroom. But if you are interested in renting a 1 bedroom flat then rent per month can be around £413. As the no. of bedroom increase so will the rent e.g. for a 2 bedroom flat it will be around £495. You should be generally be expecting around average £413 rent per month for single bedroom property, £506 for 2 bedroom, £540 for 3 bedroom, £862 for 4 bedroom and approximately £1,400 for a 5 bedroom property in Gairloch Drive, Washington, NE38 area.

Popular Houses in Gairloch Drive, Washington, NE38

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 Gairloch Drive, Washington, NE38