Garron Street, Seaham, SR7

Street Guide For Garron Street, Seaham, SR7

 

Garron Street, Seaham, SR7 Map

Estimated Price: £60,596
Average Asking Price: £134,960
Price change in last one year: £840
Average Price Paid: £51,500
Average Rent Rates: £2,002

 

Property Prices Breakdown in Garron Street, Seaham, SR7

Average Price for property in Garron Street, Seaham, SR7 is around £60,596 e.g. average price for terraced house is around 60,596. Values have been changing and have risen £539 in last 3 months alone. Similar historical trend can be observed in price changes e.g. prices changed £689 in last 6 months, £840 in last 1 year, £1,946 in last 2 years, £2,219 in last 3 years, £623 in last 4 years and £140 in last 5 years.

Currently average asking price of a property in Garron Street, Seaham, SR7 is around £134,960 based on approximately 3 properties for sale. Same is the case with rental options based on 81 properties up for rent, average asking rent is around £2,002 per month.

Estimated property value in Garron Street, Seaham, SR7 is £60,596. Average asking price is £134,960 while average price paid is £47,500 which is up by £840 and Avg. asking rent £2,002.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 Garron Street, Seaham, SR7 area. In last 1 year alone average price buyer paid is around £47,500 based on approximately 3 sales in Garron Street, Seaham, SR7 area alone. If you compare it to last 3 years sales of 3 properties where buyers paid around £47,500. 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 £51,500 for 5 and average amount paid for purchase of approx. 9 properties sold in last 7 years comes to about £62,938 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 £135,907, £82,807 for a 2 bedroom house, £118,325 for a 3 bedroom house, £208,536 for a 4 bedroom house and £307,496 for a 5 bedroom house. For a flat similarly the prices varies from £64,950 for a single bedroom to £79,729 for a 2 bedroom Flat. Same is the case with 4 bedroom flat £110,000 and £120,000 for a 5 bedroom flat. To sum up the asking prices for properties in Garron Street, Seaham, SR7 it comes to around average £120,139 for 1 bedroom property, £82,455 for 2 bedroom, £118,325 for 3 bedroom, £206,677 for 4 bedroom and £293,073 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 £442 for 1 bedroom to £403 for 2 bedrooms, £437 for 3 bedrooms, £720 for 4 bedrooms and £368 for 5 bedrooms house. But if you are interested in renting a 1 bedroom flat then rent per month can be around £381. As the no. of bedroom increase so will the rent e.g. for a 2 bedroom flat it will be around £456 and £412 for 3 bedroom. You should be generally be expecting around average £412 rent per month for single bedroom property, £407 for 2 bedroom, £434 for 3 bedroom, £720 for 4 bedroom and approximately £368 for a 5 bedroom property in Garron Street, Seaham, SR7 area.

Popular Houses in Garron Street, Seaham, SR7

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 Garron Street, Seaham, SR7