Hartlepool

Area Guide For Hartlepool

Hartlepool is a town in the ceremonial county of County Durham, and is part of the Tees Valley economic area in the North East of England. It was founded in the 7th century AD, around the Northumbrian monastery of Hartlepool Abbey. The village grew during the Middle Ages and developed a harbour which served as the official port of the County Palatine of Durham. A railway link from the north was established from the South Durham coal fields to the historic town. An additional link from the south, in 1835, together with a new port, resulted in further expansion, with the establishing of the new town of West Hartlepool. Industrialisation and the establishing of a shipbuilding industry during the later part of the 19th century caused Hartlepool to be a target for the German Navy at the beginning of the First World War. A bombardment of 1150 shells on 16 December 1914 resulted in the death of 117 people. A severe decline in heavy industries and shipbuilding following the Second World War caused periods of high unemployment until the 1990s when major investment projects and the redevelopment of the docks area into a marina have seen a rise in the town's

 
 

Hartlepool Map

Estimated Price: £131,333
Average Asking Price: £161,266
Price change in last one year: £9,009
Average Price Paid: £120,083
Average Rent Rates: £542

 
 

Property Prices Breakdown in Hartlepool

Average Price for property in Hartlepool is around £131,333 which varies based on type of property you are interested in and ranges from £233,124 for detached house to around £128,126 for semi-detached. Similarly terraced house is around £80,608 and a flat is worth £101,126. Values have been changing and have risen £499 in last 3 months alone. Similar historical trend can be observed in price changes e.g. prices changed £465 in last 6 months, £9,009 in last 1 year, £8,703 in last 2 years, £14,142 in last 3 years, £7,303 in last 4 years and £5,820 in last 5 years.

Currently average asking price of a property in Hartlepool is around £161,266 based on approximately 969 properties for sale. Same is the case with rental options based on 257 properties up for rent, average asking rent is around £542 per month.

Estimated property value in Hartlepool is £131,333. Average asking price is £161,266 while average price paid is £116,924 which is up by £9,009 and Avg. asking rent £542.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 Hartlepool area. In last 1 year alone average price buyer paid is around £116,924 based on approximately 969 sales in Hartlepool area alone. If you compare it to last 3 years sales of 2,906 properties where buyers paid around £119,678. 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 £120,083 for 4,686 and average amount paid for purchase of approx. 6,648 properties sold in last 7 years comes to about £119,182 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 £152,475, £87,414 for a 2 bedroom house, £124,924 for a 3 bedroom house, £218,087 for a 4 bedroom house and £352,211 for a 5 bedroom house. For a flat similarly the prices varies from £59,261 for a single bedroom to £87,512 for a 2 bedroom Flat. Same is the case with 3 bedroom flat £84,360 and £176,238 for a 4 bedroom flat. To sum up the asking prices for properties in Hartlepool it comes to around average £81,194 for 1 bedroom property, £87,429 for 2 bedroom, £124,457 for 3 bedroom, £217,246 for 4 bedroom and £352,211 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 £355 for 1 bedroom to £400 for 2 bedrooms, £489 for 3 bedrooms, £447 for 4 bedrooms and £964 for 5 bedrooms house. But if you are interested in renting a 1 bedroom flat then rent per month can be around £403. As the no. of bedroom increase so will the rent e.g. for a 2 bedroom flat it will be around £442 and £389 for 3 bedroom. You should be generally be expecting around average £390 rent per month for single bedroom property, £409 for 2 bedroom, £485 for 3 bedroom, £447 for 4 bedroom and approximately £964 for a 5 bedroom property in Hartlepool area.

Popular Houses in Hartlepool

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.

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