Highsteads, Medomsley, Consett, DH8

Street Guide For Highsteads, Medomsley, Consett, DH8

 

Highsteads, Medomsley, Consett, DH8 Map

Estimated Price: £224,312
Average Asking Price: £155,626
Price change in last one year: £11,077
Average Price Paid: £192,285
Average Rent Rates: £504

 

Property Prices Breakdown in Highsteads, Medomsley, Consett, DH8

Average Price for property in Highsteads, Medomsley, Consett, DH8 is around £224,312 which varies based on type of property you are interested in and ranges from £235,528 for detached house to around £173,215 for semi-detached. Values have been changing and have risen £338 in last 3 months alone. Similar historical trend can be observed in price changes e.g. prices changed £1,854 in last 6 months, £11,077 in last 1 year, £16,262 in last 2 years, £19,103 in last 3 years, £15,068 in last 4 years and £7,262 in last 5 years.

Currently average asking price of a property in Highsteads, Medomsley, Consett, DH8 is around £155,626 based on approximately 1 properties for sale. Same is the case with rental options based on 145 properties up for rent, average asking rent is around £504 per month.

Estimated property value in Highsteads, Medomsley, Consett, DH8 is £224,312. Average asking price is £155,626 while average price paid is £152,000 which is up by £11,077 and Avg. asking rent £504.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 Highsteads, Medomsley, Consett, DH8 area. In last 1 year alone average price buyer paid is around £152,000 based on approximately 1 sales in Highsteads, Medomsley, Consett, DH8 area alone. If you compare it to last 3 years sales of 2 properties where buyers paid around £213,500. 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 £192,285 for 7 and average amount paid for purchase of approx. 14 properties sold in last 7 years comes to about £206,000 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 £55,000, £83,746 for a 2 bedroom house, £128,880 for a 3 bedroom house, £260,379 for a 4 bedroom house and £393,326 for a 5 bedroom house. For a flat similarly the prices varies from £29,975 for a single bedroom to £123,521 for a 2 bedroom Flat. To sum up the asking prices for properties in Highsteads, Medomsley, Consett, DH8 it comes to around average £44,990 for 1 bedroom property, £88,934 for 2 bedroom, £128,880 for 3 bedroom, £260,379 for 4 bedroom and £393,326 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 £325 for 1 bedroom to £445 for 2 bedrooms, £503 for 3 bedrooms, £726 for 4 bedrooms and £683 for 5 bedrooms house. But if you are interested in renting a 1 bedroom flat then rent per month can be around £319. As the no. of bedroom increase so will the rent e.g. for a 2 bedroom flat it will be around £430. You should be generally be expecting around average £321 rent per month for single bedroom property, £442 for 2 bedroom, £503 for 3 bedroom, £726 for 4 bedroom and approximately £683 for a 5 bedroom property in Highsteads, Medomsley, Consett, DH8 area.

Popular Houses in Highsteads, Medomsley, Consett, DH8

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 Highsteads, Medomsley, Consett, DH8