Hill Rise, Ryton, NE40

Street Guide For Hill Rise, Ryton, NE40

 
 

Hill Rise, Ryton, NE40 Map

Estimated Price: £226,465
Average Asking Price: £172,238
Price change in last one year: £10,323
Average Price Paid: £175,000
Average Rent Rates: £524

Gilmore Estates Ltd
81 Front Street, Prudhoe ,Northumberland, NE42 5PU

Free House valuation

 

Property Prices Breakdown in Hill Rise, Ryton, NE40

Average Price for property in Hill Rise, Ryton, NE40 is around £226,465 which varies based on type of property you are interested in and ranges from £230,865 for detached house to around £200,061 for semi-detached. Values have been changing and have risen £309 in last 3 months alone. Similar historical trend can be observed in price changes e.g. prices changed £1,871 in last 6 months, £10,323 in last 1 year, £15,800 in last 2 years, £20,080 in last 3 years, £11,436 in last 4 years and £8,679 in last 5 years.

Currently average asking price of a property in Hill Rise, Ryton, NE40 is around £172,238 based on approximately 0 properties for sale. Same is the case with rental options based on 32 properties up for rent, average asking rent is around £524 per month.

Estimated property value in Hill Rise, Ryton, NE40 is £226,465. Average asking price is £172,238 while average price paid is £200,000 which is up by £20,080 and Avg. asking rent £524.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 Hill Rise, Ryton, NE40 area. In last 3 years alone average price buyer paid is around £200,000 based on approximately 1 sales in Hill Rise, Ryton, NE40 area alone. If you compare it to last 5 years sales of 2 properties where buyers paid around £175,000. 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 £175,000 for 2 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 £90,000, £118,440 for a 2 bedroom house, £175,572 for a 3 bedroom house, £301,402 for a 4 bedroom house and £376,250 for a 5 bedroom house. For a flat similarly the prices varies from £66,975 for a single bedroom to £91,225 for a 2 bedroom Flat. To sum up the asking prices for properties in Hill Rise, Ryton, NE40 it comes to around average £71,580 for 1 bedroom property, £117,113 for 2 bedroom, £175,572 for 3 bedroom, £301,402 for 4 bedroom and £376,250 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 £394 for 1 bedroom to £491 for 2 bedroom and £624 for 3 bedroom. But if you are interested in renting a 1 bedroom flat then rent per month can be around £351. As the no. of bedroom increase so will the rent e.g. for a 2 bedroom flat it will be around £498. You should be generally be expecting around average £372 rent per month for single bedroom property, £491 for 2 bedroom and approximately £624 for 3 bedroom property in Hill Rise, Ryton, NE40 area.

Popular Houses in Hill Rise, Ryton, NE40

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 Hill Rise, Ryton, NE40