Hobson, Newcastle upon Tyne, NE16

Street Guide For Hobson, Newcastle upon Tyne, NE16

 

Hobson, Newcastle upon Tyne, NE16 Map

Estimated Price: £315,980
Average Asking Price: £202,030
Price change in last one year: £17,776
Average Price Paid: --
Average Rent Rates: £554

 

Property Prices Breakdown in Hobson, Newcastle upon Tyne, NE16

Average Price for property in Hobson, Newcastle upon Tyne, NE16 is around £315,980 which varies based on type of property you are interested in and ranges from £520,968 for detached house to around £110,991 for semi-detached. Values have been changing and have risen £824 in last 3 months alone. Similar historical trend can be observed in price changes e.g. prices changed £2,250 in last 6 months, £17,776 in last 1 year, £22,582 in last 2 years, £34,798 in last 3 years, £20,466 in last 4 years and £17,042 in last 5 years.

Currently average asking price of a property in Hobson, Newcastle upon Tyne, NE16 is around £202,030 based on approximately 0 properties for sale. Same is the case with rental options based on 37 properties up for rent, average asking rent is around £554 per month.

 
 

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 £105,000, £121,844 for a 2 bedroom house, £182,571 for a 3 bedroom house, £336,100 for a 4 bedroom house and £475,571 for a 5 bedroom house. For a flat similarly the prices varies from £98,225 for a single bedroom to £108,708 for a 2 bedroom Flat. Same is the case with 3 bedroom flat £77,475. To sum up the asking prices for properties in Hobson, Newcastle upon Tyne, NE16 it comes to around average £99,580 for 1 bedroom property, £117,044 for 2 bedroom, £179,287 for 3 bedroom, £336,100 for 4 bedroom and £475,571 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 £513 for 2 bedroom to £660 for 3 bedroom, £849 for 4 bedroom and £1,499 for 5 bedroom. But if you are interested in renting a 1 bedroom flat then rent per month can be around £400. As the no. of bedroom increase so will the rent e.g. for a 2 bedroom flat it will be around £497, £514 for 3 bedroom and £425 for 4 bedroom. You should be generally be expecting around average £400 rent per month for single bedroom property, £504 for 2 bedroom, £594 for 3 bedroom, £566 for 4 bedroom and approximately £1,499 for a 5 bedroom property in Hobson, Newcastle upon Tyne, NE16 area.

Popular Houses in Hobson, Newcastle upon Tyne, NE16

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 Hobson, Newcastle upon Tyne, NE16