Hydenside, Consett, DH8

Street Guide For Hydenside, Consett, DH8

 

Hydenside, Consett, DH8 Map

Estimated Price: £60,412
Average Asking Price: £155,626
Price change in last one year: £2,831
Average Price Paid: £40,250
Average Rent Rates: £504

 

Property Prices Breakdown in Hydenside, Consett, DH8

Average Price for property in Hydenside, Consett, DH8 is around £60,412 which varies based on type of property you are interested in and ranges from £69,934 for semi-detached to around £55,652 for terraced house. Values have been changing and have risen £87 in last 3 months alone. Similar historical trend can be observed in price changes e.g. prices changed £475 in last 6 months, £2,831 in last 1 year, £4,158 in last 2 years, £4,888 in last 3 years, £3,863 in last 4 years and £1,877 in last 5 years.

Currently average asking price of a property in Hydenside, 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 Hydenside, Consett, DH8 is £60,412. Average asking price is £155,626 while average price paid is £36,500 which is up by £2,831 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 Hydenside, Consett, DH8 area. In last 1 year alone average price buyer paid is around £36,500 based on approximately 1 sales in Hydenside, Consett, DH8 area alone. If you compare it to last 3 years sales of 2 properties where buyers paid around £40,250. 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 £40,250 for 2 and average amount paid for purchase of approx. 2 properties sold in last 7 years comes to about £40,250 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, £83,856 for a 2 bedroom house, £128,421 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 Hydenside, Consett, DH8 it comes to around average £44,990 for 1 bedroom property, £89,087 for 2 bedroom, £128,421 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 £345. As the no. of bedroom increase so will the rent e.g. for a 2 bedroom flat it will be around £424. You should be generally be expecting around average £339 rent per month for single bedroom property, £441 for 2 bedroom, £503 for 3 bedroom, £726 for 4 bedroom and approximately £683 for a 5 bedroom property in Hydenside, Consett, DH8 area.

Popular Houses in Hydenside, 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 Hydenside, Consett, DH8