Laburnum Road, Ormesby, Middlesbrough, TS7

Street Guide For Laburnum Road, Ormesby, Middlesbrough, TS7

 

Laburnum Road, Ormesby, Middlesbrough, TS7 Map

Estimated Price: £120,837
Average Asking Price: £270,385
Price change in last one year: £3,169
Average Price Paid: £117,487
Average Rent Rates: £648

 

Property Prices Breakdown in Laburnum Road, Ormesby, Middlesbrough, TS7

Average Price for property in Laburnum Road, Ormesby, Middlesbrough, TS7 is around £120,837 which varies based on type of property you are interested in and ranges from £145,522 for detached house to around £139,788 for semi-detached. Similarly terraced house is around £66,136 and a flat is worth £91,449. Values have been changing and have risen £865 in last 3 months alone. Similar historical trend can be observed in price changes e.g. prices changed £570 in last 6 months, £3,169 in last 1 year, £7,331 in last 2 years, £4,297 in last 3 years, £5,609 in last 4 years and £5,447 in last 5 years.

Currently average asking price of a property in Laburnum Road, Ormesby, Middlesbrough, TS7 is around £270,385 based on approximately 1 properties for sale. Same is the case with rental options based on 9 properties up for rent, average asking rent is around £648 per month.

Estimated property value in Laburnum Road, Ormesby, Middlesbrough, TS7 is £120,837. Average asking price is £270,385 while average price paid is £115,000 which is up by £3,169 and Avg. asking rent £648.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 Laburnum Road, Ormesby, Middlesbrough, TS7 area. In last 1 year alone average price buyer paid is around £115,000 based on approximately 1 sales in Laburnum Road, Ormesby, Middlesbrough, TS7 area alone. If you compare it to last 3 years sales of 3 properties where buyers paid around £98,333. 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 £117,487 for 4 and average amount paid for purchase of approx. 6 properties sold in last 7 years comes to about £128,658 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 2 bedroom is around £147,688, £181,670 for a 3 bedroom house, £307,737 for a 4 bedroom house and £437,808 for a 5 bedroom house. For a flat similarly the prices varies from £72,625 for a single bedroom to £129,975 for a 2 bedroom Flat. To sum up the asking prices for properties in Laburnum Road, Ormesby, Middlesbrough, TS7 it comes to around average £72,625 for 1 bedroom property, £144,145 for 2 bedroom, £181,670 for 3 bedroom, £307,737 for 4 bedroom and £437,808 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 £693 for 2 bedroom to £638 for 3 bedroom and £659 for 4 bedroom. But if you are interested in renting a 2 bedroom flat then rent per month can be around £617. As the no. of bedroom increase so will the rent e.g. for a 3 bedroom flat it will be around £750. You should be generally be expecting around average £636 rent per month for 2 bedroom property, £666 for 3 bedroom and approximately £658 for 4 bedroom property in Laburnum Road, Ormesby, Middlesbrough, TS7 area.

Popular Houses in Laburnum Road, Ormesby, Middlesbrough, TS7

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 Laburnum Road, Ormesby, Middlesbrough, TS7