Langley-on-Tyne, Hexham, NE47

Street Guide For Langley-on-Tyne, Hexham, NE47

 

Langley-on-Tyne, Hexham, NE47 Map

Estimated Price: £368,051
Average Asking Price: £303,022
Price change in last one year: £21,985
Average Price Paid: £272,500
Average Rent Rates: £770

 

Property Prices Breakdown in Langley-on-Tyne, Hexham, NE47

Average Price for property in Langley-on-Tyne, Hexham, NE47 is around £368,051 which varies based on type of property you are interested in and ranges from £383,650 for detached house to around £305,653 for terraced house. Values have been changing and have risen £915 in last 3 months alone. Similar historical trend can be observed in price changes e.g. prices changed £3,284 in last 6 months, £21,985 in last 1 year, £28,099 in last 2 years, £40,488 in last 3 years, £22,795 in last 4 years and £19,784 in last 5 years.

Currently average asking price of a property in Langley-on-Tyne, Hexham, NE47 is around £303,022 based on approximately 1 properties for sale. Same is the case with rental options based on 15 properties up for rent, average asking rent is around £770 per month.

Estimated property value in Langley-on-Tyne, Hexham, NE47 is £368,051. Average asking price is £303,022 while average price paid is £425,000 which is up by £21,985 and Avg. asking rent £770.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 Langley-on-Tyne, Hexham, NE47 area. In last 1 year alone average price buyer paid is around £425,000 based on approximately 1 sales in Langley-on-Tyne, Hexham, NE47 area alone. If you compare it to last 3 years sales of 2 properties where buyers paid around £272,500. 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 £272,500 for 2 and average amount paid for purchase of approx. 2 properties sold in last 7 years comes to about £272,500 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 £91,500, £163,570 for a 2 bedroom house, £295,897 for a 3 bedroom house, £369,450 for a 4 bedroom house and £580,667 for a 5 bedroom house. For a flat similarly the prices varies from £206,250 for a 2 bedroom to £100,000 for a 3 bedroom Flat. To sum up the asking prices for properties in Langley-on-Tyne, Hexham, NE47 it comes to around average £91,500 for 1 bedroom property, £166,514 for 2 bedroom, £290,300 for 3 bedroom, £369,450 for 4 bedroom and £580,667 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 £351 for 1 bedroom to £829 for 2 bedroom, £504 for 3 bedroom and £1,200 for 4 bedroom. You should be generally be expecting around average £351 rent per month for single bedroom property, £829 for 2 bedroom, £504 for 3 bedroom and approximately £1,200 for 4 bedroom property in Langley-on-Tyne, Hexham, NE47 area.

Popular Houses in Langley-on-Tyne, Hexham, NE47

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 Langley-on-Tyne, Hexham, NE47