Lee Avenue, Shilbottle, Alnwick, NE66

Street Guide For Lee Avenue, Shilbottle, Alnwick, NE66

 

Lee Avenue, Shilbottle, Alnwick, NE66 Map

Estimated Price: £99,431
Average Asking Price: £277,266
Price change in last one year: £5,858
Average Price Paid: £84,166
Average Rent Rates: £621

 

Property Prices Breakdown in Lee Avenue, Shilbottle, Alnwick, NE66

Average Price for property in Lee Avenue, Shilbottle, Alnwick, NE66 is around £99,431 which varies based on type of property you are interested in and ranges from £100,700 for semi-detached to around £87,382 for terraced house. Values have been changing and have risen £40 in last 3 months alone. Similar historical trend can be observed in price changes e.g. prices changed £287 in last 6 months, £5,858 in last 1 year, £6,804 in last 2 years, £9,778 in last 3 years, £7,118 in last 4 years and £5,687 in last 5 years.

Currently average asking price of a property in Lee Avenue, Shilbottle, Alnwick, NE66 is around £277,266 based on approximately 4 properties for sale. Same is the case with rental options based on 35 properties up for rent, average asking rent is around £621 per month.

Estimated property value in Lee Avenue, Shilbottle, Alnwick, NE66 is £99,431. Average asking price is £277,266 while average price paid is £103,750 which is up by £5,858 and Avg. asking rent £621.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 Lee Avenue, Shilbottle, Alnwick, NE66 area. In last 1 year alone average price buyer paid is around £103,750 based on approximately 4 sales in Lee Avenue, Shilbottle, Alnwick, NE66 area alone. If you compare it to last 3 years sales of 7 properties where buyers paid around £83,928. 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 £84,166 for 9 and average amount paid for purchase of approx. 13 properties sold in last 7 years comes to about £93,423 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 £149,975, £158,308 for a 2 bedroom house, £246,121 for a 3 bedroom house, £346,246 for a 4 bedroom house and £442,421 for a 5 bedroom house. For a flat similarly the prices varies from £107,975 for a single bedroom to £127,455 for a 2 bedroom Flat. Same is the case with 3 bedroom flat £162,780. To sum up the asking prices for properties in Lee Avenue, Shilbottle, Alnwick, NE66 it comes to around average £117,308 for 1 bedroom property, £145,150 for 2 bedroom, £239,710 for 3 bedroom, £346,246 for 4 bedroom and £442,421 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 £594 for 1 bedroom to £488 for 2 bedrooms, £557 for 3 bedrooms, £867 for 4 bedrooms and £1,248 for 5 bedrooms house. But if you are interested in renting a 1 bedroom flat then rent per month can be around £426. As the no. of bedroom increase so will the rent e.g. for a 2 bedroom flat it will be around £446. You should be generally be expecting around average £468 rent per month for single bedroom property, £475 for 2 bedroom, £557 for 3 bedroom, £867 for 4 bedroom and approximately £1,248 for a 5 bedroom property in Lee Avenue, Shilbottle, Alnwick, NE66 area.

Popular Houses in Lee Avenue, Shilbottle, Alnwick, NE66

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 Lee Avenue, Shilbottle, Alnwick, NE66