Long Rigg, Riding Mill, NE44

Street Guide For Long Rigg, Riding Mill, NE44

 

Long Rigg, Riding Mill, NE44 Map

Estimated Price: £491,484
Average Asking Price: £541,908
Price change in last one year: £29,022
Average Price Paid: £424,000
Average Rent Rates: £693

 

Property Prices Breakdown in Long Rigg, Riding Mill, NE44

Average Price for property in Long Rigg, Riding Mill, NE44 is around £491,484 which varies based on type of property you are interested in and ranges from £504,656 for detached house to around £432,209 for semi-detached. Values have been changing and have risen £1,359 in last 3 months alone. Similar historical trend can be observed in price changes e.g. prices changed £4,842 in last 6 months, £29,022 in last 1 year, £36,183 in last 2 years, £53,355 in last 3 years, £28,182 in last 4 years and £23,624 in last 5 years.

Currently average asking price of a property in Long Rigg, Riding Mill, NE44 is around £541,908 based on approximately 0 properties for sale. Same is the case with rental options based on 1 properties up for rent, average asking rent is around £693 per month.

Estimated property value in Long Rigg, Riding Mill, NE44 is £491,484. Average asking price is £541,908 while average price paid is £332,500 which is up by £53,355 and Avg. asking rent £693.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 Long Rigg, Riding Mill, NE44 area. In last 3 years alone average price buyer paid is around £332,500 based on approximately 2 sales in Long Rigg, Riding Mill, NE44 area alone. If you compare it to last 5 years sales of 5 properties where buyers paid around £424,000. It has been same for some time now for e.g. if you take an average of amount paid in last 7 years, it comes to around £424,000 for 5 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 £324,975, £425,000 for a 3 bedroom house, £347,500 for a 4 bedroom house and £736,667 for a 5 bedroom house. For a flat the prices of 2 bedroom is £98,975. To sum up the asking prices for properties in Long Rigg, Riding Mill, NE44 it comes to around average £211,975 for 2 bedroom property, £425,000 for 3 bedroom, £347,500 for 4 bedroom and £736,667 for 5 bedroom.

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 is £693 for 3 bedroom. You should be generally be expecting around average £693 rent per month for 3 bedroom property in Long Rigg, Riding Mill, NE44 area.

Popular Houses in Long Rigg, Riding Mill, NE44

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 Long Rigg, Riding Mill, NE44