Lyncroft, Ashington, NE63

Street Guide For Lyncroft, Ashington, NE63

 

Lyncroft, Ashington, NE63 Map

Estimated Price: £75,402
Average Asking Price: £134,651
Price change in last one year: £3,970
Average Price Paid: £61,000
Average Rent Rates: £452

 

Property Prices Breakdown in Lyncroft, Ashington, NE63

Average Price for property in Lyncroft, Ashington, NE63 is around £75,402 which varies based on type of property you are interested in and ranges from £88,783 for semi-detached to around £72,056 for terraced house. Values have been changing and have risen £195 in last 3 months alone. Similar historical trend can be observed in price changes e.g. prices changed £757 in last 6 months, £3,970 in last 1 year, £5,413 in last 2 years, £8,211 in last 3 years, £3,275 in last 4 years and £3,534 in last 5 years.

Currently average asking price of a property in Lyncroft, Ashington, NE63 is around £134,651 based on approximately 1 properties for sale. Same is the case with rental options based on 162 properties up for rent, average asking rent is around £452 per month.

Estimated property value in Lyncroft, Ashington, NE63 is £75,402. Average asking price is £134,651 while average price paid is £70,000 which is up by £3,970 and Avg. asking rent £452.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 Lyncroft, Ashington, NE63 area. In last 1 year alone average price buyer paid is around £70,000 based on approximately 1 sales in Lyncroft, Ashington, NE63 area alone. If you compare it to last 3 years sales of 2 properties where buyers paid around £61,000. 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 £61,000 for 2 and average amount paid for purchase of approx. 3 properties sold in last 7 years comes to about £70,666 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 £70,272, £114,083 for a 3 bedroom house, £197,763 for a 4 bedroom house and £290,680 for a 5 bedroom house. For a flat similarly the prices varies from £46,617 for a single bedroom to £67,998 for a 2 bedroom Flat. Same is the case with 3 bedroom flat £44,967. To sum up the asking prices for properties in Lyncroft, Ashington, NE63 it comes to around average £46,617 for 1 bedroom property, £69,629 for 2 bedroom, £112,591 for 3 bedroom, £197,763 for 4 bedroom and £290,680 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 £251 for 1 bedroom to £401 for 2 bedroom, £467 for 3 bedroom and £750 for 4 bedroom. But if you are interested in renting a 1 bedroom flat then rent per month can be around £297. As the no. of bedroom increase so will the rent e.g. for a 2 bedroom flat it will be around £365 and £368 for 3 bedroom. You should be generally be expecting around average £291 rent per month for single bedroom property, £388 for 2 bedroom, £458 for 3 bedroom and approximately £750 for 4 bedroom property in Lyncroft, Ashington, NE63 area.

Popular Houses in Lyncroft, Ashington, NE63

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 Lyncroft, Ashington, NE63