Cornhill-on-Tweed

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Area Guide For Cornhill-on-Tweed

 

Cornhill-on-Tweed is a town and civil Parish in Northumberland, in north east of England around 1 mile to the east of Coldstream. To the south and west of the town are the villages of West Learmouth and East Learmouth. The town of Cornhill lies on the Scottish outskirt, pretty nearly 1 and Quarter miles from Coldstream, along these lines is on the northerly edge of Northumberland. It was in antiquated times known as Cornell. The parish carries the same name and consolidates Old and New Heaton and Tillmouth. The stream Tweed runs eastward around a mile from the town, where there is an eighteenth century span with a compass of five curves over the waterway. Horticulture has influence here, with a rich soil those backings different harvests, for example, turnips, beans, and a mixture of grains.

 
 

Cornhill-on-Tweed Map

Estimated Price: £220,151
Average Asking Price: £223,877
Price change in last one year: £3,818
Average Price Paid: £172,384
Average Rent Rates: £499

 
 

Property Prices Breakdown in Cornhill-on-Tweed

Average Price for property in Cornhill-on-Tweed is around £220,151 which varies based on type of property you are interested in and ranges from £277,396 for detached house to around £160,065 for semi-detached. Similarly terraced house is around £143,013 and a flat is worth £117,270. Values have been changing and have risen £114 in last 3 months alone. Similar historical trend can be observed in price changes e.g. prices changed £2,322 in last 6 months, £3,818 in last 1 year, £19,995 in last 2 years, £20,553 in last 3 years, £25,509 in last 4 years and £22,635 in last 5 years.

Currently average asking price of a property in Cornhill-on-Tweed is around £223,877 based on approximately 8 properties for sale. Same is the case with rental options based on 4 properties up for rent, average asking rent is around £499 per month.

Estimated property value in Cornhill-on-Tweed is £220,151. Average asking price is £223,877 while average price paid is £177,078 which is up by £3,818 and Avg. asking rent £499.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 Cornhill-on-Tweed area. In last 1 year alone average price buyer paid is around £177,078 based on approximately 8 sales in Cornhill-on-Tweed area alone. If you compare it to last 3 years sales of 30 properties where buyers paid around £175,521. 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 £172,384 for 49 and average amount paid for purchase of approx. 74 properties sold in last 7 years comes to about £177,301 per sale.

 
 

Properties For Sale in Cornhill-on-Tweed

 
 

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 £123,612, £197,200 for a 3 bedroom house, £325,825 for a 4 bedroom house and £585,000 for a 5 bedroom house. To sum up the asking prices for properties in Cornhill-on-Tweed it comes to around average £123,612 for 2 bedroom property, £197,200 for 3 bedroom, £325,825 for 4 bedroom and £585,000 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 can vary from £451 for 2 bedroom to £516 for 3 bedroom. You should be generally be expecting around average £451 rent per month for 2 bedroom property and approximately £516 for 3 bedroom property in Cornhill-on-Tweed area.

Popular Houses in Cornhill-on-Tweed

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.

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