Maple Grove, West Cornforth, Ferryhill, DL17

Street Guide For Maple Grove, West Cornforth, Ferryhill, DL17

 

Maple Grove, West Cornforth, Ferryhill, DL17 Map

Estimated Price: £60,366
Average Asking Price: £123,546
Price change in last one year: £943
Average Price Paid: £59,250
Average Rent Rates: £376

 

Property Prices Breakdown in Maple Grove, West Cornforth, Ferryhill, DL17

Average Price for property in Maple Grove, West Cornforth, Ferryhill, DL17 is around £60,366 which varies based on type of property you are interested in and ranges from £52,215 for detached house to around £76,669 for semi-detached. Values have been changing and have risen £515 in last 3 months alone. Similar historical trend can be observed in price changes e.g. prices changed £1,545 in last 6 months, £943 in last 1 year, £3,161 in last 2 years, £1,726 in last 3 years, £319 in last 4 years and £1,325 in last 5 years.

Currently average asking price of a property in Maple Grove, West Cornforth, Ferryhill, DL17 is around £123,546 based on approximately 2 properties for sale. Same is the case with rental options based on 93 properties up for rent, average asking rent is around £376 per month.

Estimated property value in Maple Grove, West Cornforth, Ferryhill, DL17 is £60,366. Average asking price is £123,546 while average price paid is £59,250 which is up by £943 and Avg. asking rent £376.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 Maple Grove, West Cornforth, Ferryhill, DL17 area. In last 1 year alone average price buyer paid is around £59,250 based on approximately 2 sales in Maple Grove, West Cornforth, Ferryhill, DL17 area alone. If you compare it to last 3 years sales of 2 properties where buyers paid around £59,250. 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 £59,250 for 2 and average amount paid for purchase of approx. 2 properties sold in last 7 years comes to about £59,250 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 £164,975, £63,160 for a 2 bedroom house, £106,849 for a 3 bedroom house, £256,334 for a 4 bedroom house and £242,475 for a 5 bedroom house. For a flat the prices of 2 bedroom is £46,663. To sum up the asking prices for properties in Maple Grove, West Cornforth, Ferryhill, DL17 it comes to around average £164,975 for 1 bedroom property, £62,335 for 2 bedroom, £106,849 for 3 bedroom, £256,334 for 4 bedroom and £242,475 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 £360 for 2 bedroom to £376 for 3 bedroom and £598 for 4 bedroom. But if you are interested in renting a 1 bedroom flat then rent per month can be around £342. As the no. of bedroom increase so will the rent e.g. for a 2 bedroom flat it will be around £342. You should be generally be expecting around average £342 rent per month for single bedroom property, £359 for 2 bedroom, £376 for 3 bedroom and approximately £598 for 4 bedroom property in Maple Grove, West Cornforth, Ferryhill, DL17 area.

Popular Houses in Maple Grove, West Cornforth, Ferryhill, DL17

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 Maple Grove, West Cornforth, Ferryhill, DL17