Meadowbank Drive, Choppington, NE62

Street Guide For Meadowbank Drive, Choppington, NE62

 

Meadowbank Drive, Choppington, NE62 Map

Estimated Price: £155,230
Average Asking Price: £134,362
Price change in last one year: £9,804
Average Price Paid: £134,368
Average Rent Rates: £501

 

Property Prices Breakdown in Meadowbank Drive, Choppington, NE62

Average Price for property in Meadowbank Drive, Choppington, NE62 is around £155,230 which varies based on type of property you are interested in and ranges from £178,872 for detached house to around £125,913 for semi-detached. Similarly terraced house is around £93,766. Values have been changing and have risen £300 in last 3 months alone. Similar historical trend can be observed in price changes e.g. prices changed £750 in last 6 months, £9,804 in last 1 year, £12,786 in last 2 years, £16,485 in last 3 years, £9,720 in last 4 years and £9,227 in last 5 years.

Currently average asking price of a property in Meadowbank Drive, Choppington, NE62 is around £134,362 based on approximately 1 properties for sale. Same is the case with rental options based on 27 properties up for rent, average asking rent is around £501 per month.

Estimated property value in Meadowbank Drive, Choppington, NE62 is £155,230. Average asking price is £134,362 while average price paid is £124,999 which is up by £9,804 and Avg. asking rent £501.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 Meadowbank Drive, Choppington, NE62 area. In last 1 year alone average price buyer paid is around £124,999 based on approximately 1 sales in Meadowbank Drive, Choppington, NE62 area alone. If you compare it to last 3 years sales of 3 properties where buyers paid around £126,649. 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 £134,368 for 8 and average amount paid for purchase of approx. 11 properties sold in last 7 years comes to about £133,995 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 £103,313, £105,051 for a 3 bedroom house, £169,966 for a 4 bedroom house and £414,990 for a 5 bedroom house. For a flat similarly the prices varies from £48,967 for a single bedroom to £49,950 for a 2 bedroom Flat. To sum up the asking prices for properties in Meadowbank Drive, Choppington, NE62 it comes to around average £48,967 for 1 bedroom property, £98,866 for 2 bedroom, £105,051 for 3 bedroom, £169,966 for 4 bedroom and £414,990 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 £426 for 2 bedroom to £501 for 3 bedroom and £830 for 4 bedroom. But if you are interested in renting a 1 bedroom flat then rent per month can be around £324. As the no. of bedroom increase so will the rent e.g. for a 2 bedroom flat it will be around £347. You should be generally be expecting around average £324 rent per month for single bedroom property, £406 for 2 bedroom, £500 for 3 bedroom and approximately £830 for 4 bedroom property in Meadowbank Drive, Choppington, NE62 area.

Popular Houses in Meadowbank Drive, Choppington, NE62

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 Meadowbank Drive, Choppington, NE62