Mill Hill, Houghton Le Spring, DH5

Street Guide For Mill Hill, Houghton Le Spring, DH5

 

Mill Hill, Houghton Le Spring, DH5 Map

Estimated Price: £197,240
Average Asking Price: £142,535
Price change in last one year: £11,289
Average Price Paid: £169,250
Average Rent Rates: £505

 

Property Prices Breakdown in Mill Hill, Houghton Le Spring, DH5

Average Price for property in Mill Hill, Houghton Le Spring, DH5 is around £197,240 which varies based on type of property you are interested in and ranges from £222,990 for detached house to around £145,739 for semi-detached. Values have been changing and have risen £1,416 in last 3 months alone. Similar historical trend can be observed in price changes e.g. prices changed £4,854 in last 6 months, £11,289 in last 1 year, £15,690 in last 2 years, £18,362 in last 3 years, £12,469 in last 4 years and £10,620 in last 5 years.

Currently average asking price of a property in Mill Hill, Houghton Le Spring, DH5 is around £142,535 based on approximately 0 properties for sale. Same is the case with rental options based on 45 properties up for rent, average asking rent is around £505 per month.

Estimated property value in Mill Hill, Houghton Le Spring, DH5 is £197,240. Average asking price is £142,535 while average price paid is £138,500 which is up by £18,362 and Avg. asking rent £505.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 Mill Hill, Houghton Le Spring, DH5 area. In last 3 years alone average price buyer paid is around £138,500 based on approximately 1 sales in Mill Hill, Houghton Le Spring, DH5 area alone. If you compare it to last 5 years sales of 2 properties where buyers paid around £169,250. 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 £208,375 for 4 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 £43,725, £93,326 for a 2 bedroom house, £128,661 for a 3 bedroom house, £218,981 for a 4 bedroom house and £348,667 for a 5 bedroom house. For a flat similarly the prices varies from £40,000 for a single bedroom to £78,983 for a 2 bedroom Flat. To sum up the asking prices for properties in Mill Hill, Houghton Le Spring, DH5 it comes to around average £42,483 for 1 bedroom property, £92,684 for 2 bedroom, £128,661 for 3 bedroom, £218,981 for 4 bedroom and £348,667 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 £386 for 1 bedroom to £412 for 2 bedroom, £663 for 3 bedroom and £702 for 4 bedroom. But if you are interested in renting a 1 bedroom flat then rent per month can be around £383. As the no. of bedroom increase so will the rent e.g. for a 2 bedroom flat it will be around £420 and £550 for 3 bedroom. You should be generally be expecting around average £384 rent per month for single bedroom property, £414 for 2 bedroom, £654 for 3 bedroom and approximately £702 for 4 bedroom property in Mill Hill, Houghton Le Spring, DH5 area.

Popular Houses in Mill Hill, Houghton Le Spring, DH5

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 Mill Hill, Houghton Le Spring, DH5