Millfield Road, Riding Mill, NE44

Street Guide For Millfield Road, Riding Mill, NE44

 

Millfield Road, Riding Mill, NE44 Map

Estimated Price: £435,813
Average Asking Price: £541,908
Price change in last one year: £26,776
Average Price Paid: £352,377
Average Rent Rates: £693

 

Property Prices Breakdown in Millfield Road, Riding Mill, NE44

Average Price for property in Millfield Road, Riding Mill, NE44 is around £435,813 which varies based on type of property you are interested in and ranges from £422,380 for detached house to around £449,246 for semi-detached. Values have been changing and have risen £1,254 in last 3 months alone. Similar historical trend can be observed in price changes e.g. prices changed £4,467 in last 6 months, £26,776 in last 1 year, £33,384 in last 2 years, £49,226 in last 3 years, £26,000 in last 4 years and £21,793 in last 5 years.

Currently average asking price of a property in Millfield Road, Riding Mill, NE44 is around £541,908 based on approximately 1 properties for sale. Same is the case with rental options based on 1 properties up for rent, average asking rent is around £693 per month.

Estimated property value in Millfield Road, Riding Mill, NE44 is £435,813. Average asking price is £541,908 while average price paid is £366,885 which is up by £26,776 and Avg. asking rent £693.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 Millfield Road, Riding Mill, NE44 area. In last 1 year alone average price buyer paid is around £366,885 based on approximately 1 sales in Millfield Road, Riding Mill, NE44 area alone. If you compare it to last 3 years sales of 2 properties where buyers paid around £383,442. 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 £352,377 for 5 and average amount paid for purchase of approx. 5 properties sold in last 7 years comes to about £352,377 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 £324,975, £425,000 for a 3 bedroom house, £347,500 for a 4 bedroom house and £736,667 for a 5 bedroom house. For a flat the prices of 2 bedroom is £98,975. To sum up the asking prices for properties in Millfield Road, Riding Mill, NE44 it comes to around average £211,975 for 2 bedroom property, £425,000 for 3 bedroom, £347,500 for 4 bedroom and £736,667 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 is £693 for 3 bedroom. You should be generally be expecting around average £693 rent per month for 3 bedroom property in Millfield Road, Riding Mill, NE44 area.

Popular Houses in Millfield Road, Riding Mill, NE44

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 Millfield Road, Riding Mill, NE44