Murton Grove, Billingham, TS22

Street Guide For Murton Grove, Billingham, TS22

 

Murton Grove, Billingham, TS22 Map

Estimated Price: £150,348
Average Asking Price: £400,470
Price change in last one year: £3,690
Average Price Paid: £139,500
Average Rent Rates: £1,093

 

Property Prices Breakdown in Murton Grove, Billingham, TS22

Average Price for property in Murton Grove, Billingham, TS22 is around £150,348 which varies based on type of property you are interested in and ranges from £196,473 for detached house to around £150,348 for semi-detached. Values have been changing and have risen £1,171 in last 3 months alone. Similar historical trend can be observed in price changes e.g. prices changed £1,341 in last 6 months, £3,690 in last 1 year, £9,967 in last 2 years, £7,847 in last 3 years, £8,146 in last 4 years and £6,262 in last 5 years.

Currently average asking price of a property in Murton Grove, Billingham, TS22 is around £400,470 based on approximately 3 properties for sale. Same is the case with rental options based on 14 properties up for rent, average asking rent is around £1,093 per month.

Estimated property value in Murton Grove, Billingham, TS22 is £150,348. Average asking price is £400,470 while average price paid is £141,333 which is up by £3,690 and Avg. asking rent £1,093.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 Murton Grove, Billingham, TS22 area. In last 1 year alone average price buyer paid is around £141,333 based on approximately 3 sales in Murton Grove, Billingham, TS22 area alone. If you compare it to last 3 years sales of 4 properties where buyers paid around £139,500. 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 £139,500 for 4 and average amount paid for purchase of approx. 5 properties sold in last 7 years comes to about £127,600 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 £146,225, £193,725 for a 3 bedroom house, £322,288 for a 4 bedroom house and £982,850 for a 5 bedroom house. To sum up the asking prices for properties in Murton Grove, Billingham, TS22 it comes to around average £146,225 for 2 bedroom property, £193,725 for 3 bedroom, £322,288 for 4 bedroom and £982,850 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 £1,101 for 4 bedroom to £1,794 for 5 bedroom. But if you are interested in renting a 2 bedroom flat then rent per month can be around £874. You should be generally be expecting around average £874 rent per month for 2 bedroom property, £1,100 for 4 bedroom and approximately £1,794 for 5 bedroom property in Murton Grove, Billingham, TS22 area.

Popular Houses in Murton Grove, Billingham, TS22

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 Murton Grove, Billingham, TS22