Barnard Castle

Area Guide For Barnard Castle

Barnard Castle is a market/business town in Teesdale, County Durham, England. It is named after the château around which it grew up. It is the fundamental settlement in the Teesdale zone, and is a mainstream traveler destination. The Bowes Museum has the best gathering of European fine and beautiful expressions in the North of England, housed in an "eminent" nineteenth century French-style estate. Its most acclaimed show is the eighteenth century Silver Swan robot, however workmanship incorporates work by Goya and El Greco.

Barnard Castle sits on the north bank of the River Tees, inverse Startforth and 21 miles south-west of the area town of Durham. Close-by towns incorporate Bishop Auckland to the north-east, Darlington to the east and Richmond in North Yorkshire to the south-east.

 
 

Barnard Castle Map

Estimated Price: £202,858
Average Asking Price: £260,471
Price change in last one year: £13,537
Average Price Paid: £180,198
Average Rent Rates: £668

 
 

Property Prices Breakdown in Barnard Castle

Average Price for property in Barnard Castle is around £202,858 which varies based on type of property you are interested in and ranges from £301,887 for detached house to around £177,629 for semi-detached. Similarly terraced house is around £157,698 and a flat is worth £115,095. Values have been changing and have risen £2,936 in last 3 months alone. Similar historical trend can be observed in price changes e.g. prices changed £6,523 in last 6 months, £13,537 in last 1 year, £25,455 in last 2 years, £14,605 in last 3 years, £9,937 in last 4 years and £20,234 in last 5 years.

Currently average asking price of a property in Barnard Castle is around £260,471 based on approximately 151 properties for sale. Same is the case with rental options based on 18 properties up for rent, average asking rent is around £668 per month.

Estimated property value in Barnard Castle is £202,858. Average asking price is £260,471 while average price paid is £197,736 which is up by £13,537 and Avg. asking rent £668.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 Barnard Castle area. In last 1 year alone average price buyer paid is around £197,736 based on approximately 151 sales in Barnard Castle area alone. If you compare it to last 3 years sales of 424 properties where buyers paid around £180,760. 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 £180,198 for 673 and average amount paid for purchase of approx. 884 properties sold in last 7 years comes to about £181,715 per sale.

 
 

Properties For Sale in Barnard Castle

 
 

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 £77,475, £113,279 for a 2 bedroom house, £210,164 for a 3 bedroom house, £347,071 for a 4 bedroom house and £473,714 for a 5 bedroom house. For a flat similarly the prices varies from £98,750 for a single bedroom to £102,488 for a 2 bedroom Flat. Same is the case with 3 bedroom flat £184,500. To sum up the asking prices for properties in Barnard Castle it comes to around average £84,567 for 1 bedroom property, £111,007 for 2 bedroom, £208,609 for 3 bedroom, £347,071 for 4 bedroom and £473,714 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 £463 for 2 bedroom to £562 for 3 bedroom. But if you are interested in renting a 2 bedroom flat then rent per month can be around £455. You should be generally be expecting around average £462 rent per month for 2 bedroom property and approximately £562 for 3 bedroom property in Barnard Castle area.

Popular Houses in Barnard Castle

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.

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