Neil Crescent, Quarrington Hill, Durham, DH6

Street Guide For Neil Crescent, Quarrington Hill, Durham, DH6

 

Neil Crescent, Quarrington Hill, Durham, DH6 Map

Estimated Price: £76,024
Average Asking Price: £118,742
Price change in last one year: £2,327
Average Price Paid: £55,750
Average Rent Rates: £505

 

Property Prices Breakdown in Neil Crescent, Quarrington Hill, Durham, DH6

Average Price for property in Neil Crescent, Quarrington Hill, Durham, DH6 is around £76,024 which varies based on type of property you are interested in and ranges from £85,557 for detached house to around £73,793 for semi-detached. Similarly terraced house is around £75,415. Values have been changing and have risen £156 in last 3 months alone. Similar historical trend can be observed in price changes e.g. prices changed £42 in last 6 months, £2,327 in last 1 year, £4,243 in last 2 years, £4,844 in last 3 years, £2,387 in last 4 years and £3,073 in last 5 years.

Currently average asking price of a property in Neil Crescent, Quarrington Hill, Durham, DH6 is around £118,742 based on approximately 1 properties for sale. Same is the case with rental options based on 113 properties up for rent, average asking rent is around £505 per month.

Estimated property value in Neil Crescent, Quarrington Hill, Durham, DH6 is £76,024. Average asking price is £118,742 while average price paid is £67,500 which is up by £2,327 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 Neil Crescent, Quarrington Hill, Durham, DH6 area. In last 1 year alone average price buyer paid is around £67,500 based on approximately 1 sales in Neil Crescent, Quarrington Hill, Durham, DH6 area alone. If you compare it to last 3 years sales of 1 properties where buyers paid around £67,500. 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 £55,750 for 2 and average amount paid for purchase of approx. 5 properties sold in last 7 years comes to about £65,700 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 £80,936, £110,425 for a 3 bedroom house, £202,463 for a 4 bedroom house and £278,100 for a 5 bedroom house. For a flat similarly the prices varies from £79,983 for a 2 bedroom to £59,983 for a 3 bedroom Flat. To sum up the asking prices for properties in Neil Crescent, Quarrington Hill, Durham, DH6 it comes to around average £80,893 for 2 bedroom property, £109,743 for 3 bedroom, £202,463 for 4 bedroom and £278,100 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 £394 for 1 bedroom to £404 for 2 bedroom, £490 for 3 bedroom and £908 for 4 bedroom. But if you are interested in renting a 1 bedroom flat then rent per month can be around £351. As the no. of bedroom increase so will the rent e.g. for a 2 bedroom flat it will be around £425 and £299 for 3 bedroom. You should be generally be expecting around average £372 rent per month for single bedroom property, £407 for 2 bedroom, £486 for 3 bedroom and approximately £908 for 4 bedroom property in Neil Crescent, Quarrington Hill, Durham, DH6 area.

Popular Houses in Neil Crescent, Quarrington Hill, Durham, DH6

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 Neil Crescent, Quarrington Hill, Durham, DH6