Nelson Terrace, Darlington, DL1

Street Guide For Nelson Terrace, Darlington, DL1

 

Nelson Terrace, Darlington, DL1 Map

Estimated Price: £83,856
Average Asking Price: £132,466
Price change in last one year: £745
Average Price Paid: £92,500
Average Rent Rates: £565

 

Property Prices Breakdown in Nelson Terrace, Darlington, DL1

Average Price for property in Nelson Terrace, Darlington, DL1 is around £83,856 e.g. average price for terraced house is around 83,856. Values have been changing and have risen £630 in last 3 months alone. Similar historical trend can be observed in price changes e.g. prices changed £2,100 in last 6 months, £745 in last 1 year, £6,733 in last 2 years, £5,001 in last 3 years, £2,709 in last 4 years and £945 in last 5 years.

Currently average asking price of a property in Nelson Terrace, Darlington, DL1 is around £132,466 based on approximately 1 properties for sale. Same is the case with rental options based on 121 properties up for rent, average asking rent is around £565 per month.

Estimated property value in Nelson Terrace, Darlington, DL1 is £83,856. Average asking price is £132,466 while average price paid is £85,000 which is up by £745 and Avg. asking rent £565.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 Nelson Terrace, Darlington, DL1 area. In last 1 year alone average price buyer paid is around £85,000 based on approximately 1 sales in Nelson Terrace, Darlington, DL1 area alone. If you compare it to last 3 years sales of 1 properties where buyers paid around £85,000. 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 £92,500 for 2 and average amount paid for purchase of approx. 3 properties sold in last 7 years comes to about £84,166 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 £30,000, £88,465 for a 2 bedroom house, £113,096 for a 3 bedroom house, £226,475 for a 4 bedroom house and £388,333 for a 5 bedroom house. For a flat similarly the prices varies from £67,467 for a single bedroom to £91,365 for a 2 bedroom Flat. To sum up the asking prices for properties in Nelson Terrace, Darlington, DL1 it comes to around average £58,100 for 1 bedroom property, £88,954 for 2 bedroom, £113,096 for 3 bedroom, £226,475 for 4 bedroom and £388,333 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 £351 for 1 bedroom to £415 for 2 bedroom, £492 for 3 bedroom and £666 for 4 bedroom. But if you are interested in renting a 1 bedroom flat then rent per month can be around £367. As the no. of bedroom increase so will the rent e.g. for a 2 bedroom flat it will be around £420. You should be generally be expecting around average £366 rent per month for single bedroom property, £416 for 2 bedroom, £492 for 3 bedroom and approximately £666 for 4 bedroom property in Nelson Terrace, Darlington, DL1 area.

Popular Houses in Nelson Terrace, Darlington, DL1

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 Nelson Terrace, Darlington, DL1