Newbrough, Hexham, NE47

Street Guide For Newbrough, Hexham, NE47

 

Newbrough, Hexham, NE47 Map

Estimated Price: £331,576
Average Asking Price: £307,269
Price change in last one year: £21,457
Average Price Paid: £324,625
Average Rent Rates: £756

 

Property Prices Breakdown in Newbrough, Hexham, NE47

Average Price for property in Newbrough, Hexham, NE47 is around £331,576 which varies based on type of property you are interested in and ranges from £354,594 for detached house to around £305,088 for semi-detached. Similarly terraced house is around £228,636. Values have been changing and have risen £893 in last 3 months alone. Similar historical trend can be observed in price changes e.g. prices changed £3,206 in last 6 months, £21,457 in last 1 year, £27,425 in last 2 years, £39,517 in last 3 years, £22,250 in last 4 years and £19,312 in last 5 years.

Currently average asking price of a property in Newbrough, Hexham, NE47 is around £307,269 based on approximately 0 properties for sale. Same is the case with rental options based on 16 properties up for rent, average asking rent is around £756 per month.

Estimated property value in Newbrough, Hexham, NE47 is £331,576. Average asking price is £307,269 while average price paid is £361,166 which is up by £39,517 and Avg. asking rent £756.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 Newbrough, Hexham, NE47 area. In last 3 years alone average price buyer paid is around £361,166 based on approximately 3 sales in Newbrough, Hexham, NE47 area alone. If you compare it to last 5 years sales of 4 properties where buyers paid around £324,625. It has been same for some time now for e.g. if you take an average of amount paid in last 7 years, it comes to around £342,083 for 6 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 £91,500, £161,208 for a 2 bedroom house, £300,017 for a 3 bedroom house, £369,450 for a 4 bedroom house and £580,667 for a 5 bedroom house. For a flat similarly the prices varies from £206,250 for a 2 bedroom to £100,000 for a 3 bedroom Flat. To sum up the asking prices for properties in Newbrough, Hexham, NE47 it comes to around average £91,500 for 1 bedroom property, £164,425 for 2 bedroom, £294,134 for 3 bedroom, £369,450 for 4 bedroom and £580,667 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 £829 for 2 bedroom, £504 for 3 bedroom and £1,200 for 4 bedroom. You should be generally be expecting around average £351 rent per month for single bedroom property, £829 for 2 bedroom, £504 for 3 bedroom and approximately £1,200 for 4 bedroom property in Newbrough, Hexham, NE47 area.

Popular Houses in Newbrough, Hexham, NE47

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 Newbrough, Hexham, NE47