Newnham Terrace, Harrogate, HG2

Street Guide For Newnham Terrace, Harrogate, HG2

 
 

Newnham Terrace, Harrogate, HG2 Map

Estimated Price: £208,917
Average Asking Price: £383,069
Price change in last one year: £14,952
Average Price Paid: £179,999
Average Rent Rates: £1,173

Alexander Gibson Estate Agents
5 Raglan Street, Harrogate, North Yorkshire HG1 1L

Free House valuation

 

Property Prices Breakdown in Newnham Terrace, Harrogate, HG2

Average Price for property in Newnham Terrace, Harrogate, HG2 is around £208,917 which varies based on type of property you are interested in and ranges from £211,257 for terraced house to around £162,092 for a flat. Values have been changing and have risen £1,499 in last 3 months alone. Similar historical trend can be observed in price changes e.g. prices changed £3,881 in last 6 months, £14,952 in last 1 year, £21,631 in last 2 years, £22,216 in last 3 years, £23,782 in last 4 years and £20,554 in last 5 years.

Currently average asking price of a property in Newnham Terrace, Harrogate, HG2 is around £383,069 based on approximately 2 properties for sale. Same is the case with rental options based on 97 properties up for rent, average asking rent is around £1,173 per month.

Estimated property value in Newnham Terrace, Harrogate, HG2 is £208,917. Average asking price is £383,069 while average price paid is £196,500 which is up by £14,952 and Avg. asking rent £1,173.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 Newnham Terrace, Harrogate, HG2 area. In last 1 year alone average price buyer paid is around £196,500 based on approximately 2 sales in Newnham Terrace, Harrogate, HG2 area alone. If you compare it to last 3 years sales of 4 properties where buyers paid around £179,750. 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 £179,999 for 7 and average amount paid for purchase of approx. 8 properties sold in last 7 years comes to about £174,374 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 £65,667, £174,590 for a 2 bedroom house, £280,169 for a 3 bedroom house, £466,585 for a 4 bedroom house and £841,359 for a 5 bedroom house. For a flat similarly the prices varies from £117,074 for a single bedroom to £226,457 for a 2 bedroom Flat. Same is the case with 3 bedroom flat £342,647. To sum up the asking prices for properties in Newnham Terrace, Harrogate, HG2 it comes to around average £109,362 for 1 bedroom property, £214,931 for 2 bedroom, £302,482 for 3 bedroom, £466,585 for 4 bedroom and £841,359 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 £550 for 1 bedroom to £952 for 2 bedrooms, £930 for 3 bedrooms, £1,493 for 4 bedrooms and £2,160 for 5 bedrooms house. But if you are interested in renting a 1 bedroom flat then rent per month can be around £566. As the no. of bedroom increase so will the rent e.g. for a 2 bedroom flat it will be around £906 and £1,515 for 3 bedroom. You should be generally be expecting around average £564 rent per month for single bedroom property, £918 for 2 bedroom, £1,146 for 3 bedroom, £1,493 for 4 bedroom and approximately £2,160 for a 5 bedroom property in Newnham Terrace, Harrogate, HG2 area.

Popular Houses in Newnham Terrace, Harrogate, HG2

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 Newnham Terrace, Harrogate, HG2