Newton, Stocksfield, NE43

Street Guide For Newton, Stocksfield, NE43

 

Newton, Stocksfield, NE43 Map

Estimated Price: £618,191
Average Asking Price: £407,810
Price change in last one year: £38,763
Average Price Paid: £522,050
Average Rent Rates: £732

 

Property Prices Breakdown in Newton, Stocksfield, NE43

Average Price for property in Newton, Stocksfield, NE43 is around £618,191 which varies based on type of property you are interested in and ranges from £642,783 for detached house to around £425,169 for semi-detached. Similarly terraced house is around £585,387 and a flat is worth £720,605. Values have been changing and have risen £1,346 in last 3 months alone. Similar historical trend can be observed in price changes e.g. prices changed £5,159 in last 6 months, £38,763 in last 1 year, £50,111 in last 2 years, £71,276 in last 3 years, £41,144 in last 4 years and £36,328 in last 5 years.

Currently average asking price of a property in Newton, Stocksfield, NE43 is around £407,810 based on approximately 1 properties for sale. Same is the case with rental options based on 3 properties up for rent, average asking rent is around £732 per month.

Estimated property value in Newton, Stocksfield, NE43 is £618,191. Average asking price is £407,810 while average price paid is £620,000 which is up by £38,763 and Avg. asking rent £732.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 Newton, Stocksfield, NE43 area. In last 1 year alone average price buyer paid is around £620,000 based on approximately 1 sales in Newton, Stocksfield, NE43 area alone. If you compare it to last 3 years sales of 4 properties where buyers paid around £512,500. 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 £522,050 for 10 and average amount paid for purchase of approx. 15 properties sold in last 7 years comes to about £495,533 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 £120,343, £220,750 for a 3 bedroom house, £459,898 for a 4 bedroom house and £725,500 for a 5 bedroom house. For a flat the prices of 2 bedroom is £103,100. To sum up the asking prices for properties in Newton, Stocksfield, NE43 it comes to around average £114,073 for 2 bedroom property, £220,750 for 3 bedroom, £459,898 for 4 bedroom and £725,500 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 is £849 for 3 bedroom. But if you are interested in renting a 2 bedroom flat then rent per month can be around £498. You should be generally be expecting around average £498 rent per month for 2 bedroom property and approximately £850 for 3 bedroom property in Newton, Stocksfield, NE43 area.

Popular Houses in Newton, Stocksfield, NE43

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 Newton, Stocksfield, NE43