Nine Lands, Houghton Le Spring, DH4

Street Guide For Nine Lands, Houghton Le Spring, DH4

 

Nine Lands, Houghton Le Spring, DH4 Map

Estimated Price: £154,704
Average Asking Price: £170,644
Price change in last one year: £8,513
Average Price Paid: £129,555
Average Rent Rates: £543

 

Property Prices Breakdown in Nine Lands, Houghton Le Spring, DH4

Average Price for property in Nine Lands, Houghton Le Spring, DH4 is around £154,704 which varies based on type of property you are interested in and ranges from £128,813 for detached house to around £165,588 for semi-detached. Similarly terraced house is around £113,917. Values have been changing and have risen £524 in last 3 months alone. Similar historical trend can be observed in price changes e.g. prices changed £2,682 in last 6 months, £8,513 in last 1 year, £9,522 in last 2 years, £10,920 in last 3 years, £6,918 in last 4 years and £6,338 in last 5 years.

Currently average asking price of a property in Nine Lands, Houghton Le Spring, DH4 is around £170,644 based on approximately 2 properties for sale. Same is the case with rental options based on 57 properties up for rent, average asking rent is around £543 per month.

Estimated property value in Nine Lands, Houghton Le Spring, DH4 is £154,704. Average asking price is £170,644 while average price paid is £137,000 which is up by £8,513 and Avg. asking rent £543.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 Nine Lands, Houghton Le Spring, DH4 area. In last 1 year alone average price buyer paid is around £137,000 based on approximately 2 sales in Nine Lands, Houghton Le Spring, DH4 area alone. If you compare it to last 3 years sales of 5 properties where buyers paid around £140,999. 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 £129,555 for 9 and average amount paid for purchase of approx. 9 properties sold in last 7 years comes to about £129,555 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 £92,848, £143,890 for a 3 bedroom house, £244,984 for a 4 bedroom house and £348,272 for a 5 bedroom house. For a flat similarly the prices varies from £42,500 for a single bedroom to £94,137 for a 2 bedroom Flat. Same is the case with 3 bedroom flat £74,950. To sum up the asking prices for properties in Nine Lands, Houghton Le Spring, DH4 it comes to around average £42,500 for 1 bedroom property, £93,096 for 2 bedroom, £143,214 for 3 bedroom, £244,984 for 4 bedroom and £348,272 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 £455 for 1 bedroom to £454 for 2 bedrooms, £566 for 3 bedrooms, £874 for 4 bedrooms and £849 for 5 bedrooms house. 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 £436 and £451 for 3 bedroom. You should be generally be expecting around average £403 rent per month for single bedroom property, £448 for 2 bedroom, £555 for 3 bedroom, £874 for 4 bedroom and approximately £849 for a 5 bedroom property in Nine Lands, Houghton Le Spring, DH4 area.

Popular Houses in Nine Lands, Houghton Le Spring, DH4

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 Nine Lands, Houghton Le Spring, DH4