North Ridge, Bedlington, NE22

Street Guide For North Ridge, Bedlington, NE22

 

North Ridge, Bedlington, NE22 Map

Estimated Price: £107,609
Average Asking Price: £156,811
Price change in last one year: £5,473
Average Price Paid: £91,155
Average Rent Rates: £464

 

Property Prices Breakdown in North Ridge, Bedlington, NE22

Average Price for property in North Ridge, Bedlington, NE22 is around £107,609 which varies based on type of property you are interested in and ranges from £184,831 for detached house to around £102,526 for semi-detached. Similarly terraced house is around £111,077 and a flat is worth £75,685. Values have been changing and have risen £560 in last 3 months alone. Similar historical trend can be observed in price changes e.g. prices changed £1,890 in last 6 months, £5,473 in last 1 year, £8,185 in last 2 years, £12,323 in last 3 years, £5,689 in last 4 years and £4,327 in last 5 years.

Currently average asking price of a property in North Ridge, Bedlington, NE22 is around £156,811 based on approximately 1 properties for sale. Same is the case with rental options based on 42 properties up for rent, average asking rent is around £464 per month.

Estimated property value in North Ridge, Bedlington, NE22 is £107,609. Average asking price is £156,811 while average price paid is £62,000 which is up by £5,473 and Avg. asking rent £464.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 North Ridge, Bedlington, NE22 area. In last 1 year alone average price buyer paid is around £62,000 based on approximately 1 sales in North Ridge, Bedlington, NE22 area alone. If you compare it to last 3 years sales of 3 properties where buyers paid around £80,333. 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 £91,155 for 9 and average amount paid for purchase of approx. 11 properties sold in last 7 years comes to about £88,218 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 £80,000, £100,555 for a 2 bedroom house, £139,139 for a 3 bedroom house, £238,444 for a 4 bedroom house and £354,967 for a 5 bedroom house. For a flat similarly the prices varies from £56,300 for a single bedroom to £111,999 for a 2 bedroom Flat. Same is the case with 3 bedroom flat £85,467. To sum up the asking prices for properties in North Ridge, Bedlington, NE22 it comes to around average £62,225 for 1 bedroom property, £106,604 for 2 bedroom, £135,600 for 3 bedroom, £238,444 for 4 bedroom and £354,967 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 £433 for 2 bedroom to £593 for 3 bedroom and £849 for 4 bedroom. But if you are interested in renting a 1 bedroom flat then rent per month can be around £325. As the no. of bedroom increase so will the rent e.g. for a 2 bedroom flat it will be around £403 and £399 for 3 bedroom. You should be generally be expecting around average £325 rent per month for single bedroom property, £409 for 2 bedroom, £544 for 3 bedroom and approximately £849 for 4 bedroom property in North Ridge, Bedlington, NE22 area.

Popular Houses in North Ridge, Bedlington, NE22

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 North Ridge, Bedlington, NE22