Nursery Lane, Belford, NE70

Street Guide For Nursery Lane, Belford, NE70

 

Nursery Lane, Belford, NE70 Map

Estimated Price: £167,471
Average Asking Price: £214,068
Price change in last one year: £10,265
Average Price Paid: £175,000
Average Rent Rates: £491

 

Property Prices Breakdown in Nursery Lane, Belford, NE70

Average Price for property in Nursery Lane, Belford, NE70 is around £167,471 which varies based on type of property you are interested in and ranges from £156,587 for semi-detached to around £189,239 for terraced house. Values have been changing and have risen £281 in last 3 months alone. Similar historical trend can be observed in price changes e.g. prices changed £1,226 in last 6 months, £10,265 in last 1 year, £13,075 in last 2 years, £18,785 in last 3 years, £10,958 in last 4 years and £9,460 in last 5 years.

Currently average asking price of a property in Nursery Lane, Belford, NE70 is around £214,068 based on approximately 1 properties for sale. Same is the case with rental options based on 5 properties up for rent, average asking rent is around £491 per month.

Estimated property value in Nursery Lane, Belford, NE70 is £167,471. Average asking price is £214,068 while average price paid is £175,000 which is up by £10,265 and Avg. asking rent £491.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 Nursery Lane, Belford, NE70 area. In last 1 year alone average price buyer paid is around £175,000 based on approximately 1 sales in Nursery Lane, Belford, NE70 area alone. If you compare it to last 3 years sales of 1 properties where buyers paid around £175,000. 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 £175,000 for 1 and average amount paid for purchase of approx. 2 properties sold in last 7 years comes to about £140,000 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 £137,993, £216,754 for a 3 bedroom house and £453,960 for a 4 bedroom house. For a flat similarly the prices varies from £103,333 for a single bedroom to £84,950 for a 2 bedroom Flat. Same is the case with 3 bedroom flat £188,315. To sum up the asking prices for properties in Nursery Lane, Belford, NE70 it comes to around average £103,333 for 1 bedroom property, £132,099 for 2 bedroom, £211,422 for 3 bedroom and £453,960 for 4 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 £469 for 2 bedroom. But if you are interested in renting a 3 bedroom flat then rent per month can be around £581. You should be generally be expecting around average £469 rent per month for 2 bedroom property and approximately £581 for 3 bedroom property in Nursery Lane, Belford, NE70 area.

Popular Houses in Nursery Lane, Belford, NE70

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 Nursery Lane, Belford, NE70