Otterburn Way, Billingham, TS23

Street Guide For Otterburn Way, Billingham, TS23

 

Otterburn Way, Billingham, TS23 Map

Estimated Price: £71,334
Average Asking Price: £113,411
Price change in last one year: £1,445
Average Price Paid: £67,300
Average Rent Rates: £608

 

Property Prices Breakdown in Otterburn Way, Billingham, TS23

Average Price for property in Otterburn Way, Billingham, TS23 is around £71,334 which varies based on type of property you are interested in and ranges from £58,298 for semi-detached to around £73,196 for terraced house. Values have been changing and have risen £526 in last 3 months alone. Similar historical trend can be observed in price changes e.g. prices changed £348 in last 6 months, £1,445 in last 1 year, £3,932 in last 2 years, £2,573 in last 3 years, £3,114 in last 4 years and £2,280 in last 5 years.

Currently average asking price of a property in Otterburn Way, Billingham, TS23 is around £113,411 based on approximately 0 properties for sale. Same is the case with rental options based on 18 properties up for rent, average asking rent is around £608 per month.

Estimated property value in Otterburn Way, Billingham, TS23 is £71,334. Average asking price is £113,411 while average price paid is £67,300 which is up by £2,280 and Avg. asking rent £608.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 Otterburn Way, Billingham, TS23 area. In last 5 years alone average price buyer paid is around £67,300 based on approximately 2 sales in Otterburn Way, Billingham, TS23 area alone. If you compare it to last 7 years sales of 5 properties where buyers paid around £69,970.

 
 

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 £115,000, £105,869 for a 2 bedroom house, £103,502 for a 3 bedroom house, £188,493 for a 4 bedroom house and £220,000 for a 5 bedroom house. For a flat similarly the prices varies from £69,995 for a single bedroom to £77,472 for a 2 bedroom Flat. To sum up the asking prices for properties in Otterburn Way, Billingham, TS23 it comes to around average £103,749 for 1 bedroom property, £103,502 for 2 bedroom, £103,502 for 3 bedroom, £188,493 for 4 bedroom and £220,000 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 £521 for 2 bedroom to £493 for 3 bedroom. But if you are interested in renting a 1 bedroom flat then rent per month can be around £299. You should be generally be expecting around average £299 rent per month for single bedroom property, £521 for 2 bedroom and approximately £493 for 3 bedroom property in Otterburn Way, Billingham, TS23 area.

Popular Houses in Otterburn Way, Billingham, TS23

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 Otterburn Way, Billingham, TS23