Park Road North, Middlesbrough, TS1

Street Guide For Park Road North, Middlesbrough, TS1

 

Park Road North, Middlesbrough, TS1 Map

Estimated Price: £125,757
Average Asking Price: £73,469
Price change in last one year: £3,519
Average Price Paid: £71,583
Average Rent Rates: £607

 

Property Prices Breakdown in Park Road North, Middlesbrough, TS1

Average Price for property in Park Road North, Middlesbrough, TS1 is around £125,757 which varies based on type of property you are interested in and ranges from £141,421 for detached house to around £154,183 for semi-detached. Similarly terraced house is around £174,357 and a flat is worth £115,479. Values have been changing and have risen £187 in last 3 months alone. Similar historical trend can be observed in price changes e.g. prices changed £1,000 in last 6 months, £3,519 in last 1 year, £6,034 in last 2 years, £1,824 in last 3 years, £4,431 in last 4 years and £3,698 in last 5 years.

Currently average asking price of a property in Park Road North, Middlesbrough, TS1 is around £73,469 based on approximately 3 properties for sale. Same is the case with rental options based on 174 properties up for rent, average asking rent is around £607 per month.

Estimated property value in Park Road North, Middlesbrough, TS1 is £125,757. Average asking price is £73,469 while average price paid is £68,166 which is up by £3,519 and Avg. asking rent £607.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 Park Road North, Middlesbrough, TS1 area. In last 1 year alone average price buyer paid is around £68,166 based on approximately 3 sales in Park Road North, Middlesbrough, TS1 area alone. If you compare it to last 3 years sales of 6 properties where buyers paid around £71,583. 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 £71,583 for 6 and average amount paid for purchase of approx. 17 properties sold in last 7 years comes to about £105,558 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 £57,943, £67,259 for a 3 bedroom house, £120,825 for a 4 bedroom house and £107,500 for a 5 bedroom house. For a flat similarly the prices varies from £59,950 for a single bedroom to £92,490 for a 2 bedroom Flat. To sum up the asking prices for properties in Park Road North, Middlesbrough, TS1 it comes to around average £59,950 for 1 bedroom property, £60,973 for 2 bedroom, £67,259 for 3 bedroom, £120,825 for 4 bedroom and £107,500 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 £306 for 1 bedroom to £376 for 2 bedrooms, £364 for 3 bedrooms, £422 for 4 bedrooms and £317 for 5 bedrooms house. But if you are interested in renting a 1 bedroom flat then rent per month can be around £395. As the no. of bedroom increase so will the rent e.g. for a 2 bedroom flat it will be around £403. You should be generally be expecting around average £343 rent per month for single bedroom property, £377 for 2 bedroom, £364 for 3 bedroom, £422 for 4 bedroom and approximately £317 for a 5 bedroom property in Park Road North, Middlesbrough, TS1 area.

Popular Houses in Park Road North, Middlesbrough, TS1

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 Park Road North, Middlesbrough, TS1