Pendleton Drive, Cramlington, NE23

Street Guide For Pendleton Drive, Cramlington, NE23

 

Pendleton Drive, Cramlington, NE23 Map

Estimated Price: £192,844
Average Asking Price: £159,083
Price change in last one year: £8,497
Average Price Paid: £181,857
Average Rent Rates: £551

 

Property Prices Breakdown in Pendleton Drive, Cramlington, NE23

Average Price for property in Pendleton Drive, Cramlington, NE23 is around £192,844 which varies based on type of property you are interested in and ranges from £220,465 for detached house to around £178,307 for semi-detached. Values have been changing and have risen £1,054 in last 3 months alone. Similar historical trend can be observed in price changes e.g. prices changed £3,589 in last 6 months, £8,497 in last 1 year, £9,691 in last 2 years, £19,273 in last 3 years, £10,028 in last 4 years and £8,590 in last 5 years.

Currently average asking price of a property in Pendleton Drive, Cramlington, NE23 is around £159,083 based on approximately 3 properties for sale. Same is the case with rental options based on 75 properties up for rent, average asking rent is around £551 per month.

Estimated property value in Pendleton Drive, Cramlington, NE23 is £192,844. Average asking price is £159,083 while average price paid is £187,166 which is up by £8,497 and Avg. asking rent £551.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 Pendleton Drive, Cramlington, NE23 area. In last 1 year alone average price buyer paid is around £187,166 based on approximately 3 sales in Pendleton Drive, Cramlington, NE23 area alone. If you compare it to last 3 years sales of 5 properties where buyers paid around £182,100. 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 £181,857 for 7 and average amount paid for purchase of approx. 8 properties sold in last 7 years comes to about £179,125 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 £76,043, £110,722 for a 2 bedroom house, £147,997 for a 3 bedroom house, £226,498 for a 4 bedroom house and £309,207 for a 5 bedroom house. For a flat similarly the prices varies from £58,170 for a single bedroom to £79,096 for a 2 bedroom Flat. Same is the case with 3 bedroom flat £73,967. To sum up the asking prices for properties in Pendleton Drive, Cramlington, NE23 it comes to around average £68,596 for 1 bedroom property, £100,933 for 2 bedroom, £146,583 for 3 bedroom, £226,498 for 4 bedroom and £309,207 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 £411 for 1 bedroom to £474 for 2 bedroom, £560 for 3 bedroom and £702 for 4 bedroom. 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 £429 and £451 for 3 bedroom. You should be generally be expecting around average £401 rent per month for single bedroom property, £444 for 2 bedroom, £552 for 3 bedroom and approximately £702 for 4 bedroom property in Pendleton Drive, Cramlington, NE23 area.

Popular Houses in Pendleton Drive, Cramlington, NE23

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 Pendleton Drive, Cramlington, NE23