Redesdale Road, Chester Le Street, DH2

Street Guide For Redesdale Road, Chester Le Street, DH2

 

Redesdale Road, Chester Le Street, DH2 Map

Estimated Price: £96,778
Average Asking Price: £135,957
Price change in last one year: £3,693
Average Price Paid: £96,126
Average Rent Rates: £457

 

Property Prices Breakdown in Redesdale Road, Chester Le Street, DH2

Average Price for property in Redesdale Road, Chester Le Street, DH2 is around £96,778 which varies based on type of property you are interested in and ranges from £244,702 for detached house to around £98,988 for semi-detached. Similarly terraced house is around £95,244 and a flat is worth £80,116. Values have been changing and have risen £178 in last 3 months alone. Similar historical trend can be observed in price changes e.g. prices changed £1,341 in last 6 months, £3,693 in last 1 year, £5,760 in last 2 years, £6,840 in last 3 years, £4,058 in last 4 years and £3,353 in last 5 years.

Currently average asking price of a property in Redesdale Road, Chester Le Street, DH2 is around £135,957 based on approximately 3 properties for sale. Same is the case with rental options based on 38 properties up for rent, average asking rent is around £457 per month.

Estimated property value in Redesdale Road, Chester Le Street, DH2 is £96,778. Average asking price is £135,957 while average price paid is £122,166 which is up by £3,693 and Avg. asking rent £457.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 Redesdale Road, Chester Le Street, DH2 area. In last 1 year alone average price buyer paid is around £122,166 based on approximately 3 sales in Redesdale Road, Chester Le Street, DH2 area alone. If you compare it to last 3 years sales of 8 properties where buyers paid around £93,831. 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 £96,126 for 13 and average amount paid for purchase of approx. 16 properties sold in last 7 years comes to about £95,102 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 £86,950, £82,670 for a 2 bedroom house, £124,089 for a 3 bedroom house, £227,335 for a 4 bedroom house and £416,970 for a 5 bedroom house. For a flat similarly the prices varies from £54,983 for a single bedroom to £68,322 for a 2 bedroom Flat. To sum up the asking prices for properties in Redesdale Road, Chester Le Street, DH2 it comes to around average £62,975 for 1 bedroom property, £80,088 for 2 bedroom, £124,089 for 3 bedroom, £227,335 for 4 bedroom and £416,970 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 £269 for 1 bedroom to £444 for 2 bedroom, £485 for 3 bedroom and £1,300 for 4 bedroom. But if you are interested in renting a 1 bedroom flat then rent per month can be around £377. As the no. of bedroom increase so will the rent e.g. for a 3 bedroom flat it will be around £598. You should be generally be expecting around average £296 rent per month for single bedroom property, £444 for 2 bedroom, £493 for 3 bedroom and approximately £1,300 for 4 bedroom property in Redesdale Road, Chester Le Street, DH2 area.

Popular Houses in Redesdale Road, Chester Le Street, DH2

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 Redesdale Road, Chester Le Street, DH2