Rochester, Rochester, Newcastle upon Tyne, NE19

Street Guide For Rochester, Rochester, Newcastle upon Tyne, NE19

 

Rochester, Rochester, Newcastle upon Tyne, NE19 Map

Estimated Price: £185,488
Average Asking Price: £288,031
Price change in last one year: £10,915
Average Price Paid: £130,625
Average Rent Rates: £543

 

Property Prices Breakdown in Rochester, Rochester, Newcastle upon Tyne, NE19

Average Price for property in Rochester, Rochester, Newcastle upon Tyne, NE19 is around £185,488 which varies based on type of property you are interested in and ranges from £254,239 for detached house to around £164,504 for semi-detached. Similarly terraced house is around £108,863 and a flat is worth £108,341. Values have been changing and have risen £495 in last 3 months alone. Similar historical trend can be observed in price changes e.g. prices changed £1,750 in last 6 months, £10,915 in last 1 year, £13,827 in last 2 years, £20,131 in last 3 years, £11,049 in last 4 years and £9,455 in last 5 years.

Currently average asking price of a property in Rochester, Rochester, Newcastle upon Tyne, NE19 is around £288,031 based on approximately 1 properties for sale. Same is the case with rental options based on 7 properties up for rent, average asking rent is around £543 per month.

Estimated property value in Rochester, Rochester, Newcastle upon Tyne, NE19 is £185,488. Average asking price is £288,031 while average price paid is £105,000 which is up by £10,915 and Avg. asking rent £543.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 Rochester, Rochester, Newcastle upon Tyne, NE19 area. In last 1 year alone average price buyer paid is around £105,000 based on approximately 1 sales in Rochester, Rochester, Newcastle upon Tyne, NE19 area alone. If you compare it to last 3 years sales of 3 properties where buyers paid around £137,500. 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 £130,625 for 4 and average amount paid for purchase of approx. 4 properties sold in last 7 years comes to about £130,625 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 £166,361, £240,475 for a 3 bedroom house, £380,556 for a 4 bedroom house and £395,000 for a 5 bedroom house. To sum up the asking prices for properties in Rochester, Rochester, Newcastle upon Tyne, NE19 it comes to around average £166,361 for 2 bedroom property, £240,475 for 3 bedroom, £380,556 for 4 bedroom and £395,000 for 5 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 can vary from £428 for 1 bedroom to £451 for 2 bedroom, £548 for 3 bedroom and £971 for 4 bedroom. You should be generally be expecting around average £428 rent per month for single bedroom property, £451 for 2 bedroom, £548 for 3 bedroom and approximately £971 for 4 bedroom property in Rochester, Rochester, Newcastle upon Tyne, NE19 area.

Popular Houses in Rochester, Rochester, Newcastle upon Tyne, NE19

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 Rochester, Rochester, Newcastle upon Tyne, NE19