Shotley Grove, Dipe Lane, East Boldon, NE36

Street Guide For Shotley Grove, Dipe Lane, East Boldon, NE36

 

Shotley Grove, Dipe Lane, East Boldon, NE36 Map

Estimated Price: £227,473
Average Asking Price: £270,462
Price change in last one year: £14,341
Average Price Paid: £176,350
Average Rent Rates: £673

 

Property Prices Breakdown in Shotley Grove, Dipe Lane, East Boldon, NE36

Average Price for property in Shotley Grove, Dipe Lane, East Boldon, NE36 is around £227,473 e.g. average price for a flat is around 227,473. Values have been changing and have risen £325 in last 3 months alone. Similar historical trend can be observed in price changes e.g. prices changed £1,460 in last 6 months, £14,341 in last 1 year, £18,630 in last 2 years, £26,337 in last 3 years, £15,829 in last 4 years and £13,646 in last 5 years.

Currently average asking price of a property in Shotley Grove, Dipe Lane, East Boldon, NE36 is around £270,462 based on approximately 0 properties for sale. Same is the case with rental options based on 10 properties up for rent, average asking rent is around £673 per month.

Estimated property value in Shotley Grove, Dipe Lane, East Boldon, NE36 is £227,473. Average asking price is £270,462 while average price paid is £173,250 which is up by £26,337 and Avg. asking rent £673.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 Shotley Grove, Dipe Lane, East Boldon, NE36 area. In last 3 years alone average price buyer paid is around £173,250 based on approximately 3 sales in Shotley Grove, Dipe Lane, East Boldon, NE36 area alone. If you compare it to last 5 years sales of 5 properties where buyers paid around £176,350. It has been same for some time now for e.g. if you take an average of amount paid in last 7 years, it comes to around £179,892 for 7 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 £187,427, £219,941 for a 3 bedroom house, £421,350 for a 4 bedroom house and £285,000 for a 5 bedroom house. For a flat similarly the prices varies from £87,770 for a single bedroom to £163,112 for a 2 bedroom Flat. Same is the case with 3 bedroom flat £194,950. To sum up the asking prices for properties in Shotley Grove, Dipe Lane, East Boldon, NE36 it comes to around average £87,770 for 1 bedroom property, £177,189 for 2 bedroom, £219,206 for 3 bedroom, £421,350 for 4 bedroom and £285,000 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 £638 for 2 bedroom to £793 for 3 bedroom and £1,148 for 4 bedroom. But if you are interested in renting a 2 bedroom flat then rent per month can be around £574. As the no. of bedroom increase so will the rent e.g. for a 4 bedroom flat it will be around £451. You should be generally be expecting around average £620 rent per month for 2 bedroom property, £793 for 3 bedroom and approximately £800 for 4 bedroom property in Shotley Grove, Dipe Lane, East Boldon, NE36 area.

Popular Houses in Shotley Grove, Dipe Lane, East Boldon, NE36

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 Shotley Grove, Dipe Lane, East Boldon, NE36