Boldon Colliery

Area Guide For Boldon Colliery

The Boldons are a group of three little towns, represented as one in the North East of England - East Boldon, West Boldon - bordering the North of Sunderland, East of Newcastle and the south of South Shields. They have a population of 13,271 residents within the area. In 1866 work started sinking a pit at the foot of the slope that started creating coal in 1869.

 
 

Boldon Colliery Map

Estimated Price: £149,297
Average Asking Price: £154,829
Price change in last one year: £11,935
Average Price Paid: £129,305
Average Rent Rates: £864

 
 

Property Prices Breakdown in Boldon Colliery

Average Price for property in Boldon Colliery is around £149,297 which varies based on type of property you are interested in and ranges from £231,301 for detached house to around £153,070 for semi-detached. Similarly terraced house is around £102,098 and a flat is worth £76,300. Values have been changing and have risen £740 in last 3 months alone. Similar historical trend can be observed in price changes e.g. prices changed £1,379 in last 6 months, £11,935 in last 1 year, £17,247 in last 2 years, £19,817 in last 3 years, £15,411 in last 4 years and £12,823 in last 5 years.

Currently average asking price of a property in Boldon Colliery is around £154,829 based on approximately 65 properties for sale. Same is the case with rental options based on 18 properties up for rent, average asking rent is around £864 per month.

Estimated property value in Boldon Colliery is £149,297. Average asking price is £154,829 while average price paid is £121,450 which is up by £11,935 and Avg. asking rent £864.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 Boldon Colliery area. In last 1 year alone average price buyer paid is around £121,450 based on approximately 65 sales in Boldon Colliery area alone. If you compare it to last 3 years sales of 203 properties where buyers paid around £126,742. 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 £129,305 for 332 and average amount paid for purchase of approx. 470 properties sold in last 7 years comes to about £132,660 per sale.

 
 

Properties For Sale in Boldon Colliery

 
 

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 £127,840, £145,900 for a 3 bedroom house, £242,516 for a 4 bedroom house and £234,950 for a 5 bedroom house. For a flat similarly the prices varies from £124,950 for a single bedroom to £94,983 for a 2 bedroom Flat. Same is the case with 3 bedroom flat £38,000. To sum up the asking prices for properties in Boldon Colliery it comes to around average £124,950 for 1 bedroom property, £120,800 for 2 bedroom, £142,984 for 3 bedroom, £242,516 for 4 bedroom and £234,950 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 £537 for 2 bedroom to £602 for 3 bedroom. But if you are interested in renting a 2 bedroom flat then rent per month can be around £423. As the no. of bedroom increase so will the rent e.g. for a 3 bedroom flat it will be around £396. You should be generally be expecting around average £466 rent per month for 2 bedroom property and approximately £525 for 3 bedroom property in Boldon Colliery area.

Popular Houses in Boldon Colliery

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.

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