Stocksfield

Area Guide For Stocksfield

Stocksfield is a little, yet sprawling worker town arranged near to the River Tyne, around 14 miles west of Newcastle upon Tyne and 10 miles east of Hexham in the southern piece of Northumberland, England. There are a few littler towns and villages encompassing Stocksfield, including New Ridley, Old Ridley, Broomley, Hindley, Bywell, Mickley, and Hedley on the Hill.
Stocksfield is connected to Newcastle upon Tyne and the A1 by the A695 which passes through the town. It is additionally connected to Leadgate and Stamfordham by the B6309. The A695 and B6309 meet close to the track station.

 
 

Stocksfield Map

Estimated Price: £312,591
Average Asking Price: £412,441
Price change in last one year: £24,127
Average Price Paid: £268,766
Average Rent Rates: £732

 
 

Property Prices Breakdown in Stocksfield

Average Price for property in Stocksfield is around £312,591 which varies based on type of property you are interested in and ranges from £480,432 for detached house to around £262,402 for semi-detached. Similarly terraced house is around £169,970 and a flat is worth £171,260. Values have been changing and have risen £967 in last 3 months alone. Similar historical trend can be observed in price changes e.g. prices changed £1,422 in last 6 months, £24,127 in last 1 year, £34,230 in last 2 years, £40,006 in last 3 years, £28,474 in last 4 years and £25,471 in last 5 years.

Currently average asking price of a property in Stocksfield is around £412,441 based on approximately 36 properties for sale. Same is the case with rental options based on 3 properties up for rent, average asking rent is around £732 per month.

Estimated property value in Stocksfield is £312,591. Average asking price is £412,441 while average price paid is £253,630 which is up by £24,127 and Avg. asking rent £732.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 Stocksfield area. In last 1 year alone average price buyer paid is around £253,630 based on approximately 36 sales in Stocksfield area alone. If you compare it to last 3 years sales of 123 properties where buyers paid around £267,533. 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 £268,766 for 220 and average amount paid for purchase of approx. 300 properties sold in last 7 years comes to about £267,573 per sale.

 
 

Properties For Sale in Stocksfield

 
 

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 £120,343, £220,750 for a 3 bedroom house, £459,898 for a 4 bedroom house and £725,500 for a 5 bedroom house. For a flat the prices of 2 bedroom is £103,100. To sum up the asking prices for properties in Stocksfield it comes to around average £114,073 for 2 bedroom property, £220,750 for 3 bedroom, £459,898 for 4 bedroom and £725,500 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 is £849 for 3 bedroom. But if you are interested in renting a 2 bedroom flat then rent per month can be around £498. You should be generally be expecting around average £498 rent per month for 2 bedroom property and approximately £850 for 3 bedroom property in Stocksfield area.

Popular Houses in Stocksfield

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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