South Avenue, Ryton, NE40

Street Guide For South Avenue, Ryton, NE40

 
 

South Avenue, Ryton, NE40 Map

Estimated Price: £369,088
Average Asking Price: £172,238
Price change in last one year: £17,235
Average Price Paid: £330,000
Average Rent Rates: £524

Gilmore Estates Ltd
81 Front Street, Prudhoe ,Northumberland, NE42 5PU

Free House valuation

 

Property Prices Breakdown in South Avenue, Ryton, NE40

Average Price for property in South Avenue, Ryton, NE40 is around £369,088 e.g. average price for terraced house is around 369,088. Values have been changing and have risen £518 in last 3 months alone. Similar historical trend can be observed in price changes e.g. prices changed £3,128 in last 6 months, £17,235 in last 1 year, £26,380 in last 2 years, £33,526 in last 3 years, £19,083 in last 4 years and £14,474 in last 5 years.

Currently average asking price of a property in South Avenue, Ryton, NE40 is around £172,238 based on approximately 1 properties for sale. Same is the case with rental options based on 32 properties up for rent, average asking rent is around £524 per month.

Estimated property value in South Avenue, Ryton, NE40 is £369,088. Average asking price is £172,238 while average price paid is £330,000 which is up by £17,235 and Avg. asking rent £524.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 South Avenue, Ryton, NE40 area. In last 1 year alone average price buyer paid is around £330,000 based on approximately 1 sales in South Avenue, Ryton, NE40 area alone. If you compare it to last 3 years sales of 1 properties where buyers paid around £330,000. 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 £330,000 for 1 and average amount paid for purchase of approx. 1 properties sold in last 7 years comes to about £330,000 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 £90,000, £118,440 for a 2 bedroom house, £175,572 for a 3 bedroom house, £301,402 for a 4 bedroom house and £376,250 for a 5 bedroom house. For a flat similarly the prices varies from £66,975 for a single bedroom to £91,225 for a 2 bedroom Flat. To sum up the asking prices for properties in South Avenue, Ryton, NE40 it comes to around average £71,580 for 1 bedroom property, £117,113 for 2 bedroom, £175,572 for 3 bedroom, £301,402 for 4 bedroom and £376,250 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 £394 for 1 bedroom to £491 for 2 bedroom and £624 for 3 bedroom. But if you are interested in renting a 1 bedroom flat then rent per month can be around £351. As the no. of bedroom increase so will the rent e.g. for a 2 bedroom flat it will be around £498. You should be generally be expecting around average £372 rent per month for single bedroom property, £491 for 2 bedroom and approximately £624 for 3 bedroom property in South Avenue, Ryton, NE40 area.

Popular Houses in South Avenue, Ryton, NE40

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 South Avenue, Ryton, NE40