South Lane, North Sunderland, Seahouses, NE68

Street Guide For South Lane, North Sunderland, Seahouses, NE68

 

South Lane, North Sunderland, Seahouses, NE68 Map

Estimated Price: £247,176
Average Asking Price: £238,862
Price change in last one year: £15,869
Average Price Paid: £230,000
Average Rent Rates: £498

 

Property Prices Breakdown in South Lane, North Sunderland, Seahouses, NE68

Average Price for property in South Lane, North Sunderland, Seahouses, NE68 is around £247,176 which varies based on type of property you are interested in and ranges from £274,170 for detached house to around £198,721 for semi-detached. Similarly terraced house is around £198,390. Values have been changing and have risen £433 in last 3 months alone. Similar historical trend can be observed in price changes e.g. prices changed £1,831 in last 6 months, £15,869 in last 1 year, £20,528 in last 2 years, £29,118 in last 3 years, £17,257 in last 4 years and £14,868 in last 5 years.

Currently average asking price of a property in South Lane, North Sunderland, Seahouses, NE68 is around £238,862 based on approximately 0 properties for sale. Same is the case with rental options based on 9 properties up for rent, average asking rent is around £498 per month.

Estimated property value in South Lane, North Sunderland, Seahouses, NE68 is £247,176. Average asking price is £238,862 while average price paid is £230,000 which is up by £29,118 and Avg. asking rent £498.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 Lane, North Sunderland, Seahouses, NE68 area. In last 3 years alone average price buyer paid is around £230,000 based on approximately 1 sales in South Lane, North Sunderland, Seahouses, NE68 area alone. If you compare it to last 5 years sales of 1 properties where buyers paid around £230,000. 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 £282,000 for 5 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 £171,688, £243,929 for a 3 bedroom house, £278,718 for a 4 bedroom house and £374,975 for a 5 bedroom house. For a flat similarly the prices varies from £201,633 for a 2 bedroom to £214,975 for a 3 bedroom Flat. Same is the case with 4 bedroom flat £179,950. To sum up the asking prices for properties in South Lane, North Sunderland, Seahouses, NE68 it comes to around average £177,677 for 2 bedroom property, £240,881 for 3 bedroom, £267,744 for 4 bedroom and £374,975 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 £494 for 2 bedroom to £475 for 3 bedroom and £997 for 4 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 £400. You should be generally be expecting around average £351 rent per month for single bedroom property, £438 for 2 bedroom, £474 for 3 bedroom and approximately £997 for 4 bedroom property in South Lane, North Sunderland, Seahouses, NE68 area.

Popular Houses in South Lane, North Sunderland, Seahouses, NE68

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 Lane, North Sunderland, Seahouses, NE68