Springwell Lane, Northallerton, DL7

Street Guide For Springwell Lane, Northallerton, DL7

 

Springwell Lane, Northallerton, DL7 Map

Estimated Price: £160,312
Average Asking Price: £295,718
Price change in last one year: £5,953
Average Price Paid: £149,575
Average Rent Rates: £708

 

Property Prices Breakdown in Springwell Lane, Northallerton, DL7

Average Price for property in Springwell Lane, Northallerton, DL7 is around £160,312 which varies based on type of property you are interested in and ranges from £196,204 for detached house to around £198,640 for semi-detached. Similarly terraced house is around £144,407 and a flat is worth £71,710. Values have been changing and have risen £577 in last 3 months alone. Similar historical trend can be observed in price changes e.g. prices changed £2,636 in last 6 months, £5,953 in last 1 year, £12,566 in last 2 years, £8,417 in last 3 years, £5,282 in last 4 years and £3,886 in last 5 years.

Currently average asking price of a property in Springwell Lane, Northallerton, DL7 is around £295,718 based on approximately 0 properties for sale. Same is the case with rental options based on 26 properties up for rent, average asking rent is around £708 per month.

Estimated property value in Springwell Lane, Northallerton, DL7 is £160,312. Average asking price is £295,718 while average price paid is £131,650 which is up by £8,417 and Avg. asking rent £708.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 Springwell Lane, Northallerton, DL7 area. In last 3 years alone average price buyer paid is around £131,650 based on approximately 2 sales in Springwell Lane, Northallerton, DL7 area alone. If you compare it to last 5 years sales of 4 properties where buyers paid around £149,575. 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 £131,326 for 13 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 £164,831, £250,137 for a 3 bedroom house, £327,333 for a 4 bedroom house and £439,988 for a 5 bedroom house. For a flat similarly the prices varies from £178,725 for a single bedroom to £156,480 for a 2 bedroom Flat. To sum up the asking prices for properties in Springwell Lane, Northallerton, DL7 it comes to around average £178,725 for 1 bedroom property, £162,511 for 2 bedroom, £250,137 for 3 bedroom, £327,333 for 4 bedroom and £439,988 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 £589 for 2 bedroom to £694 for 3 bedroom, £823 for 4 bedroom and £1,751 for 5 bedroom. But if you are interested in renting a 1 bedroom flat then rent per month can be around £425. As the no. of bedroom increase so will the rent e.g. for a 2 bedroom flat it will be around £620. You should be generally be expecting around average £425 rent per month for single bedroom property, £600 for 2 bedroom, £694 for 3 bedroom, £824 for 4 bedroom and approximately £1,751 for a 5 bedroom property in Springwell Lane, Northallerton, DL7 area.

Popular Houses in Springwell Lane, Northallerton, DL7

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 Springwell Lane, Northallerton, DL7