Stephenson Way, Blaydon-on-Tyne, NE21

Street Guide For Stephenson Way, Blaydon-on-Tyne, NE21

 

Stephenson Way, Blaydon-on-Tyne, NE21 Map

Estimated Price: £106,419
Average Asking Price: £186,925
Price change in last one year: £6,509
Average Price Paid: £75,625
Average Rent Rates: £1,045

 

Property Prices Breakdown in Stephenson Way, Blaydon-on-Tyne, NE21

Average Price for property in Stephenson Way, Blaydon-on-Tyne, NE21 is around £106,419 which varies based on type of property you are interested in and ranges from £127,886 for detached house to around £129,658 for semi-detached. Similarly flat is around £86,891. Values have been changing and have risen £113 in last 3 months alone. Similar historical trend can be observed in price changes e.g. prices changed £187 in last 6 months, £6,509 in last 1 year, £9,236 in last 2 years, £12,232 in last 3 years, £5,469 in last 4 years and £4,157 in last 5 years.

Currently average asking price of a property in Stephenson Way, Blaydon-on-Tyne, NE21 is around £186,925 based on approximately 3 properties for sale. Same is the case with rental options based on 32 properties up for rent, average asking rent is around £1,045 per month.

Estimated property value in Stephenson Way, Blaydon-on-Tyne, NE21 is £106,419. Average asking price is £186,925 while average price paid is £74,916 which is up by £6,509 and Avg. asking rent £1,045.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 Stephenson Way, Blaydon-on-Tyne, NE21 area. In last 1 year alone average price buyer paid is around £74,916 based on approximately 3 sales in Stephenson Way, Blaydon-on-Tyne, NE21 area alone. If you compare it to last 3 years sales of 5 properties where buyers paid around £75,350. 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 £75,625 for 6 and average amount paid for purchase of approx. 8 properties sold in last 7 years comes to about £84,468 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 £105,341, £161,213 for a 3 bedroom house, £297,148 for a 4 bedroom house and £367,972 for a 5 bedroom house. For a flat similarly the prices varies from £61,325 for a single bedroom to £112,681 for a 2 bedroom Flat. To sum up the asking prices for properties in Stephenson Way, Blaydon-on-Tyne, NE21 it comes to around average £61,325 for 1 bedroom property, £107,690 for 2 bedroom, £161,213 for 3 bedroom, £297,148 for 4 bedroom and £367,972 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 £550 for 1 bedroom to £495 for 2 bedroom, £558 for 3 bedroom and £1,200 for 4 bedroom. But if you are interested in renting a 2 bedroom flat then rent per month can be around £497. You should be generally be expecting around average £550 rent per month for single bedroom property, £496 for 2 bedroom, £558 for 3 bedroom and approximately £1,200 for 4 bedroom property in Stephenson Way, Blaydon-on-Tyne, NE21 area.

Popular Houses in Stephenson Way, Blaydon-on-Tyne, NE21

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 Stephenson Way, Blaydon-on-Tyne, NE21