Stobbcross Villas, West Cornforth, Ferryhill, DL17

Street Guide For Stobbcross Villas, West Cornforth, Ferryhill, DL17

 

Stobbcross Villas, West Cornforth, Ferryhill, DL17 Map

Estimated Price: £95,088
Average Asking Price: £123,424
Price change in last one year: £1,470
Average Price Paid: £70,666
Average Rent Rates: £376

 

Property Prices Breakdown in Stobbcross Villas, West Cornforth, Ferryhill, DL17

Average Price for property in Stobbcross Villas, West Cornforth, Ferryhill, DL17 is around £95,088 e.g. average price for semi-detached is around 95,088. Values have been changing and have risen £807 in last 3 months alone. Similar historical trend can be observed in price changes e.g. prices changed £2,420 in last 6 months, £1,470 in last 1 year, £4,940 in last 2 years, £2,690 in last 3 years, £483 in last 4 years and £2,096 in last 5 years.

Currently average asking price of a property in Stobbcross Villas, West Cornforth, Ferryhill, DL17 is around £123,424 based on approximately 0 properties for sale. Same is the case with rental options based on 92 properties up for rent, average asking rent is around £376 per month.

Estimated property value in Stobbcross Villas, West Cornforth, Ferryhill, DL17 is £95,088. Average asking price is £123,424 while average price paid is £66,750 which is up by £2,690 and Avg. asking rent £376.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 Stobbcross Villas, West Cornforth, Ferryhill, DL17 area. In last 3 years alone average price buyer paid is around £66,750 based on approximately 2 sales in Stobbcross Villas, West Cornforth, Ferryhill, DL17 area alone. If you compare it to last 5 years sales of 3 properties where buyers paid around £70,666. 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 £70,666 for 3 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 £164,975, £63,160 for a 2 bedroom house, £106,849 for a 3 bedroom house, £256,334 for a 4 bedroom house and £242,475 for a 5 bedroom house. For a flat the prices of 2 bedroom is £46,663. To sum up the asking prices for properties in Stobbcross Villas, West Cornforth, Ferryhill, DL17 it comes to around average £164,975 for 1 bedroom property, £62,335 for 2 bedroom, £106,849 for 3 bedroom, £256,334 for 4 bedroom and £242,475 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 £360 for 2 bedroom to £376 for 3 bedroom and £598 for 4 bedroom. But if you are interested in renting a 1 bedroom flat then rent per month can be around £342. As the no. of bedroom increase so will the rent e.g. for a 2 bedroom flat it will be around £342. You should be generally be expecting around average £342 rent per month for single bedroom property, £359 for 2 bedroom, £376 for 3 bedroom and approximately £598 for 4 bedroom property in Stobbcross Villas, West Cornforth, Ferryhill, DL17 area.

Popular Houses in Stobbcross Villas, West Cornforth, Ferryhill, DL17

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 Stobbcross Villas, West Cornforth, Ferryhill, DL17