Stoneleigh, Hepscott, Morpeth, NE61

Street Guide For Stoneleigh, Hepscott, Morpeth, NE61

 

Stoneleigh, Hepscott, Morpeth, NE61 Map

Estimated Price: £431,197
Average Asking Price: £297,277
Price change in last one year: £22,521
Average Price Paid: £300,000
Average Rent Rates: £836

 

Property Prices Breakdown in Stoneleigh, Hepscott, Morpeth, NE61

Average Price for property in Stoneleigh, Hepscott, Morpeth, NE61 is around £431,197 e.g. average price for detached house is around 431,197. Values have been changing and have risen £1,474 in last 3 months alone. Similar historical trend can be observed in price changes e.g. prices changed £3,119 in last 6 months, £22,521 in last 1 year, £31,888 in last 2 years, £45,409 in last 3 years, £32,164 in last 4 years and £22,769 in last 5 years.

Currently average asking price of a property in Stoneleigh, Hepscott, Morpeth, NE61 is around £297,277 based on approximately 0 properties for sale. Same is the case with rental options based on 73 properties up for rent, average asking rent is around £836 per month.

Estimated property value in Stoneleigh, Hepscott, Morpeth, NE61 is £431,197. Average asking price is £297,277 while average price paid is £300,000 which is up by £22,769 and Avg. asking rent £836.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 Stoneleigh, Hepscott, Morpeth, NE61 area. In last 5 years alone average price buyer paid is around £300,000 based on approximately 1 sales in Stoneleigh, Hepscott, Morpeth, NE61 area alone. If you compare it to last 7 years sales of 1 properties where buyers paid around £300,000.

 
 

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 £92,880, £125,200 for a 2 bedroom house, £189,793 for a 3 bedroom house, £400,975 for a 4 bedroom house and £532,149 for a 5 bedroom house. For a flat similarly the prices varies from £79,858 for a single bedroom to £138,246 for a 2 bedroom Flat. Same is the case with 3 bedroom flat £74,975. To sum up the asking prices for properties in Stoneleigh, Hepscott, Morpeth, NE61 it comes to around average £83,688 for 1 bedroom property, £130,708 for 2 bedroom, £188,117 for 3 bedroom, £400,975 for 4 bedroom and £532,149 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 £491 for 1 bedroom to £495 for 2 bedrooms, £858 for 3 bedrooms, £1,535 for 4 bedrooms and £1,499 for 5 bedrooms house. But if you are interested in renting a 2 bedroom flat then rent per month can be around £559. You should be generally be expecting around average £491 rent per month for single bedroom property, £522 for 2 bedroom, £858 for 3 bedroom, £1,535 for 4 bedroom and approximately £1,499 for a 5 bedroom property in Stoneleigh, Hepscott, Morpeth, NE61 area.

Popular Houses in Stoneleigh, Hepscott, Morpeth, NE61

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 Stoneleigh, Hepscott, Morpeth, NE61