Teare Close, Middlesbrough, TS1

Street Guide For Teare Close, Middlesbrough, TS1

 

Teare Close, Middlesbrough, TS1 Map

Estimated Price: £40,400
Average Asking Price: £73,469
Price change in last one year: £1,157
Average Price Paid: £30,000
Average Rent Rates: £607

 

Property Prices Breakdown in Teare Close, Middlesbrough, TS1

Average Price for property in Teare Close, Middlesbrough, TS1 is around £40,400 e.g. average price for a flat is around 40,400. Values have been changing and have risen £60 in last 3 months alone. Similar historical trend can be observed in price changes e.g. prices changed £330 in last 6 months, £1,157 in last 1 year, £1,983 in last 2 years, £610 in last 3 years, £1,468 in last 4 years and £1,233 in last 5 years.

Currently average asking price of a property in Teare Close, Middlesbrough, TS1 is around £73,469 based on approximately 1 properties for sale. Same is the case with rental options based on 174 properties up for rent, average asking rent is around £607 per month.

Estimated property value in Teare Close, Middlesbrough, TS1 is £40,400. Average asking price is £73,469 while average price paid is £30,000 which is up by £1,157 and Avg. asking rent £607.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 Teare Close, Middlesbrough, TS1 area. In last 1 year alone average price buyer paid is around £30,000 based on approximately 1 sales in Teare Close, Middlesbrough, TS1 area alone. If you compare it to last 3 years sales of 1 properties where buyers paid around £30,000. 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 £30,000 for 1 and average amount paid for purchase of approx. 1 properties sold in last 7 years comes to about £30,000 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 £57,943, £67,259 for a 3 bedroom house, £120,825 for a 4 bedroom house and £107,500 for a 5 bedroom house. For a flat similarly the prices varies from £59,950 for a single bedroom to £92,490 for a 2 bedroom Flat. To sum up the asking prices for properties in Teare Close, Middlesbrough, TS1 it comes to around average £59,950 for 1 bedroom property, £60,973 for 2 bedroom, £67,259 for 3 bedroom, £120,825 for 4 bedroom and £107,500 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 £306 for 1 bedroom to £376 for 2 bedrooms, £364 for 3 bedrooms, £422 for 4 bedrooms and £317 for 5 bedrooms house. But if you are interested in renting a 1 bedroom flat then rent per month can be around £395. As the no. of bedroom increase so will the rent e.g. for a 2 bedroom flat it will be around £403. You should be generally be expecting around average £343 rent per month for single bedroom property, £377 for 2 bedroom, £364 for 3 bedroom, £422 for 4 bedroom and approximately £317 for a 5 bedroom property in Teare Close, Middlesbrough, TS1 area.

Popular Houses in Teare Close, Middlesbrough, TS1

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 Teare Close, Middlesbrough, TS1