The Bank, Barnard Castle, DL12

Street Guide For The Bank, Barnard Castle, DL12

 

The Bank, Barnard Castle, DL12 Map

Estimated Price: £203,836
Average Asking Price: £262,935
Price change in last one year: £6,065
Average Price Paid: £182,666
Average Rent Rates: £740

 

Property Prices Breakdown in The Bank, Barnard Castle, DL12

Average Price for property in The Bank, Barnard Castle, DL12 is around £203,836 which varies based on type of property you are interested in and ranges from £189,390 for detached house to around £135,138 for semi-detached. Similarly terraced house is around £292,174 and a flat is worth £88,776. Values have been changing and have risen £145 in last 3 months alone. Similar historical trend can be observed in price changes e.g. prices changed £1,383 in last 6 months, £6,065 in last 1 year, £18,000 in last 2 years, £10,573 in last 3 years, £4,920 in last 4 years and £6,177 in last 5 years.

Currently average asking price of a property in The Bank, Barnard Castle, DL12 is around £262,935 based on approximately 0 properties for sale. Same is the case with rental options based on 13 properties up for rent, average asking rent is around £740 per month.

Estimated property value in The Bank, Barnard Castle, DL12 is £203,836. Average asking price is £262,935 while average price paid is £182,666 which is up by £6,177 and Avg. asking rent £740.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 The Bank, Barnard Castle, DL12 area. In last 5 years alone average price buyer paid is around £182,666 based on approximately 3 sales in The Bank, Barnard Castle, DL12 area alone. If you compare it to last 7 years sales of 5 properties where buyers paid around £214,600.

 
 

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 £77,475, £116,279 for a 2 bedroom house, £213,003 for a 3 bedroom house, £339,426 for a 4 bedroom house and £473,714 for a 5 bedroom house. For a flat similarly the prices varies from £98,750 for a single bedroom to £104,983 for a 2 bedroom Flat. Same is the case with 3 bedroom flat £184,500. To sum up the asking prices for properties in The Bank, Barnard Castle, DL12 it comes to around average £84,567 for 1 bedroom property, £114,397 for 2 bedroom, £211,222 for 3 bedroom, £339,426 for 4 bedroom and £473,714 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 £463 for 2 bedroom to £562 for 3 bedroom. But if you are interested in renting a 2 bedroom flat then rent per month can be around £455. You should be generally be expecting around average £462 rent per month for 2 bedroom property and approximately £562 for 3 bedroom property in The Bank, Barnard Castle, DL12 area.

Popular Houses in The Bank, Barnard Castle, DL12

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 The Bank, Barnard Castle, DL12