The Castle, Stanhope, Bishop Auckland, DL13

Street Guide For The Castle, Stanhope, Bishop Auckland, DL13

 

The Castle, Stanhope, Bishop Auckland, DL13 Map

Estimated Price: £154,590
Average Asking Price: £200,276
Price change in last one year: £2,639
Average Price Paid: £131,906
Average Rent Rates: £459

 

Property Prices Breakdown in The Castle, Stanhope, Bishop Auckland, DL13

Average Price for property in The Castle, Stanhope, Bishop Auckland, DL13 is around £154,590 which varies based on type of property you are interested in and ranges from £202,127 for semi-detached to around £142,707 for a flat. Values have been changing and have risen £1,493 in last 3 months alone. Similar historical trend can be observed in price changes e.g. prices changed £4,535 in last 6 months, £2,639 in last 1 year, £11,694 in last 2 years, £4,988 in last 3 years, £2,218 in last 4 years and £882 in last 5 years.

Currently average asking price of a property in The Castle, Stanhope, Bishop Auckland, DL13 is around £200,276 based on approximately 2 properties for sale. Same is the case with rental options based on 50 properties up for rent, average asking rent is around £459 per month.

Estimated property value in The Castle, Stanhope, Bishop Auckland, DL13 is £154,590. Average asking price is £200,276 while average price paid is £104,500 which is up by £2,639 and Avg. asking rent £459.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 Castle, Stanhope, Bishop Auckland, DL13 area. In last 1 year alone average price buyer paid is around £104,500 based on approximately 2 sales in The Castle, Stanhope, Bishop Auckland, DL13 area alone. If you compare it to last 3 years sales of 3 properties where buyers paid around £90,666. 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 £131,906 for 5 and average amount paid for purchase of approx. 7 properties sold in last 7 years comes to about £144,926 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 £76,238, £106,198 for a 2 bedroom house, £177,878 for a 3 bedroom house, £279,111 for a 4 bedroom house and £467,496 for a 5 bedroom house. For a flat similarly the prices varies from £31,500 for a single bedroom to £119,975 for a 2 bedroom Flat. Same is the case with 3 bedroom flat £123,333. To sum up the asking prices for properties in The Castle, Stanhope, Bishop Auckland, DL13 it comes to around average £67,290 for 1 bedroom property, £106,650 for 2 bedroom, £175,882 for 3 bedroom, £279,111 for 4 bedroom and £467,496 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 £394 for 1 bedroom to £397 for 2 bedrooms, £457 for 3 bedrooms, £750 for 4 bedrooms and £1,146 for 5 bedrooms house. But if you are interested in renting a 1 bedroom flat then rent per month can be around £280. As the no. of bedroom increase so will the rent e.g. for a 2 bedroom flat it will be around £387 and £494 for 4 bedroom. You should be generally be expecting around average £337 rent per month for single bedroom property, £395 for 2 bedroom, £457 for 3 bedroom, £622 for 4 bedroom and approximately £1,146 for a 5 bedroom property in The Castle, Stanhope, Bishop Auckland, DL13 area.

Popular Houses in The Castle, Stanhope, Bishop Auckland, DL13

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 Castle, Stanhope, Bishop Auckland, DL13