The Orchard, Pity Me, Durham, DH1

Street Guide For The Orchard, Pity Me, Durham, DH1

 

The Orchard, Pity Me, Durham, DH1 Map

Estimated Price: £180,619
Average Asking Price: £283,644
Price change in last one year: £7,529
Average Price Paid: £153,362
Average Rent Rates: £923

 

Property Prices Breakdown in The Orchard, Pity Me, Durham, DH1

Average Price for property in The Orchard, Pity Me, Durham, DH1 is around £180,619 which varies based on type of property you are interested in and ranges from £213,235 for detached house to around £173,723 for semi-detached. Similarly terraced house is around £155,462. Values have been changing and have risen £1,368 in last 3 months alone. Similar historical trend can be observed in price changes e.g. prices changed £4,813 in last 6 months, £7,529 in last 1 year, £11,545 in last 2 years, £14,593 in last 3 years, £11,766 in last 4 years and £8,525 in last 5 years.

Currently average asking price of a property in The Orchard, Pity Me, Durham, DH1 is around £283,644 based on approximately 0 properties for sale. Same is the case with rental options based on 221 properties up for rent, average asking rent is around £923 per month.

Estimated property value in The Orchard, Pity Me, Durham, DH1 is £180,619. Average asking price is £283,644 while average price paid is £138,750 which is up by £14,593 and Avg. asking rent £923.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 Orchard, Pity Me, Durham, DH1 area. In last 3 years alone average price buyer paid is around £138,750 based on approximately 2 sales in The Orchard, Pity Me, Durham, DH1 area alone. If you compare it to last 5 years sales of 4 properties where buyers paid around £153,362. 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 £146,908 for 6 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 £98,667, £143,547 for a 2 bedroom house, £190,564 for a 3 bedroom house, £340,911 for a 4 bedroom house and £550,783 for a 5 bedroom house. For a flat similarly the prices varies from £108,742 for a single bedroom to £181,874 for a 2 bedroom Flat. Same is the case with 3 bedroom flat £248,480. To sum up the asking prices for properties in The Orchard, Pity Me, Durham, DH1 it comes to around average £105,383 for 1 bedroom property, £168,679 for 2 bedroom, £194,053 for 3 bedroom, £340,911 for 4 bedroom and £550,783 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 £395 for 1 bedroom to £524 for 2 bedrooms, £563 for 3 bedrooms, £779 for 4 bedrooms and £871 for 5 bedrooms house. But if you are interested in renting a 1 bedroom flat then rent per month can be around £575. As the no. of bedroom increase so will the rent e.g. for a 2 bedroom flat it will be around £646, £1,286 for 4 bedroom and £1,521 for 5 bedroom. You should be generally be expecting around average £528 rent per month for single bedroom property, £607 for 2 bedroom, £563 for 3 bedroom, £821 for 4 bedroom and approximately £916 for a 5 bedroom property in The Orchard, Pity Me, Durham, DH1 area.

Popular Houses in The Orchard, Pity Me, Durham, DH1

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 Orchard, Pity Me, Durham, DH1