Area Guide For Tyne & Wear

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 £113,808, £117,935 for a 2 bedroom house, £157,224 for a 3 bedroom house, £286,084 for a 4 bedroom house and £446,272 for a 5 bedroom house. For a flat similarly the prices varies from £84,104 for a single bedroom to £107,469 for a 2 bedroom Flat. Same is the case with 3 bedroom flat £121,169, £150,830 for a 4 bedroom flat and £147,852 for a 5 bedroom flat. To sum up the asking prices for properties in Tyne & Wear it comes to around average £87,761 for 1 bedroom property, £111,775 for 2 bedroom, £152,694 for 3 bedroom, £280,301 for 4 bedroom and £415,424 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 £459 for 1 bedroom to £535 for 2 bedrooms, £673 for 3 bedrooms, £961 for 4 bedrooms and £1,261 for 5 bedrooms house. But if you are interested in renting a 1 bedroom flat then rent per month can be around £491. As the no. of bedroom increase so will the rent e.g. for a 2 bedroom flat it will be around £641, £765 for 3 bedroom, £907 for 4 bedroom and around £1,222 for 5 bedroom flat. You should be generally be expecting around average £480 rent per month for single bedroom property, £621 for 2 bedroom, £731 for 3 bedroom, £942 for 4 bedroom and approximately £1,243 for a 5 bedroom property in Tyne & Wear area.