Wakenshaw Road, Durham, DH1

Street Guide For Wakenshaw Road, Durham, DH1

 

Wakenshaw Road, Durham, DH1 Map

Estimated Price: £104,729
Average Asking Price: £284,042
Price change in last one year: £4,497
Average Price Paid: £87,906
Average Rent Rates: £925

 

Property Prices Breakdown in Wakenshaw Road, Durham, DH1

Average Price for property in Wakenshaw Road, Durham, DH1 is around £104,729 which varies based on type of property you are interested in and ranges from £119,202 for detached house to around £108,212 for semi-detached. Similarly terraced house is around £98,640. Values have been changing and have risen £817 in last 3 months alone. Similar historical trend can be observed in price changes e.g. prices changed £2,874 in last 6 months, £4,497 in last 1 year, £6,898 in last 2 years, £8,723 in last 3 years, £7,037 in last 4 years and £5,105 in last 5 years.

Currently average asking price of a property in Wakenshaw Road, Durham, DH1 is around £284,042 based on approximately 2 properties for sale. Same is the case with rental options based on 218 properties up for rent, average asking rent is around £925 per month.

Estimated property value in Wakenshaw Road, Durham, DH1 is £104,729. Average asking price is £284,042 while average price paid is £93,500 which is up by £4,497 and Avg. asking rent £925.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 Wakenshaw Road, Durham, DH1 area. In last 1 year alone average price buyer paid is around £93,500 based on approximately 2 sales in Wakenshaw Road, Durham, DH1 area alone. If you compare it to last 3 years sales of 7 properties where buyers paid around £83,285. 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 £87,906 for 15 and average amount paid for purchase of approx. 17 properties sold in last 7 years comes to about £88,888 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, £143,159 for a 2 bedroom house, £191,026 for a 3 bedroom house, £340,911 for a 4 bedroom house and £544,754 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 Wakenshaw Road, Durham, DH1 it comes to around average £105,383 for 1 bedroom property, £168,136 for 2 bedroom, £194,529 for 3 bedroom, £340,911 for 4 bedroom and £544,754 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, £558 for 3 bedrooms, £768 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, £558 for 3 bedroom, £813 for 4 bedroom and approximately £916 for a 5 bedroom property in Wakenshaw Road, Durham, DH1 area.

Popular Houses in Wakenshaw Road, 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 Wakenshaw Road, Durham, DH1