Watford Close, Sunderland, SR5

Street Guide For Watford Close, Sunderland, SR5

 

Watford Close, Sunderland, SR5 Map

Estimated Price: £71,218
Average Asking Price: £101,363
Price change in last one year: £974
Average Price Paid: £61,500
Average Rent Rates: £580

 

Property Prices Breakdown in Watford Close, Sunderland, SR5

Average Price for property in Watford Close, Sunderland, SR5 is around £71,218 which varies based on type of property you are interested in and ranges from £71,595 for semi-detached to around £70,715 for terraced house. Values have been changing and have risen £209 in last 3 months alone. Similar historical trend can be observed in price changes e.g. prices changed £293 in last 6 months, £974 in last 1 year, £4,083 in last 2 years, £4,579 in last 3 years, £2,202 in last 4 years and £3,112 in last 5 years.

Currently average asking price of a property in Watford Close, Sunderland, SR5 is around £101,363 based on approximately 1 properties for sale. Same is the case with rental options based on 61 properties up for rent, average asking rent is around £580 per month.

Estimated property value in Watford Close, Sunderland, SR5 is £71,218. Average asking price is £101,363 while average price paid is £59,000 which is up by £974 and Avg. asking rent £580.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 Watford Close, Sunderland, SR5 area. In last 1 year alone average price buyer paid is around £59,000 based on approximately 1 sales in Watford Close, Sunderland, SR5 area alone. If you compare it to last 3 years sales of 1 properties where buyers paid around £59,000. 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 £61,500 for 2 and average amount paid for purchase of approx. 2 properties sold in last 7 years comes to about £61,500 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 £63,380, £81,209 for a 2 bedroom house, £121,472 for a 3 bedroom house, £132,391 for a 4 bedroom house and £139,500 for a 5 bedroom house. For a flat similarly the prices varies from £44,379 for a single bedroom to £57,911 for a 2 bedroom Flat. To sum up the asking prices for properties in Watford Close, Sunderland, SR5 it comes to around average £53,880 for 1 bedroom property, £78,032 for 2 bedroom, £121,472 for 3 bedroom, £132,391 for 4 bedroom and £139,500 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 £467 for 2 bedroom, £509 for 3 bedroom and £650 for 4 bedroom. But if you are interested in renting a 1 bedroom flat then rent per month can be around £411. As the no. of bedroom increase so will the rent e.g. for a 2 bedroom flat it will be around £406 and £1,343 for 4 bedroom. You should be generally be expecting around average £405 rent per month for single bedroom property, £436 for 2 bedroom, £509 for 3 bedroom and approximately £996 for 4 bedroom property in Watford Close, Sunderland, SR5 area.

Popular Houses in Watford Close, Sunderland, SR5

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 Watford Close, Sunderland, SR5