Westgate Road, Faverdale, Darlington, DL3

Street Guide For Westgate Road, Faverdale, Darlington, DL3

 

Westgate Road, Faverdale, Darlington, DL3 Map

Estimated Price: £131,284
Average Asking Price: £174,785
Price change in last one year: £2,425
Average Price Paid: £108,500
Average Rent Rates: £432

 

Property Prices Breakdown in Westgate Road, Faverdale, Darlington, DL3

Average Price for property in Westgate Road, Faverdale, Darlington, DL3 is around £131,284 which varies based on type of property you are interested in and ranges from £168,340 for detached house to around £123,418 for semi-detached. Similarly terraced house is around £167,284. Values have been changing and have risen £173 in last 3 months alone. Similar historical trend can be observed in price changes e.g. prices changed £412 in last 6 months, £2,425 in last 1 year, £9,278 in last 2 years, £6,188 in last 3 years, £2,888 in last 4 years and £4,430 in last 5 years.

Currently average asking price of a property in Westgate Road, Faverdale, Darlington, DL3 is around £174,785 based on approximately 2 properties for sale. Same is the case with rental options based on 141 properties up for rent, average asking rent is around £432 per month.

Estimated property value in Westgate Road, Faverdale, Darlington, DL3 is £131,284. Average asking price is £174,785 while average price paid is £125,000 which is up by £2,425 and Avg. asking rent £432.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 Westgate Road, Faverdale, Darlington, DL3 area. In last 1 year alone average price buyer paid is around £125,000 based on approximately 2 sales in Westgate Road, Faverdale, Darlington, DL3 area alone. If you compare it to last 3 years sales of 6 properties where buyers paid around £105,750. 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 £108,500 for 7 and average amount paid for purchase of approx. 10 properties sold in last 7 years comes to about £111,150 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 £129,950, £95,117 for a 2 bedroom house, £158,761 for a 3 bedroom house, £263,895 for a 4 bedroom house and £336,283 for a 5 bedroom house. For a flat similarly the prices varies from £90,791 for a single bedroom to £129,439 for a 2 bedroom Flat. Same is the case with 3 bedroom flat £144,600. To sum up the asking prices for properties in Westgate Road, Faverdale, Darlington, DL3 it comes to around average £93,094 for 1 bedroom property, £105,472 for 2 bedroom, £158,388 for 3 bedroom, £263,895 for 4 bedroom and £336,283 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 £334 for 1 bedroom to £392 for 2 bedroom, £501 for 3 bedroom and £658 for 4 bedroom. But if you are interested in renting a 1 bedroom flat then rent per month can be around £386. As the no. of bedroom increase so will the rent e.g. for a 2 bedroom flat it will be around £508 and £494 for 3 bedroom. You should be generally be expecting around average £378 rent per month for single bedroom property, £419 for 2 bedroom, £501 for 3 bedroom and approximately £658 for 4 bedroom property in Westgate Road, Faverdale, Darlington, DL3 area.

Popular Houses in Westgate Road, Faverdale, Darlington, DL3

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 Westgate Road, Faverdale, Darlington, DL3