Yarm

Area Guide For Yarm

Yarm is a small residential area and civil parish in the unitary power of Stockton-on-Tees in North East England. It is on the south coast of the River Tees and for ceremonial purposes is in the area of North Yorkshire. The bridge at Yarm denoted the uttermost range of tidal stream up the River Tees until the opening, in 1995, of the Tees Barrage, which now manages waterway stream above Stockton. As the last bridge on the stream before the ocean, it was superseded by another toll scaffold opened in Stockton in 1771. The most ancient part of the town, around the High Street, is arranged in a circle of the waterway and the more current parts of the town stretch out to the point where the River Leven meets the River Tees.

 
 

Yarm Map

Estimated Price: £277,705
Average Asking Price: £326,466
Price change in last one year: £2,499
Average Price Paid: £237,700
Average Rent Rates: £967

 
 

Property Prices Breakdown in Yarm

Average Price for property in Yarm is around £277,705 which varies based on type of property you are interested in and ranges from £338,891 for detached house to around £198,374 for semi-detached. Similarly terraced house is around £193,446 and a flat is worth £177,839. Values have been changing and have risen £176 in last 3 months alone. Similar historical trend can be observed in price changes e.g. prices changed £1,008 in last 6 months, £2,499 in last 1 year, £18,517 in last 2 years, £25,206 in last 3 years, £27,963 in last 4 years and £11,960 in last 5 years.

Currently average asking price of a property in Yarm is around £326,466 based on approximately 155 properties for sale. Same is the case with rental options based on 15 properties up for rent, average asking rent is around £967 per month.

Estimated property value in Yarm is £277,705. Average asking price is £326,466 while average price paid is £242,802 which is up by £2,499 and Avg. asking rent £967.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 Yarm area. In last 1 year alone average price buyer paid is around £242,802 based on approximately 155 sales in Yarm area alone. If you compare it to last 3 years sales of 528 properties where buyers paid around £241,075. 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 £237,700 for 876 and average amount paid for purchase of approx. 1,169 properties sold in last 7 years comes to about £240,164 per sale.

 
 

Properties For Sale in Yarm

 
 

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 £124,950, £178,695 for a 2 bedroom house, £269,103 for a 3 bedroom house, £339,759 for a 4 bedroom house and £498,862 for a 5 bedroom house. For a flat similarly the prices varies from £158,989 for a 2 bedroom to £265,000 for a 3 bedroom Flat. To sum up the asking prices for properties in Yarm it comes to around average £124,950 for 1 bedroom property, £172,126 for 2 bedroom, £268,875 for 3 bedroom, £339,759 for 4 bedroom and £498,862 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 £583 for 2 bedroom to £650 for 3 bedroom and £2,626 for 5 bedroom. But if you are interested in renting a 2 bedroom flat then rent per month can be around £766. As the no. of bedroom increase so will the rent e.g. for a 3 bedroom flat it will be around £550. You should be generally be expecting around average £732 rent per month for 2 bedroom property, £600 for 3 bedroom and approximately £2,626 for 5 bedroom property in Yarm area.

Popular Houses in Yarm

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.

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