Area Guide For Stanley

Stanley is a former colliery town and civil parish in County Durham, England. Centred on a hilltop between Chester-le-Street and Consett, the town lies south west of Gateshead. Stanley was formerly divided into three distinct settlements the main town of West Stanley and the mining villages of East Stanley and South Stanley. Through a process of gradual expansion, these have become amalgamated into one town, with East and South Stanley no longer officially used as town names (although they are still recognised colloquially). The village of South Moor lies to the south. Stanley was first mentioned in 1211 however, some neolithic and Roman remains have been found in the area. The town's name is derived from the Old English for 'Stoney Field'. In John Speed's map of Co.Durham Stanley appears called Standley. The West Stanley Pit Disaster, one of the worst coal mining disasters in British history took place in Stanley at West Stanley Colliery on February 16, 1909 when over 160 people were killed in the Burns Pit disaster. Over recent decades, Stanley has suffered hard times economically, with the closure of the coal pits followed by the loss of major employers at Ever Ready in


Stanley Map

Estimated Price: £96,608
Average Asking Price: £117,984
Price change in last one year: £2,504
Average Price Paid: £93,682
Average Rent Rates: £409


Property Prices Breakdown in Stanley

Average Price for property in Stanley is around £96,608 which varies based on type of property you are interested in and ranges from £183,482 for detached house to around £108,176 for semi-detached. Similarly terraced house is around £71,330 and a flat is worth £73,298. Values have been changing and have risen £996 in last 3 months alone. Similar historical trend can be observed in price changes e.g. prices changed £3,131 in last 6 months, £2,504 in last 1 year, £3,378 in last 2 years, £3,040 in last 3 years, £442 in last 4 years and £2,736 in last 5 years.

Currently average asking price of a property in Stanley is around £117,984 based on approximately 375 properties for sale. Same is the case with rental options based on 164 properties up for rent, average asking rent is around £409 per month.

Estimated property value in Stanley is £96,608. Average asking price is £117,984 while average price paid is £94,364 which is up by £2,504 and Avg. asking rent £409.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 Stanley area. In last 1 year alone average price buyer paid is around £94,364 based on approximately 375 sales in Stanley area alone. If you compare it to last 3 years sales of 1,150 properties where buyers paid around £91,997. 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 £93,682 for 1,886 and average amount paid for purchase of approx. 2,841 properties sold in last 7 years comes to about £99,539 per sale.


Properties For Sale in Stanley


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 £63,488, £68,974 for a 2 bedroom house, £101,848 for a 3 bedroom house, £201,487 for a 4 bedroom house and £244,895 for a 5 bedroom house. For a flat similarly the prices varies from £88,317 for a 2 bedroom to £64,975 for a 3 bedroom Flat. To sum up the asking prices for properties in Stanley it comes to around average £63,488 for 1 bedroom property, £69,420 for 2 bedroom, £101,406 for 3 bedroom, £201,487 for 4 bedroom and £244,895 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 £390 for 1 bedroom to £373 for 2 bedroom, £466 for 3 bedroom and £676 for 4 bedroom. But if you are interested in renting a 1 bedroom flat then rent per month can be around £319. As the no. of bedroom increase so will the rent e.g. for a 2 bedroom flat it will be around £389, £415 for 3 bedroom and £598 for 4 bedroom. You should be generally be expecting around average £328 rent per month for single bedroom property, £375 for 2 bedroom, £459 for 3 bedroom and approximately £650 for 4 bedroom property in Stanley area.

Popular Houses in Stanley

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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