Bedlington

Area Guide For Bedlington

Bedlington is a town in Northumberland, to the north of the Tyne and Wear urban area. It lies 10 miles (16 km) north of Newcastle and 4.5 miles (7 km) southeast of the county town of Morpeth. Other nearby places include Ashington to the north northeast, Blyth to the east and Cramlington to the south. The parish of Bedlington constituted the historic exclave of County Durham called Bedlingtonshire. It is famous for giving its name to a breed of dog - the Bedlington Terrier. The place-name 'Bedlington' is first attested c. 1050 in a biography of Saint Cuthbert, where it appears as 'Bedlingtun'. The name means 'the town of Bedla's people'. Bedlington was an industrial town with an iron works and several coal mines. However in more recent times the town has undergone many changes, and is now more of a dormitory town. Bedlington and the hamlets belonging to it were bought by Cutheard, bishop of Durham, between 900 and 915, and although locally situated in the county of Northumberland became part of the county palatine (from Lat. palatium, a palace) of Durham over which Bishop Walcher was granted royal rights by William the Conqueror. When these rights were taken from Cuthbert Tunstall,

 
 

Bedlington Map

Estimated Price: £141,897
Average Asking Price: £157,128
Price change in last one year: £5,377
Average Price Paid: £119,789
Average Rent Rates: £464

 
 

Property Prices Breakdown in Bedlington

Average Price for property in Bedlington is around £141,897 which varies based on type of property you are interested in and ranges from £217,796 for detached house to around £115,360 for semi-detached. Similarly terraced house is around £96,422 and a flat is worth £72,789. Values have been changing and have risen £1,078 in last 3 months alone. Similar historical trend can be observed in price changes e.g. prices changed £4,011 in last 6 months, £5,377 in last 1 year, £13,678 in last 2 years, £18,497 in last 3 years, £6,455 in last 4 years and £2,525 in last 5 years.

Currently average asking price of a property in Bedlington is around £157,128 based on approximately 160 properties for sale. Same is the case with rental options based on 42 properties up for rent, average asking rent is around £464 per month.

Estimated property value in Bedlington is £141,897. Average asking price is £157,128 while average price paid is £120,992 which is up by £5,377 and Avg. asking rent £464.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 Bedlington area. In last 1 year alone average price buyer paid is around £120,992 based on approximately 160 sales in Bedlington area alone. If you compare it to last 3 years sales of 513 properties where buyers paid around £113,836. 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 £119,789 for 833 and average amount paid for purchase of approx. 1,217 properties sold in last 7 years comes to about £123,764 per sale.

 
 

Properties For Sale in Bedlington

 
 

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 £80,000, £101,322 for a 2 bedroom house, £139,139 for a 3 bedroom house, £240,745 for a 4 bedroom house and £354,967 for a 5 bedroom house. For a flat similarly the prices varies from £56,300 for a single bedroom to £111,999 for a 2 bedroom Flat. Same is the case with 3 bedroom flat £83,792. To sum up the asking prices for properties in Bedlington it comes to around average £62,225 for 1 bedroom property, £107,047 for 2 bedroom, £135,490 for 3 bedroom, £240,745 for 4 bedroom and £354,967 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 £433 for 2 bedroom to £593 for 3 bedroom and £849 for 4 bedroom. But if you are interested in renting a 1 bedroom flat then rent per month can be around £325. As the no. of bedroom increase so will the rent e.g. for a 2 bedroom flat it will be around £403 and £399 for 3 bedroom. You should be generally be expecting around average £325 rent per month for single bedroom property, £409 for 2 bedroom, £544 for 3 bedroom and approximately £849 for 4 bedroom property in Bedlington area.

Popular Houses in Bedlington

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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