Dringhouses property prices still volatile

click to enlarge

Although there has been some movement over the last few months in the housing market in Dringhouses, prices remain volatile.

Large developments are influencing prices

A 5 bedroomed chain free property in Wordsworth Crescent is available for £229K.

In the rental market a 1 bedroomed property in Walker Drive is available for £495 pcm. In Vincent Way a 3 bedroomed house is available for £695 pcm.

The latest House Price Index from Land Registry shows that house prices fell over the last year by -0.6 per cent. The number of property sales has increased slightly over the past 12 months, from an average of 57,334 sales per month from September to December 2010, to 60,392 in the same period a year later.

In Dringhouses the average price for a 2 bed property is now £169K having reduced over recent months.

Rentals for most properties have fallen although demand has pushed the average letting price for 3 bedroomed properties up to £906 pcm

Rental prices: Click to enlarge

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