Average Price for property in Bamburgh Parade, Spennymoor, DL16 is around £72,940 e.g. average price for a flat is around 72,940. Values have been changing and have risen £597 in last 3 months alone. Similar historical trend can be observed in price changes e.g. prices changed £1,610 in last 6 months, £1,127 in last 1 year, £3,670 in last 2 years, £2,943 in last 3 years, £1,537 in last 4 years and £1,171 in last 5 years.
Currently average asking price of a property in Bamburgh Parade, Spennymoor, DL16 is around £158,746 based on approximately 1 properties for sale. Same is the case with rental options based on 42 properties up for rent, average asking rent is around £1,279 per month.
Estimated property value in Bamburgh Parade, Spennymoor, DL16 is £72,940. Average asking price is £158,746 while average price paid is £56,500 which is up by £1,127 and Avg. asking rent £1,279.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 Bamburgh Parade, Spennymoor, DL16 area. In last 1 year alone average price buyer paid is around £56,500 based on approximately 1 sales in Bamburgh Parade, Spennymoor, DL16 area alone. If you compare it to last 3 years sales of 1 properties where buyers paid around £56,500. 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 £56,500 for 1 and average amount paid for purchase of approx. 1 properties sold in last 7 years comes to about £56,500 per sale.