Values have been changing and have risen £918 in last 3 months alone. Similar historical trend can be observed in price changes e.g. prices changed £3,234 in last 6 months, £5,060 in last 1 year, £7,760 in last 2 years, £9,810 in last 3 years, £7,912 in last 4 years and £5,737 in last 5 years.
Currently average asking price of a property in Bek Road, Durham, DH1 is around £284,042 based on approximately 1 properties for sale. Same is the case with rental options based on 218 properties up for rent, average asking rent is around £925 per month.
Estimated property value in Bek Road, Durham, DH1 is £124,428. Average asking price is £284,042 while average price paid is £115,000 which is up by £5,060 and Avg. asking rent £925.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 Bek Road, Durham, DH1 area. In last 1 year alone average price buyer paid is around £115,000 based on approximately 1 sales in Bek Road, Durham, DH1 area alone. If you compare it to last 3 years sales of 12 properties where buyers paid around £105,454. 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 £109,158 for 18 and average amount paid for purchase of approx. 23 properties sold in last 7 years comes to about £109,023 per sale.