Average Price for property in Bell Street, Penshaw, Houghton Le Spring, DH4 is around £95,297 which varies based on type of property you are interested in and ranges from £113,664 for semi-detached to around £87,134 for terraced house. Values have been changing and have risen £354 in last 3 months alone. Similar historical trend can be observed in price changes e.g. prices changed £1,810 in last 6 months, £5,743 in last 1 year, £6,428 in last 2 years, £7,374 in last 3 years, £4,676 in last 4 years and £4,287 in last 5 years.
Currently average asking price of a property in Bell Street, Penshaw, Houghton Le Spring, DH4 is around £170,644 based on approximately 1 properties for sale. Same is the case with rental options based on 57 properties up for rent, average asking rent is around £543 per month.
Estimated property value in Bell Street, Penshaw, Houghton Le Spring, DH4 is £95,297. Average asking price is £170,644 while average price paid is £78,000 which is up by £5,743 and Avg. asking rent £543.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 Bell Street, Penshaw, Houghton Le Spring, DH4 area. In last 1 year alone average price buyer paid is around £78,000 based on approximately 1 sales in Bell Street, Penshaw, Houghton Le Spring, DH4 area alone. If you compare it to last 3 years sales of 5 properties where buyers paid around £71,900. 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 £68,910 for 7 and average amount paid for purchase of approx. 9 properties sold in last 7 years comes to about £83,041 per sale.