Average Price for property in Billingham is around £161,521 which varies based on type of property you are interested in and ranges from £287,266 for detached house to around £118,203 for semi-detached. Similarly terraced house is around £98,970 and a flat is worth £100,954. Values have been changing and have risen £652 in last 3 months alone. Similar historical trend can be observed in price changes e.g. prices changed £429 in last 6 months, £5,428 in last 1 year, £10,271 in last 2 years, £8,645 in last 3 years, £10,859 in last 4 years and £8,334 in last 5 years.
Currently average asking price of a property in Billingham is around £181,052 based on approximately 404 properties for sale. Same is the case with rental options based on 32 properties up for rent, average asking rent is around £820 per month.
Estimated property value in Billingham is £161,521. Average asking price is £181,052 while average price paid is £166,945 which is up by £5,428 and Avg. asking rent £820.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 Billingham area. In last 1 year alone average price buyer paid is around £166,945 based on approximately 404 sales in Billingham area alone. If you compare it to last 3 years sales of 1,179 properties where buyers paid around £153,263. 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 £149,874 for 1,937 and average amount paid for purchase of approx. 2,668 properties sold in last 7 years comes to about £150,475 per sale.