Average Price for property in Birchmere, Spennymoor, DL16 is around £145,213 which varies based on type of property you are interested in and ranges from £182,071 for detached house to around £118,885 for semi-detached. Values have been changing and have risen £1,189 in last 3 months alone. Similar historical trend can be observed in price changes e.g. prices changed £3,209 in last 6 months, £2,236 in last 1 year, £7,294 in last 2 years, £5,840 in last 3 years, £3,037 in last 4 years and £2,301 in last 5 years.
Currently average asking price of a property in Birchmere, Spennymoor, DL16 is around £158,746 based on approximately 2 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 Birchmere, Spennymoor, DL16 is £145,213. Average asking price is £158,746 while average price paid is £133,725 which is up by £2,236 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 Birchmere, Spennymoor, DL16 area. In last 1 year alone average price buyer paid is around £133,725 based on approximately 2 sales in Birchmere, Spennymoor, DL16 area alone. If you compare it to last 3 years sales of 2 properties where buyers paid around £133,725. 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 £129,983 for 3 and average amount paid for purchase of approx. 6 properties sold in last 7 years comes to about £112,158 per sale.