Average Price for property in Bishop Auckland is around £127,002 which varies based on type of property you are interested in and ranges from £210,186 for detached house to around £121,058 for semi-detached. Similarly terraced house is around £85,755 and a flat is worth £96,613. Values have been changing and have risen £443 in last 3 months alone. Similar historical trend can be observed in price changes e.g. prices changed £124 in last 6 months, £3,669 in last 1 year, £12,943 in last 2 years, £9,851 in last 3 years, £4,767 in last 4 years and £6,846 in last 5 years.
Currently average asking price of a property in Bishop Auckland is around £161,273 based on approximately 585 properties for sale. Same is the case with rental options based on 224 properties up for rent, average asking rent is around £489 per month.
Estimated property value in Bishop Auckland is £127,002. Average asking price is £161,273 while average price paid is £110,491 which is up by £3,669 and Avg. asking rent £489.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 Bishop Auckland area. In last 1 year alone average price buyer paid is around £110,491 based on approximately 585 sales in Bishop Auckland area alone. If you compare it to last 3 years sales of 1,620 properties where buyers paid around £109,415. 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 £112,967 for 2,730 and average amount paid for purchase of approx. 4,021 properties sold in last 7 years comes to about £114,547 per sale.