Average Price for property in Bowes Grove, Spennymoor, DL16 is around £114,508 which varies based on type of property you are interested in and ranges from £118,008 for detached house to around £112,942 for semi-detached. Similarly terraced house is around £121,465. Values have been changing and have risen £937 in last 3 months alone. Similar historical trend can be observed in price changes e.g. prices changed £2,530 in last 6 months, £1,765 in last 1 year, £5,752 in last 2 years, £4,606 in last 3 years, £2,395 in last 4 years and £1,817 in last 5 years.
Currently average asking price of a property in Bowes Grove, Spennymoor, DL16 is around £158,746 based on approximately 4 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 Bowes Grove, Spennymoor, DL16 is £114,508. Average asking price is £158,746 while average price paid is £112,750 which is up by £1,765 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 Bowes Grove, Spennymoor, DL16 area. In last 1 year alone average price buyer paid is around £112,750 based on approximately 4 sales in Bowes Grove, Spennymoor, DL16 area alone. If you compare it to last 3 years sales of 6 properties where buyers paid around £104,333. 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 £107,285 for 7 and average amount paid for purchase of approx. 9 properties sold in last 7 years comes to about £105,166 per sale.