Average Price for property in Burnmere, Spennymoor, DL16 is around £125,890 which varies based on type of property you are interested in and ranges from £158,364 for detached house to around £117,771 for semi-detached. Values have been changing and have risen £994 in last 3 months alone. Similar historical trend can be observed in price changes e.g. prices changed £2,684 in last 6 months, £1,869 in last 1 year, £6,099 in last 2 years, £4,883 in last 3 years, £2,539 in last 4 years and £1,926 in last 5 years.
Currently average asking price of a property in Burnmere, Spennymoor, DL16 is around £158,746 based on approximately 1 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 Burnmere, Spennymoor, DL16 is £125,890. Average asking price is £158,746 while average price paid is £92,500 which is up by £1,869 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 Burnmere, Spennymoor, DL16 area. In last 1 year alone average price buyer paid is around £92,500 based on approximately 1 sales in Burnmere, Spennymoor, DL16 area alone. If you compare it to last 3 years sales of 1 properties where buyers paid around £92,500. 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 £92,500 for 1 and average amount paid for purchase of approx. 1 properties sold in last 7 years comes to about £92,500 per sale.