Average Price for property in Central Drive, Spennymoor, DL16 is around £73,812 which varies based on type of property you are interested in and ranges from £79,805 for semi-detached to around £65,093 for terraced house. Values have been changing and have risen £572 in last 3 months alone. Similar historical trend can be observed in price changes e.g. prices changed £1,546 in last 6 months, £1,079 in last 1 year, £3,519 in last 2 years, £2,822 in last 3 years, £1,473 in last 4 years and £1,123 in last 5 years.
Currently average asking price of a property in Central Drive, 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 Central Drive, Spennymoor, DL16 is £73,812. Average asking price is £158,746 while average price paid is £57,475 which is up by £1,079 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 Central Drive, Spennymoor, DL16 area. In last 1 year alone average price buyer paid is around £57,475 based on approximately 2 sales in Central Drive, Spennymoor, DL16 area alone. If you compare it to last 3 years sales of 4 properties where buyers paid around £54,737. 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 £59,790 for 5 and average amount paid for purchase of approx. 8 properties sold in last 7 years comes to about £63,743 per sale.