Average Price for property in Church Close, Kirk Merrington, Spennymoor, DL16 is around £101,517 which varies based on type of property you are interested in and ranges from £114,485 for semi-detached to around £99,665 for terraced house. Values have been changing and have risen £780 in last 3 months alone. Similar historical trend can be observed in price changes e.g. prices changed £2,106 in last 6 months, £1,467 in last 1 year, £4,787 in last 2 years, £3,835 in last 3 years, £1,996 in last 4 years and £1,515 in last 5 years.
Currently average asking price of a property in Church Close, Kirk Merrington, Spennymoor, DL16 is around £159,395 based on approximately 0 properties for sale. Same is the case with rental options based on 43 properties up for rent, average asking rent is around £1,265 per month.
Estimated property value in Church Close, Kirk Merrington, Spennymoor, DL16 is £101,517. Average asking price is £159,395 while average price paid is £66,500 which is up by £3,835 and Avg. asking rent £1,265.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 Church Close, Kirk Merrington, Spennymoor, DL16 area. In last 3 years alone average price buyer paid is around £66,500 based on approximately 1 sales in Church Close, Kirk Merrington, Spennymoor, DL16 area alone. If you compare it to last 5 years sales of 2 properties where buyers paid around £86,750. It has been same for some time now for e.g. if you take an average of amount paid in last 7 years, it comes to around £86,750 for 2 per sale.