Average Price for property in Consett is around £132,026 which varies based on type of property you are interested in and ranges from £216,706 for detached house to around £117,310 for semi-detached. Similarly terraced house is around £90,429 and a flat is worth £89,731. Values have been changing and have risen £516 in last 3 months alone. Similar historical trend can be observed in price changes e.g. prices changed £1,946 in last 6 months, £6,514 in last 1 year, £11,911 in last 2 years, £12,327 in last 3 years, £12,579 in last 4 years and £2,625 in last 5 years.
Currently average asking price of a property in Consett is around £155,626 based on approximately 422 properties for sale. Same is the case with rental options based on 145 properties up for rent, average asking rent is around £504 per month.
Estimated property value in Consett is £132,026. Average asking price is £155,626 while average price paid is £124,557 which is up by £6,514 and Avg. asking rent £504.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 Consett area. In last 1 year alone average price buyer paid is around £124,557 based on approximately 422 sales in Consett area alone. If you compare it to last 3 years sales of 1,382 properties where buyers paid around £121,249. 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 £120,990 for 2,348 and average amount paid for purchase of approx. 3,265 properties sold in last 7 years comes to about £121,982 per sale.