Average Price for property in Derwent Terrace, Washington, NE38 is around £94,262 which varies based on type of property you are interested in and ranges from £109,879 for terraced house to around £82,550 for a flat. Values have been changing and have risen £184 in last 3 months alone. Similar historical trend can be observed in price changes e.g. prices changed £858 in last 6 months, £5,062 in last 1 year, £6,804 in last 2 years, £10,996 in last 3 years, £7,047 in last 4 years and £4,906 in last 5 years.
Currently average asking price of a property in Derwent Terrace, Washington, NE38 is around £173,633 based on approximately 0 properties for sale. Same is the case with rental options based on 29 properties up for rent, average asking rent is around £615 per month.
Estimated property value in Derwent Terrace, Washington, NE38 is £94,262. Average asking price is £173,633 while average price paid is £55,000 which is up by £4,906 and Avg. asking rent £615.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 Derwent Terrace, Washington, NE38 area. In last 5 years alone average price buyer paid is around £55,000 based on approximately 1 sales in Derwent Terrace, Washington, NE38 area alone. If you compare it to last 7 years sales of 2 properties where buyers paid around £72,475.