Durham Road, Houghton Le Spring, DH5

Street Guide For Durham Road, Houghton Le Spring, DH5

 

Durham Road, Houghton Le Spring, DH5 Map

Estimated Price: £234,878
Average Asking Price: £142,535
Price change in last one year: £13,793
Average Price Paid: £228,000
Average Rent Rates: £505

 

Property Prices Breakdown in Durham Road, Houghton Le Spring, DH5

Average Price for property in Durham Road, Houghton Le Spring, DH5 is around £234,878 which varies based on type of property you are interested in and ranges from £256,257 for detached house to around £208,154 for semi-detached. Values have been changing and have risen £1,729 in last 3 months alone. Similar historical trend can be observed in price changes e.g. prices changed £5,930 in last 6 months, £13,793 in last 1 year, £19,168 in last 2 years, £22,431 in last 3 years, £15,228 in last 4 years and £12,966 in last 5 years.

Currently average asking price of a property in Durham Road, Houghton Le Spring, DH5 is around £142,535 based on approximately 0 properties for sale. Same is the case with rental options based on 45 properties up for rent, average asking rent is around £505 per month.

Estimated property value in Durham Road, Houghton Le Spring, DH5 is £234,878. Average asking price is £142,535 while average price paid is £228,000 which is up by £22,431 and Avg. asking rent £505.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 Durham Road, Houghton Le Spring, DH5 area. In last 3 years alone average price buyer paid is around £228,000 based on approximately 1 sales in Durham Road, Houghton Le Spring, DH5 area alone. If you compare it to last 5 years sales of 1 properties where buyers paid around £228,000. 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 £228,000 for 1 per sale.

 
 

Breakdown of asking prices for homes of different sizes show that price varies clearly based on no of bedrooms and type of house. Asking price for a house with 1 bedroom is around £43,725, £93,326 for a 2 bedroom house, £128,661 for a 3 bedroom house, £218,981 for a 4 bedroom house and £348,667 for a 5 bedroom house. For a flat similarly the prices varies from £40,000 for a single bedroom to £78,983 for a 2 bedroom Flat. To sum up the asking prices for properties in Durham Road, Houghton Le Spring, DH5 it comes to around average £42,483 for 1 bedroom property, £92,684 for 2 bedroom, £128,661 for 3 bedroom, £218,981 for 4 bedroom and £348,667 for a 5 bedroom property.

Rent per calendar month varies similarly based on type and size of the house. If you look at the rents per month for houses alone it can vary from £386 for 1 bedroom to £412 for 2 bedroom, £663 for 3 bedroom and £702 for 4 bedroom. But if you are interested in renting a 1 bedroom flat then rent per month can be around £383. As the no. of bedroom increase so will the rent e.g. for a 2 bedroom flat it will be around £420 and £550 for 3 bedroom. You should be generally be expecting around average £384 rent per month for single bedroom property, £414 for 2 bedroom, £654 for 3 bedroom and approximately £702 for 4 bedroom property in Durham Road, Houghton Le Spring, DH5 area.

Popular Houses in Durham Road, Houghton Le Spring, DH5

Disclaimer : Location real estate estimates and values are based on House price index background data and Sales data provided by United Kingdom Land registry Records available as public records from their website. This information is updated monthly on our website and may not reflect all public transactions. This information is based on estimated calculation generated from our developed algorithms. We are striving to make this information as accurate and useful as possible. This data covers the transactions received at Land Registry in the period 1/1/1995 to 9/1/2014. © Crown copyright 2014. Data produced by Land Registry © Crown copyright 2014.

Areas in and around Durham Road, Houghton Le Spring, DH5