Average Price for property in Durham Road, Middlestone Moor, Spennymoor, DL16 is around £90,726 which varies based on type of property you are interested in and ranges from £93,724 for semi-detached to around £89,869 for terraced house. Values have been changing and have risen £742 in last 3 months alone. Similar historical trend can be observed in price changes e.g. prices changed £2,004 in last 6 months, £1,399 in last 1 year, £4,560 in last 2 years, £3,653 in last 3 years, £1,903 in last 4 years and £1,446 in last 5 years.
Currently average asking price of a property in Durham Road, Middlestone Moor, Spennymoor, DL16 is around £159,395 based on approximately 1 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 Durham Road, Middlestone Moor, Spennymoor, DL16 is £90,726. Average asking price is £159,395 while average price paid is £76,000 which is up by £1,399 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 Durham Road, Middlestone Moor, Spennymoor, DL16 area. In last 1 year alone average price buyer paid is around £76,000 based on approximately 1 sales in Durham Road, Middlestone Moor, Spennymoor, DL16 area alone. If you compare it to last 3 years sales of 2 properties where buyers paid around £52,500. 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 £52,500 for 2 and average amount paid for purchase of approx. 2 properties sold in last 7 years comes to about £52,500 per sale.