Average Price for property in Durham Road, Spennymoor, DL16 is around £100,998 which varies based on type of property you are interested in and ranges from £248,071 for detached house to around £99,288 for semi-detached. Similarly terraced house is around £90,773 and a flat is worth £66,275. Values have been changing and have risen £838 in last 3 months alone. Similar historical trend can be observed in price changes e.g. prices changed £2,264 in last 6 months, £1,582 in last 1 year, £5,154 in last 2 years, £4,129 in last 3 years, £2,152 in last 4 years and £1,635 in last 5 years.
Currently average asking price of a property in Durham Road, Spennymoor, DL16 is around £158,746 based on approximately 3 properties for sale. Same is the case with rental options based on 42 properties up for rent, average asking rent is around £1,279 per month.
Estimated property value in Durham Road, Spennymoor, DL16 is £100,998. Average asking price is £158,746 while average price paid is £68,666 which is up by £1,582 and Avg. asking rent £1,279.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, Spennymoor, DL16 area. In last 1 year alone average price buyer paid is around £68,666 based on approximately 3 sales in Durham Road, Spennymoor, DL16 area alone. If you compare it to last 3 years sales of 20 properties where buyers paid around £89,912. 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 £89,974 for 31 and average amount paid for purchase of approx. 40 properties sold in last 7 years comes to about £92,973 per sale.