Average Price for property in Edward Street, Spennymoor, DL16 is around £69,432 which varies based on type of property you are interested in and ranges from £100,911 for detached house to around £67,011 for terraced house. Values have been changing and have risen £560 in last 3 months alone. Similar historical trend can be observed in price changes e.g. prices changed £1,514 in last 6 months, £1,058 in last 1 year, £3,449 in last 2 years, £2,765 in last 3 years, £1,443 in last 4 years and £1,099 in last 5 years.
Currently average asking price of a property in Edward Street, Spennymoor, DL16 is around £158,746 based on approximately 2 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 Edward Street, Spennymoor, DL16 is £69,432. Average asking price is £158,746 while average price paid is £61,000 which is up by £1,058 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 Edward Street, Spennymoor, DL16 area. In last 1 year alone average price buyer paid is around £61,000 based on approximately 2 sales in Edward Street, Spennymoor, DL16 area alone. If you compare it to last 3 years sales of 4 properties where buyers paid around £60,000. 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 £60,000 for 5 and average amount paid for purchase of approx. 8 properties sold in last 7 years comes to about £65,250 per sale.