Average Price for property in Elmfield, Hetton-Le-Hole, Houghton Le Spring, DH5 is around £194,842 which varies based on type of property you are interested in and ranges from £198,017 for detached house to around £185,678 for semi-detached. Similarly terraced house is around £163,762. Values have been changing and have risen £1,408 in last 3 months alone. Similar historical trend can be observed in price changes e.g. prices changed £4,826 in last 6 months, £11,224 in last 1 year, £15,600 in last 2 years, £18,255 in last 3 years, £12,396 in last 4 years and £10,558 in last 5 years.
Currently average asking price of a property in Elmfield, Hetton-Le-Hole, Houghton Le Spring, DH5 is around £142,535 based on approximately 1 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 Elmfield, Hetton-Le-Hole, Houghton Le Spring, DH5 is £194,842. Average asking price is £142,535 while average price paid is £200,000 which is up by £11,224 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 Elmfield, Hetton-Le-Hole, Houghton Le Spring, DH5 area. In last 1 year alone average price buyer paid is around £200,000 based on approximately 1 sales in Elmfield, Hetton-Le-Hole, Houghton Le Spring, DH5 area alone. If you compare it to last 3 years sales of 4 properties where buyers paid around £168,112. 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 £168,112 for 4 and average amount paid for purchase of approx. 7 properties sold in last 7 years comes to about £173,207 per sale.