Average Price for property in Farncombe Terrace, Evenwood, Bishop Auckland, DL14 is around £63,505 e.g. average price for terraced house is around 63,505. Values have been changing and have risen £332 in last 3 months alone. Similar historical trend can be observed in price changes e.g. prices changed £1,004 in last 6 months, £1,245 in last 1 year, £5,190 in last 2 years, £4,148 in last 3 years, £1,845 in last 4 years and £1,087 in last 5 years.
Currently average asking price of a property in Farncombe Terrace, Evenwood, Bishop Auckland, DL14 is around £145,685 based on approximately 3 properties for sale. Same is the case with rental options based on 175 properties up for rent, average asking rent is around £500 per month.
Estimated property value in Farncombe Terrace, Evenwood, Bishop Auckland, DL14 is £63,505. Average asking price is £145,685 while average price paid is £56,666 which is up by £1,245 and Avg. asking rent £500.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 Farncombe Terrace, Evenwood, Bishop Auckland, DL14 area. In last 1 year alone average price buyer paid is around £56,666 based on approximately 3 sales in Farncombe Terrace, Evenwood, Bishop Auckland, DL14 area alone. If you compare it to last 3 years sales of 5 properties where buyers paid around £50,000. 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 £52,500 for 6 and average amount paid for purchase of approx. 8 properties sold in last 7 years comes to about £56,000 per sale.