Average Price for property in Farndale, Spennymoor, DL16 is around £125,292 which varies based on type of property you are interested in and ranges from £149,025 for detached house to around £114,744 for semi-detached. Values have been changing and have risen £1,026 in last 3 months alone. Similar historical trend can be observed in price changes e.g. prices changed £2,771 in last 6 months, £1,931 in last 1 year, £6,299 in last 2 years, £5,045 in last 3 years, £2,627 in last 4 years and £1,993 in last 5 years.
Currently average asking price of a property in Farndale, Spennymoor, DL16 is around £158,746 based on approximately 0 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 Farndale, Spennymoor, DL16 is £125,292. Average asking price is £158,746 while average price paid is £127,666 which is up by £1,993 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 Farndale, Spennymoor, DL16 area. In last 5 years alone average price buyer paid is around £127,666 based on approximately 3 sales in Farndale, Spennymoor, DL16 area alone. If you compare it to last 7 years sales of 4 properties where buyers paid around £127,000.