Average Price for property in Fern Grove, Spennymoor, DL16 is around £63,196 e.g. average price for terraced house is around 63,196. Values have been changing and have risen £495 in last 3 months alone. Similar historical trend can be observed in price changes e.g. prices changed £1,338 in last 6 months, £936 in last 1 year, £3,051 in last 2 years, £2,447 in last 3 years, £1,282 in last 4 years and £978 in last 5 years.
Currently average asking price of a property in Fern Grove, 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 Fern Grove, Spennymoor, DL16 is £63,196. Average asking price is £158,746 while average price paid is £58,533 which is up by £2,447 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 Fern Grove, Spennymoor, DL16 area. In last 3 years alone average price buyer paid is around £58,533 based on approximately 3 sales in Fern Grove, Spennymoor, DL16 area alone. If you compare it to last 5 years sales of 3 properties where buyers paid around £58,533. It has been same for some time now for e.g. if you take an average of amount paid in last 7 years, it comes to around £58,533 for 3 per sale.