Values have been changing and have risen £215 in last 3 months alone. Similar historical trend can be observed in price changes e.g. prices changed £1,178 in last 6 months, £7,032 in last 1 year, £10,327 in last 2 years, £12,134 in last 3 years, £9,577 in last 4 years and £4,623 in last 5 years.
Currently average asking price of a property in Front Street, Shotley Bridge, Consett, DH8 is around £156,889 based on approximately 1 properties for sale. Same is the case with rental options based on 137 properties up for rent, average asking rent is around £508 per month.
Estimated property value in Front Street, Shotley Bridge, Consett, DH8 is £151,200. Average asking price is £156,889 while average price paid is £90,000 which is up by £7,032 and Avg. asking rent £508.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 Front Street, Shotley Bridge, Consett, DH8 area. In last 1 year alone average price buyer paid is around £90,000 based on approximately 1 sales in Front Street, Shotley Bridge, Consett, DH8 area alone. If you compare it to last 3 years sales of 1 properties where buyers paid around £90,000. 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 £95,000 for 2 and average amount paid for purchase of approx. 3 properties sold in last 7 years comes to about £95,833 per sale.