Average Price for property in Front Street West, Penshaw, Houghton Le Spring, DH4 is around £82,209 which varies based on type of property you are interested in and ranges from £47,731 for semi-detached to around £82,209 for terraced house. Values have been changing and have risen £287 in last 3 months alone. Similar historical trend can be observed in price changes e.g. prices changed £1,464 in last 6 months, £4,643 in last 1 year, £5,196 in last 2 years, £5,960 in last 3 years, £3,781 in last 4 years and £3,468 in last 5 years.
Currently average asking price of a property in Front Street West, Penshaw, Houghton Le Spring, DH4 is around £170,644 based on approximately 1 properties for sale. Same is the case with rental options based on 57 properties up for rent, average asking rent is around £543 per month.
Estimated property value in Front Street West, Penshaw, Houghton Le Spring, DH4 is £82,209. Average asking price is £170,644 while average price paid is £43,000 which is up by £4,643 and Avg. asking rent £543.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 West, Penshaw, Houghton Le Spring, DH4 area. In last 1 year alone average price buyer paid is around £43,000 based on approximately 1 sales in Front Street West, Penshaw, Houghton Le Spring, DH4 area alone. If you compare it to last 3 years sales of 3 properties where buyers paid around £54,333. 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 £65,600 for 5 and average amount paid for purchase of approx. 7 properties sold in last 7 years comes to about £69,000 per sale.