Average Price for property in George Terrace, Bearpark, Durham, DH7 is around £102,483 which varies based on type of property you are interested in and ranges from £286,514 for detached house to around £84,079 for terraced house. Values have been changing and have risen £683 in last 3 months alone. Similar historical trend can be observed in price changes e.g. prices changed £2,623 in last 6 months, £6,400 in last 1 year, £7,429 in last 2 years, £10,162 in last 3 years, £6,881 in last 4 years and £5,567 in last 5 years.
Currently average asking price of a property in George Terrace, Bearpark, Durham, DH7 is around £152,327 based on approximately 1 properties for sale. Same is the case with rental options based on 115 properties up for rent, average asking rent is around £604 per month.
Estimated property value in George Terrace, Bearpark, Durham, DH7 is £102,483. Average asking price is £152,327 while average price paid is £56,000 which is up by £6,400 and Avg. asking rent £604.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 George Terrace, Bearpark, Durham, DH7 area. In last 1 year alone average price buyer paid is around £56,000 based on approximately 1 sales in George Terrace, Bearpark, Durham, DH7 area alone. If you compare it to last 3 years sales of 2 properties where buyers paid around £52,975. 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 £73,650 for 3 and average amount paid for purchase of approx. 4 properties sold in last 7 years comes to about £72,765 per sale.