Average Price for property in Gibside, Chester Le Street, DH2 is around £100,084 which varies based on type of property you are interested in and ranges from £104,170 for semi-detached to around £98,970 for terraced house. Values have been changing and have risen £187 in last 3 months alone. Similar historical trend can be observed in price changes e.g. prices changed £1,400 in last 6 months, £3,853 in last 1 year, £6,008 in last 2 years, £7,134 in last 3 years, £4,233 in last 4 years and £3,496 in last 5 years.
Currently average asking price of a property in Gibside, Chester Le Street, DH2 is around £135,957 based on approximately 2 properties for sale. Same is the case with rental options based on 38 properties up for rent, average asking rent is around £457 per month.
Estimated property value in Gibside, Chester Le Street, DH2 is £100,084. Average asking price is £135,957 while average price paid is £99,500 which is up by £3,853 and Avg. asking rent £457.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 Gibside, Chester Le Street, DH2 area. In last 1 year alone average price buyer paid is around £99,500 based on approximately 2 sales in Gibside, Chester Le Street, DH2 area alone. If you compare it to last 3 years sales of 5 properties where buyers paid around £88,700. 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 £91,312 for 8 and average amount paid for purchase of approx. 8 properties sold in last 7 years comes to about £91,312 per sale.