Average Price for property in Gilesgate, Gilesgate, Durham, DH1 is around £297,207 which varies based on type of property you are interested in and ranges from £426,683 for detached house to around £260,245 for semi-detached. Similarly terraced house is around £304,069 and a flat is worth £173,283. Values have been changing and have risen £2,133 in last 3 months alone. Similar historical trend can be observed in price changes e.g. prices changed £7,507 in last 6 months, £11,743 in last 1 year, £18,004 in last 2 years, £22,757 in last 3 years, £18,341 in last 4 years and £13,280 in last 5 years.
Currently average asking price of a property in Gilesgate, Gilesgate, Durham, DH1 is around £283,644 based on approximately 4 properties for sale. Same is the case with rental options based on 221 properties up for rent, average asking rent is around £923 per month.
Estimated property value in Gilesgate, Gilesgate, Durham, DH1 is £297,207. Average asking price is £283,644 while average price paid is £373,750 which is up by £11,743 and Avg. asking rent £923.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 Gilesgate, Gilesgate, Durham, DH1 area. In last 1 year alone average price buyer paid is around £373,750 based on approximately 4 sales in Gilesgate, Gilesgate, Durham, DH1 area alone. If you compare it to last 3 years sales of 18 properties where buyers paid around £236,180. 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 £236,586 for 26 and average amount paid for purchase of approx. 29 properties sold in last 7 years comes to about £239,309 per sale.