Average Price for property in Gillas Lane East, Houghton Le Spring, DH5 is around £230,696 which varies based on type of property you are interested in and ranges from £248,728 for detached house to around £198,237 for semi-detached. Values have been changing and have risen £1,618 in last 3 months alone. Similar historical trend can be observed in price changes e.g. prices changed £5,546 in last 6 months, £12,900 in last 1 year, £17,929 in last 2 years, £20,981 in last 3 years, £14,245 in last 4 years and £12,132 in last 5 years.
Currently average asking price of a property in Gillas Lane East, Houghton Le Spring, DH5 is around £142,535 based on approximately 1 properties for sale. Same is the case with rental options based on 45 properties up for rent, average asking rent is around £505 per month.
Estimated property value in Gillas Lane East, Houghton Le Spring, DH5 is £230,696. Average asking price is £142,535 while average price paid is £140,000 which is up by £12,900 and Avg. asking rent £505.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 Gillas Lane East, Houghton Le Spring, DH5 area. In last 1 year alone average price buyer paid is around £140,000 based on approximately 1 sales in Gillas Lane East, Houghton Le Spring, DH5 area alone. If you compare it to last 3 years sales of 2 properties where buyers paid around £191,250. 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 £218,937 for 4 and average amount paid for purchase of approx. 5 properties sold in last 7 years comes to about £216,150 per sale.