Average Price for property in Gillas Lane West, Houghton Le Spring, DH5 is around £273,774 which varies based on type of property you are interested in and ranges from £284,818 for detached house to around £245,059 for semi-detached. Values have been changing and have risen £1,971 in last 3 months alone. Similar historical trend can be observed in price changes e.g. prices changed £6,760 in last 6 months, £15,724 in last 1 year, £21,855 in last 2 years, £25,575 in last 3 years, £17,364 in last 4 years and £14,785 in last 5 years.
Currently average asking price of a property in Gillas Lane West, Houghton Le Spring, DH5 is around £142,535 based on approximately 0 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 West, Houghton Le Spring, DH5 is £273,774. Average asking price is £142,535 while average price paid is £293,737 which is up by £25,575 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 West, Houghton Le Spring, DH5 area. In last 3 years alone average price buyer paid is around £293,737 based on approximately 4 sales in Gillas Lane West, Houghton Le Spring, DH5 area alone. If you compare it to last 5 years sales of 6 properties where buyers paid around £272,324. It has been same for some time now for e.g. if you take an average of amount paid in last 7 years, it comes to around £254,868 for 8 per sale.