Average Price for property in Gore Hill Estate, Thornley, Durham, DH6 is around £63,703 which varies based on type of property you are interested in and ranges from £65,021 for semi-detached to around £49,869 for terraced house. Values have been changing and have risen £127 in last 3 months alone. Similar historical trend can be observed in price changes e.g. prices changed £33 in last 6 months, £1,877 in last 1 year, £3,425 in last 2 years, £3,909 in last 3 years, £1,928 in last 4 years and £2,483 in last 5 years.
Currently average asking price of a property in Gore Hill Estate, Thornley, Durham, DH6 is around £118,142 based on approximately 4 properties for sale. Same is the case with rental options based on 109 properties up for rent, average asking rent is around £506 per month.
Estimated property value in Gore Hill Estate, Thornley, Durham, DH6 is £63,703. Average asking price is £118,142 while average price paid is £51,875 which is up by £1,877 and Avg. asking rent £506.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 Gore Hill Estate, Thornley, Durham, DH6 area. In last 1 year alone average price buyer paid is around £51,875 based on approximately 4 sales in Gore Hill Estate, Thornley, Durham, DH6 area alone. If you compare it to last 3 years sales of 6 properties where buyers paid around £52,916. 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 £52,916 for 6 and average amount paid for purchase of approx. 10 properties sold in last 7 years comes to about £62,744 per sale.