Average Price for property in Houghton Le Spring is around £135,715 which varies based on type of property you are interested in and ranges from £228,809 for detached house to around £119,728 for semi-detached. Similarly terraced house is around £84,982 and a flat is worth £91,774. Values have been changing and have risen £198 in last 3 months alone. Similar historical trend can be observed in price changes e.g. prices changed £810 in last 6 months, £11,496 in last 1 year, £11,925 in last 2 years, £9,302 in last 3 years, £5,832 in last 4 years and £12,506 in last 5 years.
Currently average asking price of a property in Houghton Le Spring is around £158,948 based on approximately 516 properties for sale. Same is the case with rental options based on 101 properties up for rent, average asking rent is around £522 per month.
Estimated property value in Houghton Le Spring is £135,715. Average asking price is £158,948 while average price paid is £132,429 which is up by £11,496 and Avg. asking rent £522.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 Houghton Le Spring area. In last 1 year alone average price buyer paid is around £132,429 based on approximately 516 sales in Houghton Le Spring area alone. If you compare it to last 3 years sales of 1,596 properties where buyers paid around £126,552. 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 £126,641 for 2,592 and average amount paid for purchase of approx. 3,538 properties sold in last 7 years comes to about £125,734 per sale.