Average Price for property in Iris Terrace, Burnmoor, Houghton Le Spring, DH4 is around £59,332 which varies based on type of property you are interested in and ranges from £53,539 for semi-detached to around £61,264 for terraced house. Values have been changing and have risen £213 in last 3 months alone. Similar historical trend can be observed in price changes e.g. prices changed £1,088 in last 6 months, £3,451 in last 1 year, £3,863 in last 2 years, £4,433 in last 3 years, £2,817 in last 4 years and £2,588 in last 5 years.
Currently average asking price of a property in Iris Terrace, Burnmoor, Houghton Le Spring, DH4 is around £170,644 based on approximately 1 properties for sale. Same is the case with rental options based on 57 properties up for rent, average asking rent is around £543 per month.
Estimated property value in Iris Terrace, Burnmoor, Houghton Le Spring, DH4 is £59,332. Average asking price is £170,644 while average price paid is £63,000 which is up by £3,451 and Avg. asking rent £543.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 Iris Terrace, Burnmoor, Houghton Le Spring, DH4 area. In last 1 year alone average price buyer paid is around £63,000 based on approximately 1 sales in Iris Terrace, Burnmoor, Houghton Le Spring, DH4 area alone. If you compare it to last 3 years sales of 1 properties where buyers paid around £63,000. 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 £63,000 for 1 and average amount paid for purchase of approx. 1 properties sold in last 7 years comes to about £63,000 per sale.