Average Price for property in James Terrace, Easington Lane, Houghton Le Spring, DH5 is around £69,146 e.g. average price for terraced house is around 69,146. Values have been changing and have risen £498 in last 3 months alone. Similar historical trend can be observed in price changes e.g. prices changed £1,708 in last 6 months, £3,974 in last 1 year, £5,526 in last 2 years, £6,468 in last 3 years, £4,399 in last 4 years and £3,754 in last 5 years.
Currently average asking price of a property in James Terrace, Easington Lane, Houghton Le Spring, DH5 is around £142,535 based on approximately 2 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 James Terrace, Easington Lane, Houghton Le Spring, DH5 is £69,146. Average asking price is £142,535 while average price paid is £58,500 which is up by £3,974 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 James Terrace, Easington Lane, Houghton Le Spring, DH5 area. In last 1 year alone average price buyer paid is around £58,500 based on approximately 2 sales in James Terrace, Easington Lane, Houghton Le Spring, DH5 area alone. If you compare it to last 3 years sales of 2 properties where buyers paid around £58,500. 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 £54,333 for 3 and average amount paid for purchase of approx. 3 properties sold in last 7 years comes to about £54,333 per sale.