Values have been changing and have risen £597 in last 3 months alone. Similar historical trend can be observed in price changes e.g. prices changed £1,611 in last 6 months, £1,125 in last 1 year, £3,667 in last 2 years, £2,940 in last 3 years, £1,538 in last 4 years and £1,170 in last 5 years.
Currently average asking price of a property in King Street, Spennymoor, DL16 is around £158,746 based on approximately 0 properties for sale. Same is the case with rental options based on 42 properties up for rent, average asking rent is around £1,279 per month.
Estimated property value in King Street, Spennymoor, DL16 is £72,590. Average asking price is £158,746 while average price paid is £67,750 which is up by £2,940 and Avg. asking rent £1,279.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 King Street, Spennymoor, DL16 area. In last 3 years alone average price buyer paid is around £67,750 based on approximately 2 sales in King Street, Spennymoor, DL16 area alone. If you compare it to last 5 years sales of 4 properties where buyers paid around £58,375. 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 £58,950 for 5 per sale.