Average Price for property in Kirk Grove, Kirk Merrington, Spennymoor, DL16 is around £240,284 e.g. average price for detached house is around 240,284. Values have been changing and have risen £1,869 in last 3 months alone. Similar historical trend can be observed in price changes e.g. prices changed £5,045 in last 6 months, £3,512 in last 1 year, £11,456 in last 2 years, £9,167 in last 3 years, £4,758 in last 4 years and £3,600 in last 5 years.
Currently average asking price of a property in Kirk Grove, Kirk Merrington, Spennymoor, DL16 is around £159,395 based on approximately 1 properties for sale. Same is the case with rental options based on 43 properties up for rent, average asking rent is around £1,265 per month.
Estimated property value in Kirk Grove, Kirk Merrington, Spennymoor, DL16 is £240,284. Average asking price is £159,395 while average price paid is £225,000 which is up by £3,512 and Avg. asking rent £1,265.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 Kirk Grove, Kirk Merrington, Spennymoor, DL16 area. In last 1 year alone average price buyer paid is around £225,000 based on approximately 1 sales in Kirk Grove, Kirk Merrington, Spennymoor, DL16 area alone. If you compare it to last 3 years sales of 1 properties where buyers paid around £225,000. 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 £225,000 for 1 and average amount paid for purchase of approx. 1 properties sold in last 7 years comes to about £225,000 per sale.