Average Price for property in Lanton Street, New Herrington, Houghton Le Spring, DH4 is around £67,410 e.g. average price for terraced house is around 67,410. Values have been changing and have risen £235 in last 3 months alone. Similar historical trend can be observed in price changes e.g. prices changed £1,196 in last 6 months, £3,795 in last 1 year, £4,248 in last 2 years, £4,874 in last 3 years, £3,093 in last 4 years and £2,839 in last 5 years.
Currently average asking price of a property in Lanton Street, New Herrington, 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 Lanton Street, New Herrington, Houghton Le Spring, DH4 is £67,410. Average asking price is £170,644 while average price paid is £45,000 which is up by £3,795 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 Lanton Street, New Herrington, Houghton Le Spring, DH4 area. In last 1 year alone average price buyer paid is around £45,000 based on approximately 1 sales in Lanton Street, New Herrington, Houghton Le Spring, DH4 area alone. If you compare it to last 3 years sales of 1 properties where buyers paid around £45,000. 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 £45,000 for 1 and average amount paid for purchase of approx. 4 properties sold in last 7 years comes to about £63,125 per sale.