Average Price for property in Lea Rigg, West Rainton, Houghton Le Spring, DH4 is around £245,123 which varies based on type of property you are interested in and ranges from £245,073 for detached house to around £245,467 for semi-detached. Values have been changing and have risen £894 in last 3 months alone. Similar historical trend can be observed in price changes e.g. prices changed £4,575 in last 6 months, £14,523 in last 1 year, £16,242 in last 2 years, £18,626 in last 3 years, £11,793 in last 4 years and £10,799 in last 5 years.
Currently average asking price of a property in Lea Rigg, West Rainton, Houghton Le Spring, DH4 is around £169,350 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 £544 per month.
Estimated property value in Lea Rigg, West Rainton, Houghton Le Spring, DH4 is £245,123. Average asking price is £169,350 while average price paid is £217,500 which is up by £14,523 and Avg. asking rent £544.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 Lea Rigg, West Rainton, Houghton Le Spring, DH4 area. In last 1 year alone average price buyer paid is around £217,500 based on approximately 1 sales in Lea Rigg, West Rainton, Houghton Le Spring, DH4 area alone. If you compare it to last 3 years sales of 1 properties where buyers paid around £217,500. 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 £227,250 for 2 and average amount paid for purchase of approx. 3 properties sold in last 7 years comes to about £218,166 per sale.