Average Price for property in Lumley Road, Durham, DH1 is around £193,719 which varies based on type of property you are interested in and ranges from £238,777 for detached house to around £165,046 for semi-detached. Values have been changing and have risen £2,014 in last 3 months alone. Similar historical trend can be observed in price changes e.g. prices changed £1,708 in last 6 months, £3,038 in last 1 year, £299 in last 2 years, £2,726 in last 3 years, £6,366 in last 4 years and £2,073 in last 5 years.
Currently average asking price of a property in Lumley Road, Durham, DH1 is around £283,707 based on approximately 2 properties for sale. Same is the case with rental options based on 301 properties up for rent, average asking rent is around £740 per month.
Estimated property value in Lumley Road, Durham, DH1 is £193,719. Average asking price is £283,707 while average price paid is £181,500 which is up by £3,038 and Avg. asking rent £740.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 Lumley Road, Durham, DH1 area. In last 1 year alone average price buyer paid is around £181,500 based on approximately 2 sales in Lumley Road, Durham, DH1 area alone. If you compare it to last 3 years sales of 4 properties where buyers paid around £163,875. 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 £164,100 for 5 and average amount paid for purchase of approx. 2 properties sold in last 7 years comes to about £181,500 per sale.