Average Price for property in Meadow Close, Houghton Le Spring, DH5 is around £130,061 which varies based on type of property you are interested in and ranges from £131,840 for semi-detached to around £127,266 for terraced house. Values have been changing and have risen £895 in last 3 months alone. Similar historical trend can be observed in price changes e.g. prices changed £3,066 in last 6 months, £7,131 in last 1 year, £9,912 in last 2 years, £11,600 in last 3 years, £7,881 in last 4 years and £6,715 in last 5 years.
Currently average asking price of a property in Meadow Close, Houghton Le Spring, DH5 is around £142,535 based on approximately 2 properties for sale. Same is the case with rental options based on 45 properties up for rent, average asking rent is around £505 per month.
Estimated property value in Meadow Close, Houghton Le Spring, DH5 is £130,061. Average asking price is £142,535 while average price paid is £97,497 which is up by £7,131 and Avg. asking rent £505.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 Meadow Close, Houghton Le Spring, DH5 area. In last 1 year alone average price buyer paid is around £97,497 based on approximately 2 sales in Meadow Close, Houghton Le Spring, DH5 area alone. If you compare it to last 3 years sales of 4 properties where buyers paid around £98,748. 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 £98,748 for 4 and average amount paid for purchase of approx. 4 properties sold in last 7 years comes to about £98,748 per sale.