Average Price for property in Meadow Rise, Meadowfield, Durham, DH7 is around £87,470 e.g. average price for a flat is around 87,470. Values have been changing and have risen £585 in last 3 months alone. Similar historical trend can be observed in price changes e.g. prices changed £2,246 in last 6 months, £5,479 in last 1 year, £6,360 in last 2 years, £8,702 in last 3 years, £5,894 in last 4 years and £4,770 in last 5 years.
Currently average asking price of a property in Meadow Rise, Meadowfield, Durham, DH7 is around £152,498 based on approximately 3 properties for sale. Same is the case with rental options based on 118 properties up for rent, average asking rent is around £604 per month.
Estimated property value in Meadow Rise, Meadowfield, Durham, DH7 is £87,470. Average asking price is £152,498 while average price paid is £78,666 which is up by £5,479 and Avg. asking rent £604.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 Rise, Meadowfield, Durham, DH7 area. In last 1 year alone average price buyer paid is around £78,666 based on approximately 3 sales in Meadow Rise, Meadowfield, Durham, DH7 area alone. If you compare it to last 3 years sales of 4 properties where buyers paid around £78,750. 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 £78,750 for 4 and average amount paid for purchase of approx. 33 properties sold in last 7 years comes to about £92,638 per sale.