Average Price for property in Medomsley Road, Consett, DH8 is around £115,630 which varies based on type of property you are interested in and ranges from £191,761 for detached house to around £138,633 for semi-detached. Similarly terraced house is around £110,680 and a flat is worth £73,655. Values have been changing and have risen £163 in last 3 months alone. Similar historical trend can be observed in price changes e.g. prices changed £892 in last 6 months, £5,328 in last 1 year, £7,824 in last 2 years, £9,193 in last 3 years, £7,257 in last 4 years and £3,508 in last 5 years.
Currently average asking price of a property in Medomsley Road, Consett, DH8 is around £155,626 based on approximately 6 properties for sale. Same is the case with rental options based on 145 properties up for rent, average asking rent is around £504 per month.
Estimated property value in Medomsley Road, Consett, DH8 is £115,630. Average asking price is £155,626 while average price paid is £101,166 which is up by £5,328 and Avg. asking rent £504.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 Medomsley Road, Consett, DH8 area. In last 1 year alone average price buyer paid is around £101,166 based on approximately 6 sales in Medomsley Road, Consett, DH8 area alone. If you compare it to last 3 years sales of 27 properties where buyers paid around £83,370. 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 £95,291 for 36 and average amount paid for purchase of approx. 48 properties sold in last 7 years comes to about £98,479 per sale.