Average Price for property in Melbeck Drive, Ouston, Chester Le Street, DH2 is around £133,543 which varies based on type of property you are interested in and ranges from £170,133 for detached house to around £135,417 for semi-detached. Similarly terraced house is around £114,439. Values have been changing and have risen £247 in last 3 months alone. Similar historical trend can be observed in price changes e.g. prices changed £1,859 in last 6 months, £5,120 in last 1 year, £7,985 in last 2 years, £9,481 in last 3 years, £5,620 in last 4 years and £4,639 in last 5 years.
Currently average asking price of a property in Melbeck Drive, Ouston, Chester Le Street, DH2 is around £135,957 based on approximately 1 properties for sale. Same is the case with rental options based on 38 properties up for rent, average asking rent is around £457 per month.
Estimated property value in Melbeck Drive, Ouston, Chester Le Street, DH2 is £133,543. Average asking price is £135,957 while average price paid is £97,500 which is up by £5,120 and Avg. asking rent £457.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 Melbeck Drive, Ouston, Chester Le Street, DH2 area. In last 1 year alone average price buyer paid is around £97,500 based on approximately 1 sales in Melbeck Drive, Ouston, Chester Le Street, DH2 area alone. If you compare it to last 3 years sales of 5 properties where buyers paid around £108,700. 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 £112,294 for 9 and average amount paid for purchase of approx. 16 properties sold in last 7 years comes to about £126,243 per sale.