Average Price for property in Merrington Close, Kirk Merrington, Spennymoor, DL16 is around £152,529 which varies based on type of property you are interested in and ranges from £175,865 for detached house to around £147,810 for semi-detached. Similarly terraced house is around £108,232. Values have been changing and have risen £1,261 in last 3 months alone. Similar historical trend can be observed in price changes e.g. prices changed £3,404 in last 6 months, £2,369 in last 1 year, £7,729 in last 2 years, £6,186 in last 3 years, £3,213 in last 4 years and £2,434 in last 5 years.
Currently average asking price of a property in Merrington Close, Kirk Merrington, Spennymoor, DL16 is around £159,395 based on approximately 2 properties for sale. Same is the case with rental options based on 43 properties up for rent, average asking rent is around £1,265 per month.
Estimated property value in Merrington Close, Kirk Merrington, Spennymoor, DL16 is £152,529. Average asking price is £159,395 while average price paid is £156,475 which is up by £2,369 and Avg. asking rent £1,265.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 Merrington Close, Kirk Merrington, Spennymoor, DL16 area. In last 1 year alone average price buyer paid is around £156,475 based on approximately 2 sales in Merrington Close, Kirk Merrington, Spennymoor, DL16 area alone. If you compare it to last 3 years sales of 4 properties where buyers paid around £144,487. 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 £141,564 for 7 and average amount paid for purchase of approx. 10 properties sold in last 7 years comes to about £145,145 per sale.