Average Price for property in Newby Way, Spennymoor, DL16 is around £155,660 which varies based on type of property you are interested in and ranges from £171,129 for detached house to around £146,808 for semi-detached. Similarly terraced house is around £148,300. Values have been changing and have risen £1,210 in last 3 months alone. Similar historical trend can be observed in price changes e.g. prices changed £3,266 in last 6 months, £2,274 in last 1 year, £7,420 in last 2 years, £5,942 in last 3 years, £3,089 in last 4 years and £2,341 in last 5 years.
Currently average asking price of a property in Newby Way, Spennymoor, DL16 is around £158,746 based on approximately 0 properties for sale. Same is the case with rental options based on 42 properties up for rent, average asking rent is around £1,279 per month.
Estimated property value in Newby Way, Spennymoor, DL16 is £155,660. Average asking price is £158,746 while average price paid is £143,783 which is up by £2,341 and Avg. asking rent £1,279.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 Newby Way, Spennymoor, DL16 area. In last 5 years alone average price buyer paid is around £143,783 based on approximately 3 sales in Newby Way, Spennymoor, DL16 area alone. If you compare it to last 7 years sales of 5 properties where buyers paid around £152,150.