Average Price for property in Newstead Road, Houghton Le Spring, DH4 is around £82,967 e.g. average price for semi-detached is around 82,967. Values have been changing and have risen £287 in last 3 months alone. Similar historical trend can be observed in price changes e.g. prices changed £1,466 in last 6 months, £4,652 in last 1 year, £5,208 in last 2 years, £5,975 in last 3 years, £3,793 in last 4 years and £3,480 in last 5 years.
Currently average asking price of a property in Newstead Road, Houghton Le Spring, DH4 is around £170,644 based on approximately 1 properties for sale. Same is the case with rental options based on 57 properties up for rent, average asking rent is around £543 per month.
Estimated property value in Newstead Road, Houghton Le Spring, DH4 is £82,967. Average asking price is £170,644 while average price paid is £59,000 which is up by £4,652 and Avg. asking rent £543.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 Newstead Road, Houghton Le Spring, DH4 area. In last 1 year alone average price buyer paid is around £59,000 based on approximately 1 sales in Newstead Road, Houghton Le Spring, DH4 area alone. If you compare it to last 3 years sales of 1 properties where buyers paid around £59,000. 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 £59,000 for 1 and average amount paid for purchase of approx. 2 properties sold in last 7 years comes to about £59,500 per sale.