Values have been changing and have risen £432 in last 3 months alone. Similar historical trend can be observed in price changes e.g. prices changed £1,852 in last 6 months, £6,914 in last 1 year, £9,065 in last 2 years, £12,792 in last 3 years, £7,731 in last 4 years and £5,406 in last 5 years.
Currently average asking price of a property in North Dene, Birtley, Chester Le Street, DH3 is around £178,175 based on approximately 6 properties for sale. Same is the case with rental options based on 79 properties up for rent, average asking rent is around £890 per month.
Estimated property value in North Dene, Birtley, Chester Le Street, DH3 is £160,199. Average asking price is £178,175 while average price paid is £132,833 which is up by £6,914 and Avg. asking rent £890.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 North Dene, Birtley, Chester Le Street, DH3 area. In last 1 year alone average price buyer paid is around £132,833 based on approximately 6 sales in North Dene, Birtley, Chester Le Street, DH3 area alone. If you compare it to last 3 years sales of 11 properties where buyers paid around £126,000. 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 £128,000 for 12 and average amount paid for purchase of approx. 14 properties sold in last 7 years comes to about £129,357 per sale.