Average Price for property in Penshaw Close, Langley Park, Durham, DH7 is around £106,123 which varies based on type of property you are interested in and ranges from £156,515 for detached house to around £97,627 for semi-detached. Similarly terraced house is around £106,702. Values have been changing and have risen £665 in last 3 months alone. Similar historical trend can be observed in price changes e.g. prices changed £2,555 in last 6 months, £6,236 in last 1 year, £7,239 in last 2 years, £9,903 in last 3 years, £6,705 in last 4 years and £5,426 in last 5 years.
Currently average asking price of a property in Penshaw Close, Langley Park, Durham, DH7 is around £152,498 based on approximately 1 properties for sale. Same is the case with rental options based on 118 properties up for rent, average asking rent is around £604 per month.
Estimated property value in Penshaw Close, Langley Park, Durham, DH7 is £106,123. Average asking price is £152,498 while average price paid is £81,000 which is up by £6,236 and Avg. asking rent £604.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 Penshaw Close, Langley Park, Durham, DH7 area. In last 1 year alone average price buyer paid is around £81,000 based on approximately 1 sales in Penshaw Close, Langley Park, Durham, DH7 area alone. If you compare it to last 3 years sales of 3 properties where buyers paid around £83,666. 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 £83,666 for 3 and average amount paid for purchase of approx. 3 properties sold in last 7 years comes to about £83,666 per sale.