Average Price for property in Princes Street, Durham, DH1 is around £369,653 which varies based on type of property you are interested in and ranges from £677,672 for detached house to around £491,516 for semi-detached. Similarly terraced house is around £579,003 and a flat is worth £175,565. Values have been changing and have risen £2,688 in last 3 months alone. Similar historical trend can be observed in price changes e.g. prices changed £9,463 in last 6 months, £14,801 in last 1 year, £22,693 in last 2 years, £28,682 in last 3 years, £23,114 in last 4 years and £16,732 in last 5 years.
Currently average asking price of a property in Princes Street, Durham, DH1 is around £284,042 based on approximately 1 properties for sale. Same is the case with rental options based on 218 properties up for rent, average asking rent is around £925 per month.
Estimated property value in Princes Street, Durham, DH1 is £369,653. Average asking price is £284,042 while average price paid is £530,000 which is up by £14,801 and Avg. asking rent £925.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 Princes Street, Durham, DH1 area. In last 1 year alone average price buyer paid is around £530,000 based on approximately 1 sales in Princes Street, Durham, DH1 area alone. If you compare it to last 3 years sales of 2 properties where buyers paid around £330,000. 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 £326,666 for 3 and average amount paid for purchase of approx. 5 properties sold in last 7 years comes to about £404,000 per sale.