Average Price for property in Richardson Place, Kirk Merrington, Spennymoor, DL16 is around £112,144 which varies based on type of property you are interested in and ranges from £274,291 for detached house to around £79,714 for terraced house. Values have been changing and have risen £913 in last 3 months alone. Similar historical trend can be observed in price changes e.g. prices changed £2,466 in last 6 months, £1,719 in last 1 year, £5,607 in last 2 years, £4,491 in last 3 years, £2,338 in last 4 years and £1,773 in last 5 years.
Currently average asking price of a property in Richardson Place, Kirk Merrington, Spennymoor, DL16 is around £159,395 based on approximately 0 properties for sale. Same is the case with rental options based on 43 properties up for rent, average asking rent is around £1,265 per month.
Estimated property value in Richardson Place, Kirk Merrington, Spennymoor, DL16 is £112,144. Average asking price is £159,395 while average price paid is £50,000 which is up by £4,491 and Avg. asking rent £1,265.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 Richardson Place, Kirk Merrington, Spennymoor, DL16 area. In last 3 years alone average price buyer paid is around £50,000 based on approximately 1 sales in Richardson Place, Kirk Merrington, Spennymoor, DL16 area alone. If you compare it to last 5 years sales of 1 properties where buyers paid around £50,000. It has been same for some time now for e.g. if you take an average of amount paid in last 7 years, it comes to around £69,000 for 2 per sale.