Average Price for property in Richmond Avenue, Bishop Auckland, DL14 is around £118,259 which varies based on type of property you are interested in and ranges from £118,836 for semi-detached to around £113,639 for terraced house. Values have been changing and have risen £614 in last 3 months alone. Similar historical trend can be observed in price changes e.g. prices changed £1,859 in last 6 months, £2,306 in last 1 year, £9,606 in last 2 years, £7,674 in last 3 years, £3,407 in last 4 years and £1,998 in last 5 years.
Currently average asking price of a property in Richmond Avenue, Bishop Auckland, DL14 is around £145,685 based on approximately 2 properties for sale. Same is the case with rental options based on 175 properties up for rent, average asking rent is around £500 per month.
Estimated property value in Richmond Avenue, Bishop Auckland, DL14 is £118,259. Average asking price is £145,685 while average price paid is £132,250 which is up by £2,306 and Avg. asking rent £500.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 Richmond Avenue, Bishop Auckland, DL14 area. In last 1 year alone average price buyer paid is around £132,250 based on approximately 2 sales in Richmond Avenue, Bishop Auckland, DL14 area alone. If you compare it to last 3 years sales of 3 properties where buyers paid around £123,166. 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 £117,825 for 6 and average amount paid for purchase of approx. 7 properties sold in last 7 years comes to about £114,278 per sale.