Average Price for property in Rose Street East, Penshaw, Houghton Le Spring, DH4 is around £81,374 which varies based on type of property you are interested in and ranges from £86,740 for terraced house to around £46,497 for a flat. Values have been changing and have risen £277 in last 3 months alone. Similar historical trend can be observed in price changes e.g. prices changed £1,415 in last 6 months, £4,489 in last 1 year, £5,025 in last 2 years, £5,765 in last 3 years, £3,660 in last 4 years and £3,357 in last 5 years.
Currently average asking price of a property in Rose Street East, Penshaw, Houghton Le Spring, DH4 is around £170,644 based on approximately 1 properties for sale. Same is the case with rental options based on 57 properties up for rent, average asking rent is around £543 per month.
Estimated property value in Rose Street East, Penshaw, Houghton Le Spring, DH4 is £81,374. Average asking price is £170,644 while average price paid is £64,000 which is up by £4,489 and Avg. asking rent £543.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 Rose Street East, Penshaw, Houghton Le Spring, DH4 area. In last 1 year alone average price buyer paid is around £64,000 based on approximately 1 sales in Rose Street East, Penshaw, Houghton Le Spring, DH4 area alone. If you compare it to last 3 years sales of 3 properties where buyers paid around £68,500. 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 £72,625 for 4 and average amount paid for purchase of approx. 5 properties sold in last 7 years comes to about £82,100 per sale.