Average Price for property in Scotts Terrace, Hetton-Le-Hole, Houghton Le Spring, DH5 is around £74,801 which varies based on type of property you are interested in and ranges from £74,048 for semi-detached to around £74,988 for terraced house. Values have been changing and have risen £512 in last 3 months alone. Similar historical trend can be observed in price changes e.g. prices changed £1,755 in last 6 months, £4,081 in last 1 year, £5,674 in last 2 years, £6,643 in last 3 years, £4,519 in last 4 years and £3,854 in last 5 years.
Currently average asking price of a property in Scotts Terrace, Hetton-Le-Hole, Houghton Le Spring, DH5 is around £142,535 based on approximately 1 properties for sale. Same is the case with rental options based on 45 properties up for rent, average asking rent is around £505 per month.
Estimated property value in Scotts Terrace, Hetton-Le-Hole, Houghton Le Spring, DH5 is £74,801. Average asking price is £142,535 while average price paid is £67,000 which is up by £4,081 and Avg. asking rent £505.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 Scotts Terrace, Hetton-Le-Hole, Houghton Le Spring, DH5 area. In last 1 year alone average price buyer paid is around £67,000 based on approximately 1 sales in Scotts Terrace, Hetton-Le-Hole, Houghton Le Spring, DH5 area alone. If you compare it to last 3 years sales of 2 properties where buyers paid around £55,750. 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 £55,750 for 2 and average amount paid for purchase of approx. 2 properties sold in last 7 years comes to about £55,750 per sale.