Average Price for property in South Lea, Witton Gilbert, Durham, DH7 is around £96,158 which varies based on type of property you are interested in and ranges from £78,751 for detached house to around £97,246 for semi-detached. Values have been changing and have risen £627 in last 3 months alone. Similar historical trend can be observed in price changes e.g. prices changed £2,408 in last 6 months, £5,873 in last 1 year, £6,817 in last 2 years, £9,325 in last 3 years, £6,316 in last 4 years and £5,111 in last 5 years.
Currently average asking price of a property in South Lea, Witton Gilbert, Durham, DH7 is around £152,492 based on approximately 1 properties for sale. Same is the case with rental options based on 118 properties up for rent, average asking rent is around £604 per month.
Estimated property value in South Lea, Witton Gilbert, Durham, DH7 is £96,158. Average asking price is £152,492 while average price paid is £110,000 which is up by £5,873 and Avg. asking rent £604.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 South Lea, Witton Gilbert, Durham, DH7 area. In last 1 year alone average price buyer paid is around £110,000 based on approximately 1 sales in South Lea, Witton Gilbert, Durham, DH7 area alone. If you compare it to last 3 years sales of 2 properties where buyers paid around £102,500. 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 £92,333 for 3 and average amount paid for purchase of approx. 5 properties sold in last 7 years comes to about £86,990 per sale.