Average Price for property in South Street, Spennymoor, DL16 is around £61,447 which varies based on type of property you are interested in and ranges from £63,421 for semi-detached to around £61,514 for terraced house. Values have been changing and have risen £506 in last 3 months alone. Similar historical trend can be observed in price changes e.g. prices changed £1,367 in last 6 months, £955 in last 1 year, £3,115 in last 2 years, £2,499 in last 3 years, £1,307 in last 4 years and £997 in last 5 years.
Currently average asking price of a property in South Street, Spennymoor, DL16 is around £158,746 based on approximately 2 properties for sale. Same is the case with rental options based on 42 properties up for rent, average asking rent is around £1,279 per month.
Estimated property value in South Street, Spennymoor, DL16 is £61,447. Average asking price is £158,746 while average price paid is £54,000 which is up by £955 and Avg. asking rent £1,279.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 Street, Spennymoor, DL16 area. In last 1 year alone average price buyer paid is around £54,000 based on approximately 2 sales in South Street, Spennymoor, DL16 area alone. If you compare it to last 3 years sales of 8 properties where buyers paid around £44,625. 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 £46,509 for 10 and average amount paid for purchase of approx. 11 properties sold in last 7 years comes to about £49,326 per sale.