Average Price for property in South Street, West Rainton, Houghton Le Spring, DH4 is around £166,756 which varies based on type of property you are interested in and ranges from £258,172 for detached house to around £256,834 for semi-detached. Similarly terraced house is around £114,681 and a flat is worth £89,805. Values have been changing and have risen £609 in last 3 months alone. Similar historical trend can be observed in price changes e.g. prices changed £3,114 in last 6 months, £9,882 in last 1 year, £11,054 in last 2 years, £12,676 in last 3 years, £8,028 in last 4 years and £7,354 in last 5 years.
Currently average asking price of a property in South Street, West Rainton, Houghton Le Spring, DH4 is around £169,350 based on approximately 2 properties for sale. Same is the case with rental options based on 57 properties up for rent, average asking rent is around £544 per month.
Estimated property value in South Street, West Rainton, Houghton Le Spring, DH4 is £166,756. Average asking price is £169,350 while average price paid is £198,750 which is up by £9,882 and Avg. asking rent £544.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, West Rainton, Houghton Le Spring, DH4 area. In last 1 year alone average price buyer paid is around £198,750 based on approximately 2 sales in South Street, West Rainton, Houghton Le Spring, DH4 area alone. If you compare it to last 3 years sales of 4 properties where buyers paid around £192,500. 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 £185,000 for 6 and average amount paid for purchase of approx. 10 properties sold in last 7 years comes to about £147,750 per sale.