Average Price for property in South View, Kirk Merrington, Spennymoor, DL16 is around £137,513 which varies based on type of property you are interested in and ranges from £236,531 for detached house to around £101,278 for semi-detached. Similarly terraced house is around £105,429. Values have been changing and have risen £1,073 in last 3 months alone. Similar historical trend can be observed in price changes e.g. prices changed £2,898 in last 6 months, £2,019 in last 1 year, £6,585 in last 2 years, £5,273 in last 3 years, £2,741 in last 4 years and £2,078 in last 5 years.
Currently average asking price of a property in South View, Kirk Merrington, Spennymoor, DL16 is around £159,395 based on approximately 2 properties for sale. Same is the case with rental options based on 43 properties up for rent, average asking rent is around £1,265 per month.
Estimated property value in South View, Kirk Merrington, Spennymoor, DL16 is £137,513. Average asking price is £159,395 while average price paid is £93,500 which is up by £2,019 and Avg. asking rent £1,265.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 View, Kirk Merrington, Spennymoor, DL16 area. In last 1 year alone average price buyer paid is around £93,500 based on approximately 2 sales in South View, Kirk Merrington, Spennymoor, DL16 area alone. If you compare it to last 3 years sales of 3 properties where buyers paid around £87,666. 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 £139,500 for 4 and average amount paid for purchase of approx. 7 properties sold in last 7 years comes to about £120,636 per sale.