Average Price for property in Spring Drive, Houghton Le Spring, DH5 is around £124,980 which varies based on type of property you are interested in and ranges from £156,036 for detached house to around £116,596 for semi-detached. Similarly terraced house is around £160,603 and a flat is worth £57,359. Values have been changing and have risen £888 in last 3 months alone. Similar historical trend can be observed in price changes e.g. prices changed £3,045 in last 6 months, £7,085 in last 1 year, £9,849 in last 2 years, £11,528 in last 3 years, £7,833 in last 4 years and £6,674 in last 5 years.
Currently average asking price of a property in Spring Drive, Houghton Le Spring, DH5 is around £142,535 based on approximately 0 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 Spring Drive, Houghton Le Spring, DH5 is £124,980. Average asking price is £142,535 while average price paid is £125,000 which is up by £11,528 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 Spring Drive, Houghton Le Spring, DH5 area. In last 3 years alone average price buyer paid is around £125,000 based on approximately 1 sales in Spring Drive, Houghton Le Spring, DH5 area alone. If you compare it to last 5 years sales of 18 properties where buyers paid around £116,420. It has been same for some time now for e.g. if you take an average of amount paid in last 7 years, it comes to around £116,420 for 18 per sale.