Average Price for property in Springwell Avenue, Durham, DH1 is around £288,644 which varies based on type of property you are interested in and ranges from £310,731 for detached house to around £257,089 for semi-detached. Similarly terraced house is around £257,216. Values have been changing and have risen £2,246 in last 3 months alone. Similar historical trend can be observed in price changes e.g. prices changed £7,910 in last 6 months, £12,374 in last 1 year, £18,971 in last 2 years, £23,979 in last 3 years, £19,326 in last 4 years and £13,994 in last 5 years.
Currently average asking price of a property in Springwell Avenue, Durham, DH1 is around £284,042 based on approximately 2 properties for sale. Same is the case with rental options based on 218 properties up for rent, average asking rent is around £925 per month.
Estimated property value in Springwell Avenue, Durham, DH1 is £288,644. Average asking price is £284,042 while average price paid is £299,975 which is up by £12,374 and Avg. asking rent £925.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 Springwell Avenue, Durham, DH1 area. In last 1 year alone average price buyer paid is around £299,975 based on approximately 2 sales in Springwell Avenue, Durham, DH1 area alone. If you compare it to last 3 years sales of 5 properties where buyers paid around £266,990. 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 £261,921 for 7 and average amount paid for purchase of approx. 9 properties sold in last 7 years comes to about £246,494 per sale.