Average Price for property in Stanhope, Bishop Auckland, DL13 is around £297,786 which varies based on type of property you are interested in and ranges from £378,108 for detached house to around £148,060 for semi-detached. Similarly terraced house is around £223,278 and a flat is worth £189,104. Values have been changing and have risen £2,758 in last 3 months alone. Similar historical trend can be observed in price changes e.g. prices changed £8,373 in last 6 months, £4,864 in last 1 year, £21,574 in last 2 years, £9,192 in last 3 years, £4,073 in last 4 years and £1,604 in last 5 years.
Currently average asking price of a property in Stanhope, Bishop Auckland, DL13 is around £200,276 based on approximately 1 properties for sale. Same is the case with rental options based on 50 properties up for rent, average asking rent is around £459 per month.
Estimated property value in Stanhope, Bishop Auckland, DL13 is £297,786. Average asking price is £200,276 while average price paid is £240,000 which is up by £4,864 and Avg. asking rent £459.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 Stanhope, Bishop Auckland, DL13 area. In last 1 year alone average price buyer paid is around £240,000 based on approximately 1 sales in Stanhope, Bishop Auckland, DL13 area alone. If you compare it to last 3 years sales of 3 properties where buyers paid around £202,500. 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 £272,083 for 6 and average amount paid for purchase of approx. 9 properties sold in last 7 years comes to about £242,277 per sale.