Average Price for property in The Close, Lanchester, Durham, DH7 is around £189,237 e.g. average price for semi-detached is around 189,237. Values have been changing and have risen £1,166 in last 3 months alone. Similar historical trend can be observed in price changes e.g. prices changed £4,479 in last 6 months, £10,928 in last 1 year, £12,682 in last 2 years, £17,345 in last 3 years, £11,736 in last 4 years and £9,490 in last 5 years.
Currently average asking price of a property in The Close, Lanchester, Durham, DH7 is around £152,498 based on approximately 1 properties for sale. Same is the case with rental options based on 118 properties up for rent, average asking rent is around £604 per month.
Estimated property value in The Close, Lanchester, Durham, DH7 is £189,237. Average asking price is £152,498 while average price paid is £215,000 which is up by £10,928 and Avg. asking rent £604.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 The Close, Lanchester, Durham, DH7 area. In last 1 year alone average price buyer paid is around £215,000 based on approximately 1 sales in The Close, Lanchester, Durham, DH7 area alone. If you compare it to last 3 years sales of 1 properties where buyers paid around £215,000. 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 £215,000 for 1 and average amount paid for purchase of approx. 1 properties sold in last 7 years comes to about £215,000 per sale.