Average Price for property in The Elms, Shotley Bridge, Consett, DH8 is around £248,391 e.g. average price for detached house is around 248,391. Values have been changing and have risen £347 in last 3 months alone. Similar historical trend can be observed in price changes e.g. prices changed £1,903 in last 6 months, £11,370 in last 1 year, £16,692 in last 2 years, £19,608 in last 3 years, £15,468 in last 4 years and £7,457 in last 5 years.
Currently average asking price of a property in The Elms, Shotley Bridge, Consett, DH8 is around £156,889 based on approximately 1 properties for sale. Same is the case with rental options based on 137 properties up for rent, average asking rent is around £508 per month.
Estimated property value in The Elms, Shotley Bridge, Consett, DH8 is £248,391. Average asking price is £156,889 while average price paid is £195,000 which is up by £11,370 and Avg. asking rent £508.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 Elms, Shotley Bridge, Consett, DH8 area. In last 1 year alone average price buyer paid is around £195,000 based on approximately 1 sales in The Elms, Shotley Bridge, Consett, DH8 area alone. If you compare it to last 3 years sales of 5 properties where buyers paid around £195,000. 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 £206,506 for 8 and average amount paid for purchase of approx. 10 properties sold in last 7 years comes to about £207,205 per sale.