Average Price for property in The Oaks, West Cornforth, Ferryhill, DL17 is around £108,861 e.g. average price for detached house is around 108,861. Values have been changing and have risen £935 in last 3 months alone. Similar historical trend can be observed in price changes e.g. prices changed £2,804 in last 6 months, £1,701 in last 1 year, £5,719 in last 2 years, £3,112 in last 3 years, £557 in last 4 years and £2,428 in last 5 years.
Currently average asking price of a property in The Oaks, West Cornforth, Ferryhill, DL17 is around £123,546 based on approximately 2 properties for sale. Same is the case with rental options based on 93 properties up for rent, average asking rent is around £376 per month.
Estimated property value in The Oaks, West Cornforth, Ferryhill, DL17 is £108,861. Average asking price is £123,546 while average price paid is £123,250 which is up by £1,701 and Avg. asking rent £376.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 Oaks, West Cornforth, Ferryhill, DL17 area. In last 1 year alone average price buyer paid is around £123,250 based on approximately 2 sales in The Oaks, West Cornforth, Ferryhill, DL17 area alone. If you compare it to last 3 years sales of 3 properties where buyers paid around £121,500. 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 £121,500 for 3 and average amount paid for purchase of approx. 5 properties sold in last 7 years comes to about £130,400 per sale.