Average Price for property in The Oval, West Cornforth, Ferryhill, DL17 is around £60,280 which varies based on type of property you are interested in and ranges from £43,066 for detached house to around £60,833 for semi-detached. Similarly terraced house is around £64,196. Values have been changing and have risen £498 in last 3 months alone. Similar historical trend can be observed in price changes e.g. prices changed £1,495 in last 6 months, £913 in last 1 year, £3,062 in last 2 years, £1,672 in last 3 years, £309 in last 4 years and £1,284 in last 5 years.
Currently average asking price of a property in The Oval, West Cornforth, Ferryhill, DL17 is around £123,546 based on approximately 4 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 Oval, West Cornforth, Ferryhill, DL17 is £60,280. Average asking price is £123,546 while average price paid is £42,875 which is up by £913 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 Oval, West Cornforth, Ferryhill, DL17 area. In last 1 year alone average price buyer paid is around £42,875 based on approximately 4 sales in The Oval, West Cornforth, Ferryhill, DL17 area alone. If you compare it to last 3 years sales of 5 properties where buyers paid around £39,300. 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 £44,214 for 7 and average amount paid for purchase of approx. 11 properties sold in last 7 years comes to about £52,136 per sale.