Average Price for property in The Slack, Butterknowle, Bishop Auckland, DL13 is around £116,525 which varies based on type of property you are interested in and ranges from £235,322 for detached house to around £136,763 for semi-detached. Similarly terraced house is around £70,180. Values have been changing and have risen £1,074 in last 3 months alone. Similar historical trend can be observed in price changes e.g. prices changed £3,260 in last 6 months, £1,897 in last 1 year, £8,408 in last 2 years, £3,587 in last 3 years, £1,599 in last 4 years and £641 in last 5 years.
Currently average asking price of a property in The Slack, Butterknowle, Bishop Auckland, DL13 is around £198,460 based on approximately 2 properties for sale. Same is the case with rental options based on 49 properties up for rent, average asking rent is around £452 per month.
Estimated property value in The Slack, Butterknowle, Bishop Auckland, DL13 is £116,525. Average asking price is £198,460 while average price paid is £51,500 which is up by £1,897 and Avg. asking rent £452.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 Slack, Butterknowle, Bishop Auckland, DL13 area. In last 1 year alone average price buyer paid is around £51,500 based on approximately 2 sales in The Slack, Butterknowle, Bishop Auckland, DL13 area alone. If you compare it to last 3 years sales of 4 properties where buyers paid around £66,814. 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 £62,451 for 5 and average amount paid for purchase of approx. 6 properties sold in last 7 years comes to about £60,376 per sale.