Average Price for property in Wear Crescent, Great Lumley, Chester Le Street, DH3 is around £88,346 which varies based on type of property you are interested in and ranges from £105,159 for detached house to around £99,891 for semi-detached. Similarly terraced house is around £74,168. Values have been changing and have risen £240 in last 3 months alone. Similar historical trend can be observed in price changes e.g. prices changed £1,027 in last 6 months, £3,832 in last 1 year, £5,026 in last 2 years, £7,092 in last 3 years, £4,288 in last 4 years and £3,001 in last 5 years.
Currently average asking price of a property in Wear Crescent, Great Lumley, Chester Le Street, DH3 is around £178,175 based on approximately 1 properties for sale. Same is the case with rental options based on 79 properties up for rent, average asking rent is around £890 per month.
Estimated property value in Wear Crescent, Great Lumley, Chester Le Street, DH3 is £88,346. Average asking price is £178,175 while average price paid is £94,999 which is up by £3,832 and Avg. asking rent £890.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 Wear Crescent, Great Lumley, Chester Le Street, DH3 area. In last 1 year alone average price buyer paid is around £94,999 based on approximately 1 sales in Wear Crescent, Great Lumley, Chester Le Street, DH3 area alone. If you compare it to last 3 years sales of 1 properties where buyers paid around £94,999. 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 £92,499 for 2 and average amount paid for purchase of approx. 2 properties sold in last 7 years comes to about £92,499 per sale.