Average Price for property in Newlands, Blackhill, Consett, DH8 is around £73,238 e.g. average price for terraced house is around 73,238. Values have been changing and have risen £110 in last 3 months alone. Similar historical trend can be observed in price changes e.g. prices changed £600 in last 6 months, £3,574 in last 1 year, £5,251 in last 2 years, £6,170 in last 3 years, £4,876 in last 4 years and £2,366 in last 5 years.
Currently average asking price of a property in Newlands, Blackhill, Consett, DH8 is around £155,626 based on approximately 1 properties for sale. Same is the case with rental options based on 145 properties up for rent, average asking rent is around £504 per month.
Estimated property value in Newlands, Blackhill, Consett, DH8 is £73,238. Average asking price is £155,626 while average price paid is £42,000 which is up by £3,574 and Avg. asking rent £504.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 Newlands, Blackhill, Consett, DH8 area. In last 1 year alone average price buyer paid is around £42,000 based on approximately 1 sales in Newlands, Blackhill, Consett, DH8 area alone. If you compare it to last 3 years sales of 3 properties where buyers paid around £54,000. 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 £53,250 for 4 and average amount paid for purchase of approx. 5 properties sold in last 7 years comes to about £58,600 per sale.