Values have been changing and have risen £507 in last 3 months alone. Similar historical trend can be observed in price changes e.g. prices changed £334 in last 6 months, £1,396 in last 1 year, £3,797 in last 2 years, £2,487 in last 3 years, £3,010 in last 4 years and £2,205 in last 5 years.
Currently average asking price of a property in Penshaw Court, Billingham, TS23 is around £113,411 based on approximately 1 properties for sale. Same is the case with rental options based on 18 properties up for rent, average asking rent is around £608 per month.
Estimated property value in Penshaw Court, Billingham, TS23 is £70,189. Average asking price is £113,411 while average price paid is £71,000 which is up by £1,396 and Avg. asking rent £608.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 Penshaw Court, Billingham, TS23 area. In last 1 year alone average price buyer paid is around £71,000 based on approximately 1 sales in Penshaw Court, Billingham, TS23 area alone. If you compare it to last 3 years sales of 1 properties where buyers paid around £71,000. 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 £64,750 for 2 and average amount paid for purchase of approx. 3 properties sold in last 7 years comes to about £66,500 per sale.