Average Price for property in Bowmont, Ellington, Morpeth, NE61 is around £140,411 which varies based on type of property you are interested in and ranges from £155,994 for semi-detached to around £113,141 for terraced house. Values have been changing and have risen £509 in last 3 months alone. Similar historical trend can be observed in price changes e.g. prices changed £1,077 in last 6 months, £7,787 in last 1 year, £11,029 in last 2 years, £15,707 in last 3 years, £11,135 in last 4 years and £7,893 in last 5 years.
Currently average asking price of a property in Bowmont, Ellington, Morpeth, NE61 is around £298,258 based on approximately 0 properties for sale. Same is the case with rental options based on 68 properties up for rent, average asking rent is around £860 per month.
Estimated property value in Bowmont, Ellington, Morpeth, NE61 is £140,411. Average asking price is £298,258 while average price paid is £159,950 which is up by £15,707 and Avg. asking rent £860.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 Bowmont, Ellington, Morpeth, NE61 area. In last 3 years alone average price buyer paid is around £159,950 based on approximately 1 sales in Bowmont, Ellington, Morpeth, NE61 area alone. If you compare it to last 5 years sales of 3 properties where buyers paid around £130,650. It has been same for some time now for e.g. if you take an average of amount paid in last 7 years, it comes to around £130,650 for 3 per sale.