Average Price for property in Castle Square, Morpeth, NE61 is around £168,319 which varies based on type of property you are interested in and ranges from £178,731 for terraced house to around £166,237 for a flat. Values have been changing and have risen £627 in last 3 months alone. Similar historical trend can be observed in price changes e.g. prices changed £1,327 in last 6 months, £9,606 in last 1 year, £13,602 in last 2 years, £19,370 in last 3 years, £13,728 in last 4 years and £9,727 in last 5 years.
Currently average asking price of a property in Castle Square, Morpeth, NE61 is around £298,258 based on approximately 1 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 Castle Square, Morpeth, NE61 is £168,319. Average asking price is £298,258 while average price paid is £177,500 which is up by £9,606 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 Castle Square, Morpeth, NE61 area. In last 1 year alone average price buyer paid is around £177,500 based on approximately 1 sales in Castle Square, Morpeth, NE61 area alone. If you compare it to last 3 years sales of 2 properties where buyers paid around £163,750. 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 £157,125 for 4 and average amount paid for purchase of approx. 4 properties sold in last 7 years comes to about £157,125 per sale.