Average Price for property in Chester Square, Lynemouth, Morpeth, NE61 is around £65,925 which varies based on type of property you are interested in and ranges from £65,960 for terraced house to around £65,343 for a flat. Values have been changing and have risen £231 in last 3 months alone. Similar historical trend can be observed in price changes e.g. prices changed £488 in last 6 months, £3,553 in last 1 year, £5,034 in last 2 years, £7,168 in last 3 years, £5,087 in last 4 years and £3,612 in last 5 years.
Currently average asking price of a property in Chester Square, Lynemouth, 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 Chester Square, Lynemouth, Morpeth, NE61 is £65,925. Average asking price is £298,258 while average price paid is £53,875 which is up by £7,168 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 Chester Square, Lynemouth, Morpeth, NE61 area. In last 3 years alone average price buyer paid is around £53,875 based on approximately 4 sales in Chester Square, Lynemouth, Morpeth, NE61 area alone. If you compare it to last 5 years sales of 4 properties where buyers paid around £53,875. 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 £54,100 for 5 per sale.