Average Price for property in Cottingvale, Morpeth, NE61 is around £447,295 e.g. average price for detached house is around 447,295. Values have been changing and have risen £1,615 in last 3 months alone. Similar historical trend can be observed in price changes e.g. prices changed £3,418 in last 6 months, £24,691 in last 1 year, £34,961 in last 2 years, £49,781 in last 3 years, £35,263 in last 4 years and £24,962 in last 5 years.
Currently average asking price of a property in Cottingvale, 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 Cottingvale, Morpeth, NE61 is £447,295. Average asking price is £298,258 while average price paid is £336,750 which is up by £49,781 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 Cottingvale, Morpeth, NE61 area. In last 3 years alone average price buyer paid is around £336,750 based on approximately 2 sales in Cottingvale, Morpeth, NE61 area alone. If you compare it to last 5 years sales of 3 properties where buyers paid around £347,833. 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 £362,100 for 5 per sale.