Average Price for property in De Mowbray Way, Morpeth, NE61 is around £267,311 which varies based on type of property you are interested in and ranges from £272,747 for detached house to around £221,096 for semi-detached. Values have been changing and have risen £1,001 in last 3 months alone. Similar historical trend can be observed in price changes e.g. prices changed £2,118 in last 6 months, £15,308 in last 1 year, £21,677 in last 2 years, £30,867 in last 3 years, £21,867 in last 4 years and £15,483 in last 5 years.
Currently average asking price of a property in De Mowbray Way, 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 De Mowbray Way, Morpeth, NE61 is £267,311. Average asking price is £298,258 while average price paid is £248,316 which is up by £30,867 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 De Mowbray Way, Morpeth, NE61 area. In last 3 years alone average price buyer paid is around £248,316 based on approximately 3 sales in De Mowbray Way, Morpeth, NE61 area alone. If you compare it to last 5 years sales of 4 properties where buyers paid around £246,987. 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 £239,658 for 6 per sale.