Average Price for property in Drummonds Close, Longhorsley, Morpeth, NE65 is around £162,157 which varies based on type of property you are interested in and ranges from £241,993 for detached house to around £149,583 for semi-detached. Similarly terraced house is around £148,120. Values have been changing and have risen £229 in last 3 months alone. Similar historical trend can be observed in price changes e.g. prices changed £979 in last 6 months, £11,642 in last 1 year, £13,279 in last 2 years, £17,467 in last 3 years, £7,977 in last 4 years and £10,066 in last 5 years.
Currently average asking price of a property in Drummonds Close, Longhorsley, Morpeth, NE65 is around £283,954 based on approximately 0 properties for sale. Same is the case with rental options based on 48 properties up for rent, average asking rent is around £539 per month.
Estimated property value in Drummonds Close, Longhorsley, Morpeth, NE65 is £162,157. Average asking price is £283,954 while average price paid is £70,000 which is up by £17,467 and Avg. asking rent £539.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 Drummonds Close, Longhorsley, Morpeth, NE65 area. In last 3 years alone average price buyer paid is around £70,000 based on approximately 1 sales in Drummonds Close, Longhorsley, Morpeth, NE65 area alone. If you compare it to last 5 years sales of 2 properties where buyers paid around £117,000. 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 £117,000 for 2 per sale.