Average Price for property in Fontburn Gardens, Morpeth, NE61 is around £103,196 e.g. average price for terraced house is around 103,196. Values have been changing and have risen £374 in last 3 months alone. Similar historical trend can be observed in price changes e.g. prices changed £792 in last 6 months, £5,747 in last 1 year, £8,140 in last 2 years, £11,591 in last 3 years, £8,218 in last 4 years and £5,829 in last 5 years.
Currently average asking price of a property in Fontburn Gardens, 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 Fontburn Gardens, Morpeth, NE61 is £103,196. Average asking price is £298,258 while average price paid is £60,000 which is up by £5,747 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 Fontburn Gardens, Morpeth, NE61 area. In last 1 year alone average price buyer paid is around £60,000 based on approximately 1 sales in Fontburn Gardens, Morpeth, NE61 area alone. If you compare it to last 3 years sales of 1 properties where buyers paid around £60,000. 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 £60,000 for 1 and average amount paid for purchase of approx. 2 properties sold in last 7 years comes to about £77,750 per sale.