Average Price for property in Green Lane, Morpeth, NE61 is around £176,782 which varies based on type of property you are interested in and ranges from £184,435 for detached house to around £176,887 for semi-detached. Similarly terraced house is around £162,990. Values have been changing and have risen £605 in last 3 months alone. Similar historical trend can be observed in price changes e.g. prices changed £1,279 in last 6 months, £9,254 in last 1 year, £13,106 in last 2 years, £18,662 in last 3 years, £13,226 in last 4 years and £9,370 in last 5 years.
Currently average asking price of a property in Green Lane, Morpeth, NE61 is around £298,258 based on approximately 3 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 Green Lane, Morpeth, NE61 is £176,782. Average asking price is £298,258 while average price paid is £126,833 which is up by £9,254 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 Green Lane, Morpeth, NE61 area. In last 1 year alone average price buyer paid is around £126,833 based on approximately 3 sales in Green Lane, Morpeth, NE61 area alone. If you compare it to last 3 years sales of 7 properties where buyers paid around £132,928. 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 £147,375 for 12 and average amount paid for purchase of approx. 14 properties sold in last 7 years comes to about £150,035 per sale.