Average Price for property in Hood Street, Morpeth, NE61 is around £203,156 which varies based on type of property you are interested in and ranges from £183,846 for semi-detached to around £206,375 for terraced house. Values have been changing and have risen £710 in last 3 months alone. Similar historical trend can be observed in price changes e.g. prices changed £1,503 in last 6 months, £10,871 in last 1 year, £15,394 in last 2 years, £21,921 in last 3 years, £15,533 in last 4 years and £11,003 in last 5 years.
Currently average asking price of a property in Hood Street, 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 Hood Street, Morpeth, NE61 is £203,156. Average asking price is £298,258 while average price paid is £187,833 which is up by £10,871 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 Hood Street, Morpeth, NE61 area. In last 1 year alone average price buyer paid is around £187,833 based on approximately 3 sales in Hood Street, Morpeth, NE61 area alone. If you compare it to last 3 years sales of 5 properties where buyers paid around £167,346. 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 £176,373 for 10 and average amount paid for purchase of approx. 18 properties sold in last 7 years comes to about £174,482 per sale.