Average Price for property in Loansdean Wood, Morpeth, NE61 is around £191,731 which varies based on type of property you are interested in and ranges from £327,412 for terraced house to around £178,163 for a flat. Values have been changing and have risen £662 in last 3 months alone. Similar historical trend can be observed in price changes e.g. prices changed £1,401 in last 6 months, £10,146 in last 1 year, £14,368 in last 2 years, £20,459 in last 3 years, £14,498 in last 4 years and £10,271 in last 5 years.
Currently average asking price of a property in Loansdean Wood, Morpeth, NE61 is around £298,258 based on approximately 10 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 Loansdean Wood, Morpeth, NE61 is £191,731. Average asking price is £298,258 while average price paid is £228,520 which is up by £10,146 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 Loansdean Wood, Morpeth, NE61 area. In last 1 year alone average price buyer paid is around £228,520 based on approximately 10 sales in Loansdean Wood, Morpeth, NE61 area alone. If you compare it to last 3 years sales of 42 properties where buyers paid around £244,944. 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 £244,944 for 42 and average amount paid for purchase of approx. 42 properties sold in last 7 years comes to about £244,944 per sale.