Average Price for property in Longhirst Road, Pegswood, Morpeth, NE61 is around £291,697 which varies based on type of property you are interested in and ranges from £368,907 for detached house to around £195,184 for semi-detached. Values have been changing and have risen £1,008 in last 3 months alone. Similar historical trend can be observed in price changes e.g. prices changed £2,134 in last 6 months, £15,418 in last 1 year, £21,832 in last 2 years, £31,088 in last 3 years, £22,024 in last 4 years and £15,594 in last 5 years.
Currently average asking price of a property in Longhirst Road, Pegswood, 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 Longhirst Road, Pegswood, Morpeth, NE61 is £291,697. Average asking price is £298,258 while average price paid is £240,000 which is up by £15,418 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 Longhirst Road, Pegswood, Morpeth, NE61 area. In last 1 year alone average price buyer paid is around £240,000 based on approximately 1 sales in Longhirst Road, Pegswood, Morpeth, NE61 area alone. If you compare it to last 3 years sales of 2 properties where buyers paid around £195,000. 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 £195,000 for 2 and average amount paid for purchase of approx. 4 properties sold in last 7 years comes to about £258,750 per sale.