Average Price for property in Lyne Terrace, Lynemouth, Morpeth, NE61 is around £122,799 e.g. average price for terraced house is around 122,799. Values have been changing and have risen £453 in last 3 months alone. Similar historical trend can be observed in price changes e.g. prices changed £959 in last 6 months, £6,951 in last 1 year, £9,844 in last 2 years, £14,019 in last 3 years, £9,940 in last 4 years and £7,047 in last 5 years.
Currently average asking price of a property in Lyne Terrace, Lynemouth, 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 Lyne Terrace, Lynemouth, Morpeth, NE61 is £122,799. Average asking price is £298,258 while average price paid is £107,000 which is up by £6,951 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 Lyne Terrace, Lynemouth, Morpeth, NE61 area. In last 1 year alone average price buyer paid is around £107,000 based on approximately 1 sales in Lyne Terrace, Lynemouth, Morpeth, NE61 area alone. If you compare it to last 3 years sales of 1 properties where buyers paid around £107,000. 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 £107,000 for 1 and average amount paid for purchase of approx. 2 properties sold in last 7 years comes to about £118,000 per sale.