Berwick-upon-Tweed

Area Guide For Berwick-upon-Tweed

Berwick-upon-Tweed is a town in the county of Northumberland and is the northernmost town in England, on the east coast at the mouth of the River Tweed. It is situated 2.5 miles (4 km) South of the English border. Berwick-upon-Tweed had a population of 11,665 at the time of the United Kingdom Census 2001. A civil parish and town council were created in 2008. Founded as an Anglo-Saxon settlement during the time of the kingdom of Northumbria, the area was for over 400 years central to historic border war between the Kingdoms of England and Scotland. The last time it changed hands was when England retook it in 1482. Berwick remains a traditional market town and also has some notable architectural features, in particular its defence ramparts and barrack buildings. The name “Berwick” is of Old English origin, and is derived from the term bere-wc, combining bere, meaning barley, and wc, referring to a farm or settlement.Berwick thus means barley village or barley farm. While under Scottish control, Berwick was referred to as "South Berwick" in order to differentiate it from the town of North Berwick, East Lothian, near Edinburgh. In the post-Roman

 
 

Berwick-upon-Tweed Map

Estimated Price: £176,027
Average Asking Price: £220,230
Price change in last one year: £5,424
Average Price Paid: £163,843
Average Rent Rates: £505

 
 

Property Prices Breakdown in Berwick-upon-Tweed

Average Price for property in Berwick-upon-Tweed is around £176,027 which varies based on type of property you are interested in and ranges from £279,047 for detached house to around £140,663 for semi-detached. Similarly terraced house is around £141,154 and a flat is worth £102,062. Values have been changing and have risen £1,678 in last 3 months alone. Similar historical trend can be observed in price changes e.g. prices changed £6,379 in last 6 months, £5,424 in last 1 year, £16,744 in last 2 years, £14,384 in last 3 years, £17,208 in last 4 years and £21,390 in last 5 years.

Currently average asking price of a property in Berwick-upon-Tweed is around £220,230 based on approximately 223 properties for sale. Same is the case with rental options based on 37 properties up for rent, average asking rent is around £505 per month.

Estimated property value in Berwick-upon-Tweed is £176,027. Average asking price is £220,230 while average price paid is £183,438 which is up by £5,424 and Avg. asking rent £505.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 Berwick-upon-Tweed area. In last 1 year alone average price buyer paid is around £183,438 based on approximately 223 sales in Berwick-upon-Tweed area alone. If you compare it to last 3 years sales of 593 properties where buyers paid around £167,753. 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 £163,843 for 1,004 and average amount paid for purchase of approx. 1,360 properties sold in last 7 years comes to about £163,128 per sale.

 
 

Properties For Sale in Berwick-upon-Tweed

 
 

Breakdown of asking prices for homes of different sizes show that price varies clearly based on no of bedrooms and type of house. Asking price for a house with 1 bedroom is around £81,225, £139,126 for a 2 bedroom house, £194,668 for a 3 bedroom house, £303,710 for a 4 bedroom house and £411,208 for a 5 bedroom house. For a flat similarly the prices varies from £72,990 for a single bedroom to £103,939 for a 2 bedroom Flat. Same is the case with 3 bedroom flat £150,421 and £220,000 for a 5 bedroom flat. To sum up the asking prices for properties in Berwick-upon-Tweed it comes to around average £75,343 for 1 bedroom property, £126,870 for 2 bedroom, £192,657 for 3 bedroom, £303,710 for 4 bedroom and £405,233 for a 5 bedroom property.

Rent per calendar month varies similarly based on type and size of the house. If you look at the rents per month for houses alone it can vary from £491 for 2 bedroom to £563 for 3 bedroom, £657 for 4 bedroom and £750 for 5 bedroom. But if you are interested in renting a 1 bedroom flat then rent per month can be around £396. As the no. of bedroom increase so will the rent e.g. for a 2 bedroom flat it will be around £461. You should be generally be expecting around average £396 rent per month for single bedroom property, £475 for 2 bedroom, £563 for 3 bedroom, £657 for 4 bedroom and approximately £750 for a 5 bedroom property in Berwick-upon-Tweed area.

Popular Houses in Berwick-upon-Tweed

Disclaimer : Location real estate estimates and values are based on House price index background data and Sales data provided by United Kingdom Land registry Records available as public records from their website. This information is updated monthly on our website and may not reflect all public transactions. This information is based on estimated calculation generated from our developed algorithms. We are striving to make this information as accurate and useful as possible. This data covers the transactions received at Land Registry in the period 1/1/1995 to 9/1/2014. © Crown copyright 2014. Data produced by Land Registry © Crown copyright 2014.

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