Average Price for property in Mile Road, Widdrington, Morpeth, NE61 is around £188,105 which varies based on type of property you are interested in and ranges from £252,141 for detached house to around £142,468 for semi-detached. Similarly terraced house is around £92,277. Values have been changing and have risen £703 in last 3 months alone. Similar historical trend can be observed in price changes e.g. prices changed £1,487 in last 6 months, £10,764 in last 1 year, £15,243 in last 2 years, £21,703 in last 3 years, £15,378 in last 4 years and £10,893 in last 5 years.
Currently average asking price of a property in Mile Road, Widdrington, Morpeth, NE61 is around £297,832 based on approximately 4 properties for sale. Same is the case with rental options based on 70 properties up for rent, average asking rent is around £853 per month.
Estimated property value in Mile Road, Widdrington, Morpeth, NE61 is £188,105. Average asking price is £297,832 while average price paid is £180,500 which is up by £10,764 and Avg. asking rent £853.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 Mile Road, Widdrington, Morpeth, NE61 area. In last 1 year alone average price buyer paid is around £180,500 based on approximately 4 sales in Mile Road, Widdrington, Morpeth, NE61 area alone. If you compare it to last 3 years sales of 8 properties where buyers paid around £168,000. 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 £175,133 for 15 and average amount paid for purchase of approx. 20 properties sold in last 7 years comes to about £165,550 per sale.