Average Price for property in Monks Ridge, Morpeth, NE61 is around £168,407 e.g. average price for semi-detached is around 168,407. Values have been changing and have risen £606 in last 3 months alone. Similar historical trend can be observed in price changes e.g. prices changed £1,281 in last 6 months, £9,271 in last 1 year, £13,128 in last 2 years, £18,694 in last 3 years, £13,250 in last 4 years and £9,388 in last 5 years.
Currently average asking price of a property in Monks Ridge, Morpeth, NE61 is around £298,258 based on approximately 0 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 Monks Ridge, Morpeth, NE61 is £168,407. Average asking price is £298,258 while average price paid is £146,600 which is up by £9,388 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 Monks Ridge, Morpeth, NE61 area. In last 5 years alone average price buyer paid is around £146,600 based on approximately 1 sales in Monks Ridge, Morpeth, NE61 area alone. If you compare it to last 7 years sales of 2 properties where buyers paid around £158,800.