Average Price for property in Morven Lea, Blaydon-on-Tyne, NE21 is around £119,739 which varies based on type of property you are interested in and ranges from £123,235 for semi-detached to around £119,581 for terraced house. Values have been changing and have risen £127 in last 3 months alone. Similar historical trend can be observed in price changes e.g. prices changed £209 in last 6 months, £7,254 in last 1 year, £10,294 in last 2 years, £13,633 in last 3 years, £6,093 in last 4 years and £4,629 in last 5 years.
Currently average asking price of a property in Morven Lea, Blaydon-on-Tyne, NE21 is around £186,925 based on approximately 2 properties for sale. Same is the case with rental options based on 32 properties up for rent, average asking rent is around £1,045 per month.
Estimated property value in Morven Lea, Blaydon-on-Tyne, NE21 is £119,739. Average asking price is £186,925 while average price paid is £104,950 which is up by £7,254 and Avg. asking rent £1,045.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 Morven Lea, Blaydon-on-Tyne, NE21 area. In last 1 year alone average price buyer paid is around £104,950 based on approximately 2 sales in Morven Lea, Blaydon-on-Tyne, NE21 area alone. If you compare it to last 3 years sales of 4 properties where buyers paid around £98,600. 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 £98,600 for 4 and average amount paid for purchase of approx. 5 properties sold in last 7 years comes to about £101,380 per sale.