Northumberland

Area Guide For Northumberland

Northumberland is a county in North East England. To the east is the North Sea coastline with a 64-mile (103 km) long distance path, the land it low and flat and increasingly mountainous towards the North West. Lying off the coast of Northumberland are the Farne Islands, another dolerite outcrop, famous for their bird life. Tourist attractions include the Hadrian’s Wall and Christian heritage of the Holy Island – Lindisfarne.

 
 

Northumberland Map

Estimated Price: £184,909
Average Asking Price: £246,673
Price change in last one year: £11,112
Average Price Paid: £161,604
Average Rent Rates: £653

 
 

Property Prices Breakdown in Northumberland

Average Price for property in Northumberland is around £184,909 which varies based on type of property you are interested in and ranges from £294,597 for detached house to around £156,651 for semi-detached. Similarly terraced house is around £128,385 and a flat is worth £113,147. Values have been changing and have risen £527 in last 3 months alone. Similar historical trend can be observed in price changes e.g. prices changed £2,808 in last 6 months, £11,112 in last 1 year, £17,139 in last 2 years, £20,207 in last 3 years, £13,795 in last 4 years and £11,638 in last 5 years.

Currently average asking price of a property in Northumberland is around £246,673 based on approximately 3,313 properties for sale. Same is the case with rental options based on 911 properties up for rent, average asking rent is around £653 per month.

Estimated property value in Northumberland is £184,909. Average asking price is £246,673 while average price paid is £164,441 which is up by £11,112 and Avg. asking rent £653.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 Northumberland area. In last 1 year alone average price buyer paid is around £164,441 based on approximately 3,313 sales in Northumberland area alone. If you compare it to last 3 years sales of 9,742 properties where buyers paid around £160,359. 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 £161,604 for 15,792 and average amount paid for purchase of approx. 21,774 properties sold in last 7 years comes to about £162,824 per sale.

 
 

Properties For Sale in Northumberland

 
 

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 £145,307, £124,100 for a 2 bedroom house, £182,188 for a 3 bedroom house, £328,357 for a 4 bedroom house and £554,479 for a 5 bedroom house. For a flat similarly the prices varies from £85,499 for a single bedroom to £115,060 for a 2 bedroom Flat. Same is the case with 3 bedroom flat £152,140, £177,474 for a 4 bedroom flat and £136,633 for a 5 bedroom flat. To sum up the asking prices for properties in Northumberland it comes to around average £104,453 for 1 bedroom property, £120,976 for 2 bedroom, £181,176 for 3 bedroom, £327,692 for 4 bedroom and £550,487 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 £446 for 1 bedroom to £460 for 2 bedrooms, £578 for 3 bedrooms, £1,187 for 4 bedrooms and £2,117 for 5 bedrooms house. But if you are interested in renting a 1 bedroom flat then rent per month can be around £388. As the no. of bedroom increase so will the rent e.g. for a 2 bedroom flat it will be around £436, £444 for 3 bedroom and £650 for 4 bedroom. You should be generally be expecting around average £402 rent per month for single bedroom property, £449 for 2 bedroom, £563 for 3 bedroom, £1,178 for 4 bedroom and approximately £2,117 for a 5 bedroom property in Northumberland area.

Popular Houses in Northumberland

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.

Sold Properties in Northumberland

Areas in and around Northumberland