Average Price for property in Netherton Park, Stannington, Morpeth, NE61 is around £274,666 which varies based on type of property you are interested in and ranges from £368,806 for detached house to around £291,353 for semi-detached. Similarly terraced house is around £230,335 and a flat is worth £190,951. Values have been changing and have risen £939 in last 3 months alone. Similar historical trend can be observed in price changes e.g. prices changed £1,987 in last 6 months, £14,366 in last 1 year, £20,342 in last 2 years, £28,966 in last 3 years, £20,523 in last 4 years and £14,534 in last 5 years.
Currently average asking price of a property in Netherton Park, Stannington, Morpeth, NE61 is around £298,258 based on approximately 2 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 Netherton Park, Stannington, Morpeth, NE61 is £274,666. Average asking price is £298,258 while average price paid is £254,975 which is up by £14,366 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 Netherton Park, Stannington, Morpeth, NE61 area. In last 1 year alone average price buyer paid is around £254,975 based on approximately 2 sales in Netherton Park, Stannington, Morpeth, NE61 area alone. If you compare it to last 3 years sales of 3 properties where buyers paid around £225,983. 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 £225,983 for 3 and average amount paid for purchase of approx. 4 properties sold in last 7 years comes to about £268,237 per sale.