Average Price for property in Netherwitton, Morpeth, NE61 is around £500,917 which varies based on type of property you are interested in and ranges from £520,432 for detached house to around £208,902 for terraced house. Values have been changing and have risen £1,806 in last 3 months alone. Similar historical trend can be observed in price changes e.g. prices changed £3,822 in last 6 months, £27,589 in last 1 year, £39,064 in last 2 years, £55,626 in last 3 years, £39,398 in last 4 years and £27,885 in last 5 years.
Currently average asking price of a property in Netherwitton, 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 Netherwitton, Morpeth, NE61 is £500,917. Average asking price is £298,258 while average price paid is £299,250 which is up by £27,589 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 Netherwitton, Morpeth, NE61 area. In last 1 year alone average price buyer paid is around £299,250 based on approximately 2 sales in Netherwitton, Morpeth, NE61 area alone. If you compare it to last 3 years sales of 2 properties where buyers paid around £299,250. 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 £299,250 for 2 and average amount paid for purchase of approx. 4 properties sold in last 7 years comes to about £258,625 per sale.