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.