Average Price for property in Old Sawmill, Mitford, Morpeth, NE61 is around £470,022 e.g. average price for detached house is around 470,022. Values have been changing and have risen £1,747 in last 3 months alone. Similar historical trend can be observed in price changes e.g. prices changed £3,696 in last 6 months, £26,685 in last 1 year, £37,783 in last 2 years, £53,803 in last 3 years, £38,107 in last 4 years and £26,973 in last 5 years.
Currently average asking price of a property in Old Sawmill, Mitford, Morpeth, NE61 is around £298,258 based on approximately 0 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 Old Sawmill, Mitford, Morpeth, NE61 is £470,022. Average asking price is £298,258 while average price paid is £315,000 which is up by £53,803 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 Old Sawmill, Mitford, Morpeth, NE61 area. In last 3 years alone average price buyer paid is around £315,000 based on approximately 1 sales in Old Sawmill, Mitford, Morpeth, NE61 area alone. If you compare it to last 5 years sales of 2 properties where buyers paid around £407,500. It has been same for some time now for e.g. if you take an average of amount paid in last 7 years, it comes to around £425,000 for 3 per sale.