Average Price for property in Petworth Gardens, Pegswood, Morpeth, NE61 is around £199,827 e.g. average price for detached house is around 199,827. Values have been changing and have risen £745 in last 3 months alone. Similar historical trend can be observed in price changes e.g. prices changed £1,577 in last 6 months, £11,407 in last 1 year, £16,154 in last 2 years, £23,004 in last 3 years, £16,302 in last 4 years and £11,548 in last 5 years.
Currently average asking price of a property in Petworth Gardens, Pegswood, Morpeth, NE61 is around £298,258 based on approximately 1 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 Petworth Gardens, Pegswood, Morpeth, NE61 is £199,827. Average asking price is £298,258 while average price paid is £159,950 which is up by £11,407 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 Petworth Gardens, Pegswood, Morpeth, NE61 area. In last 1 year alone average price buyer paid is around £159,950 based on approximately 1 sales in Petworth Gardens, Pegswood, Morpeth, NE61 area alone. If you compare it to last 3 years sales of 1 properties where buyers paid around £159,950. 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 £178,725 for 2 and average amount paid for purchase of approx. 2 properties sold in last 7 years comes to about £178,725 per sale.