Average Price for property in Red Row, Morpeth, NE61 is around £202,558 which varies based on type of property you are interested in and ranges from £217,881 for detached house to around £163,156 for semi-detached. Similarly terraced house is around £213,245. Values have been changing and have risen £728 in last 3 months alone. Similar historical trend can be observed in price changes e.g. prices changed £1,539 in last 6 months, £11,121 in last 1 year, £15,749 in last 2 years, £22,429 in last 3 years, £15,895 in last 4 years and £11,261 in last 5 years.
Currently average asking price of a property in Red Row, 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 Red Row, Morpeth, NE61 is £202,558. Average asking price is £298,258 while average price paid is £142,500 which is up by £22,429 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 Red Row, Morpeth, NE61 area. In last 3 years alone average price buyer paid is around £142,500 based on approximately 5 sales in Red Row, Morpeth, NE61 area alone. If you compare it to last 5 years sales of 9 properties where buyers paid around £161,944. 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 £164,750 for 10 per sale.