Values have been changing and have risen £519 in last 3 months alone. Similar historical trend can be observed in price changes e.g. prices changed £1,098 in last 6 months, £7,940 in last 1 year, £11,245 in last 2 years, £16,013 in last 3 years, £11,351 in last 4 years and £8,044 in last 5 years.
Currently average asking price of a property in Springhill Walk, 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 Springhill Walk, Morpeth, NE61 is £138,905. Average asking price is £298,258 while average price paid is £133,783 which is up by £16,013 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 Springhill Walk, Morpeth, NE61 area. In last 3 years alone average price buyer paid is around £133,783 based on approximately 6 sales in Springhill Walk, Morpeth, NE61 area alone. If you compare it to last 5 years sales of 8 properties where buyers paid around £125,837. 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 £123,470 for 10 per sale.