Average Price for property in The Glebe, Stannington, Morpeth, NE61 is around £279,390 which varies based on type of property you are interested in and ranges from £280,733 for detached house to around £249,822 for semi-detached. Values have been changing and have risen £997 in last 3 months alone. Similar historical trend can be observed in price changes e.g. prices changed £2,109 in last 6 months, £15,242 in last 1 year, £21,582 in last 2 years, £30,731 in last 3 years, £21,771 in last 4 years and £15,415 in last 5 years.
Currently average asking price of a property in The Glebe, Stannington, 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 The Glebe, Stannington, Morpeth, NE61 is £279,390. Average asking price is £298,258 while average price paid is £273,000 which is up by £15,242 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 The Glebe, Stannington, Morpeth, NE61 area. In last 1 year alone average price buyer paid is around £273,000 based on approximately 1 sales in The Glebe, Stannington, Morpeth, NE61 area alone. If you compare it to last 3 years sales of 3 properties where buyers paid around £234,333. 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 £251,875 for 8 and average amount paid for purchase of approx. 10 properties sold in last 7 years comes to about £245,495 per sale.