Average Price for property in The Terrace, Whalton, Morpeth, NE61 is around £602,580 which varies based on type of property you are interested in and ranges from £796,274 for detached house to around £505,734 for terraced house. Values have been changing and have risen £2,117 in last 3 months alone. Similar historical trend can be observed in price changes e.g. prices changed £4,479 in last 6 months, £32,345 in last 1 year, £45,797 in last 2 years, £65,211 in last 3 years, £46,186 in last 4 years and £32,690 in last 5 years.
Currently average asking price of a property in The Terrace, Whalton, Morpeth, NE61 is around £297,832 based on approximately 0 properties for sale. Same is the case with rental options based on 70 properties up for rent, average asking rent is around £853 per month.
Estimated property value in The Terrace, Whalton, Morpeth, NE61 is £602,580. Average asking price is £297,832 while average price paid is £426,810 which is up by £65,211 and Avg. asking rent £853.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 Terrace, Whalton, Morpeth, NE61 area. In last 3 years alone average price buyer paid is around £426,810 based on approximately 2 sales in The Terrace, Whalton, Morpeth, NE61 area alone. If you compare it to last 5 years sales of 2 properties where buyers paid around £426,810. 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 £427,873 for 3 per sale.