Average Price for property in Belford is around £220,000 which varies based on type of property you are interested in and ranges from £277,480 for detached house to around £179,702 for semi-detached. Similarly terraced house is around £159,116 and a flat is worth £195,764. 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 £1,564 in last 6 months, £17,153 in last 1 year, £23,383 in last 2 years, £28,089 in last 3 years, £20,433 in last 4 years and £17,261 in last 5 years.
Currently average asking price of a property in Belford is around £214,068 based on approximately 25 properties for sale. Same is the case with rental options based on 5 properties up for rent, average asking rent is around £491 per month.
Estimated property value in Belford is £220,000. Average asking price is £214,068 while average price paid is £185,948 which is up by £17,153 and Avg. asking rent £491.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 Belford area. In last 1 year alone average price buyer paid is around £185,948 based on approximately 25 sales in Belford area alone. If you compare it to last 3 years sales of 72 properties where buyers paid around £172,887. 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 £198,885 for 125 and average amount paid for purchase of approx. 189 properties sold in last 7 years comes to about £208,255 per sale.