Average Price for property in Bamburgh is around £353,910 which varies based on type of property you are interested in and ranges from £459,644 for detached house to around £313,908 for semi-detached. Similarly terraced house is around £288,335 and a flat is worth £287,356. Values have been changing and have risen £1,956 in last 3 months alone. Similar historical trend can be observed in price changes e.g. prices changed £3,329 in last 6 months, £28,121 in last 1 year, £37,751 in last 2 years, £46,066 in last 3 years, £33,886 in last 4 years and £29,251 in last 5 years.
Currently average asking price of a property in Bamburgh is around £326,421 based on approximately 14 properties for sale. Same is the case with rental options based on 1 properties up for rent, average asking rent is around £594 per month.
Estimated property value in Bamburgh is £353,910. Average asking price is £326,421 while average price paid is £381,053 which is up by £28,121 and Avg. asking rent £594.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 Bamburgh area. In last 1 year alone average price buyer paid is around £381,053 based on approximately 14 sales in Bamburgh area alone. If you compare it to last 3 years sales of 41 properties where buyers paid around £368,492. 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 £355,758 for 71 and average amount paid for purchase of approx. 89 properties sold in last 7 years comes to about £343,048 per sale.