Average Price for property in Tweed Avenue, Ellington, Morpeth, NE61 is around £109,969 which varies based on type of property you are interested in and ranges from £159,174 for detached house to around £122,786 for semi-detached. Similarly terraced house is around £92,209 and a flat is worth £57,824. Values have been changing and have risen £396 in last 3 months alone. Similar historical trend can be observed in price changes e.g. prices changed £838 in last 6 months, £6,071 in last 1 year, £8,600 in last 2 years, £12,245 in last 3 years, £8,682 in last 4 years and £6,155 in last 5 years.
Currently average asking price of a property in Tweed Avenue, Ellington, Morpeth, NE61 is around £298,258 based on approximately 4 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 Tweed Avenue, Ellington, Morpeth, NE61 is £109,969. Average asking price is £298,258 while average price paid is £106,875 which is up by £6,071 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 Tweed Avenue, Ellington, Morpeth, NE61 area. In last 1 year alone average price buyer paid is around £106,875 based on approximately 4 sales in Tweed Avenue, Ellington, Morpeth, NE61 area alone. If you compare it to last 3 years sales of 7 properties where buyers paid around £91,002. 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 £94,502 for 8 and average amount paid for purchase of approx. 9 properties sold in last 7 years comes to about £90,446 per sale.