Average Price for property in West View, Pegswood, Morpeth, NE61 is around £87,534 which varies based on type of property you are interested in and ranges from £86,389 for semi-detached to around £90,283 for terraced house. Values have been changing and have risen £325 in last 3 months alone. Similar historical trend can be observed in price changes e.g. prices changed £687 in last 6 months, £4,982 in last 1 year, £7,057 in last 2 years, £10,051 in last 3 years, £7,129 in last 4 years and £5,056 in last 5 years.
Currently average asking price of a property in West View, Pegswood, 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 West View, Pegswood, Morpeth, NE61 is £87,534. Average asking price is £298,258 while average price paid is £105,000 which is up by £4,982 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 West View, Pegswood, Morpeth, NE61 area. In last 1 year alone average price buyer paid is around £105,000 based on approximately 1 sales in West View, Pegswood, Morpeth, NE61 area alone. If you compare it to last 3 years sales of 3 properties where buyers paid around £83,666. 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 £79,750 for 6 and average amount paid for purchase of approx. 8 properties sold in last 7 years comes to about £79,812 per sale.