Average Price for property in Abbey Gate, Morpeth, NE61 is around £220,890 which varies based on type of property you are interested in and ranges from £234,877 for detached house to around £211,991 for semi-detached. Values have been changing and have risen £823 in last 3 months alone. Similar historical trend can be observed in price changes e.g. prices changed £1,741 in last 6 months, £12,586 in last 1 year, £17,823 in last 2 years, £25,379 in last 3 years, £17,982 in last 4 years and £12,736 in last 5 years.
Currently average asking price of a property in Abbey Gate, Morpeth, NE61 is around £298,258 based on approximately 0 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 Abbey Gate, Morpeth, NE61 is £220,890. Average asking price is £298,258 while average price paid is £218,333 which is up by £25,379 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 Abbey Gate, Morpeth, NE61 area. In last 3 years alone average price buyer paid is around £218,333 based on approximately 3 sales in Abbey Gate, Morpeth, NE61 area alone. If you compare it to last 5 years sales of 7 properties where buyers paid around £207,857. 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 £212,438 for 9 per sale.