Average Price for property in Main Street, Red Row, Morpeth, NE61 is around £144,911 which varies based on type of property you are interested in and ranges from £202,271 for detached house to around £132,749 for semi-detached. Similarly terraced house is around £117,953 and a flat is worth £72,849. Values have been changing and have risen £542 in last 3 months alone. Similar historical trend can be observed in price changes e.g. prices changed £1,147 in last 6 months, £8,312 in last 1 year, £11,771 in last 2 years, £16,762 in last 3 years, £11,881 in last 4 years and £8,419 in last 5 years.
Currently average asking price of a property in Main Street, Red Row, Morpeth, NE61 is around £298,258 based on approximately 2 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 Main Street, Red Row, Morpeth, NE61 is £144,911. Average asking price is £298,258 while average price paid is £140,000 which is up by £8,312 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 Main Street, Red Row, Morpeth, NE61 area. In last 1 year alone average price buyer paid is around £140,000 based on approximately 2 sales in Main Street, Red Row, Morpeth, NE61 area alone. If you compare it to last 3 years sales of 9 properties where buyers paid around £120,000. 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 £122,421 for 19 and average amount paid for purchase of approx. 22 properties sold in last 7 years comes to about £127,997 per sale.