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Monday 09 February 2015 9:49 am

The cost of renting this medieval castle has fallen 14 per cent in 18 months

By: Emma Haslett

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It seems the cost of being an Englishman has fallen over the past two years, after the price of renting a castle has fallen 14 per cent. Or at least, that's if Bellister Castle is anything to go by: the property has just come up for rent, at a significant discount to last time it went on the market.

The seven-bedroom castle in Haltwhistle, Northumberland can be yours for just £346 per week, or £1,500 per month. The home, which dates back to 1669 and is approached along a tree-lined drive, went up for rent in June 2013, at £1,750 per month.

Admittedly, even at its original price, the castle was a snip in comparison to a similar-sized property in London. Plus, it comes with its own ghost – a minstrel who was savaged to death by hounds after he was accused of being a spy.

Still, it shows that despite figures which showed a 1.4 per cent rise in house prices during January, growth in house and rental prices does not extend to the entire 

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