Springwell House Wellway

    SPRINGWELL HOUSE, WELLWAY, MORPETH, NE61 1BJ

    This terraced freehold property on Wellway last sold in November 2001 for £48,750. Based on price growth in the NE61 district since then, its estimated current value is £168,841 — placing it in the 17th percentile nationally and the 24th percentile within NE61. The property covers 116 m² (1,249 sq ft), giving an estimated value of £1,456 per m². The EPC rating is D, with a potential rating of D.

    Type

    Terraced

    Tenure

    Freehold

    Floor Area

    116 m²

    (1,249 sq ft)

    Last Sale Price

    £48,750

    Nov 2001

    Estimated Valuation

    £168,841

    Est. £/m²

    £1,456/m²

    £135/sq ft

    Property Details

    TypeTerraced
    TenureFreehold
    Built formDetached
    Construction ageEngland and Wales: before 1900
    Habitable rooms4
    Main fuelmains gas (not community)
    EPC currentD
    EPC potentialD
    Floor area116 m² (1,249 sq ft)
    EPC dateNov 2013
    WallsSolid brick, as built, no insulation (assumed)
    HeatingBoiler and radiators, mains gas

    Transaction History

    9 Nov 2001

    £48,750

    Key Metrics

    Estimated valuation£168,841
    Value per m² / sq ft£1,456/m² (£135/sq ft)
    Estimated gross yieldNot available
    Implied monthly rentNot available
    NE61 district percentile24th percentile
    National percentile17th percentile

    District Context — NE61

    NE61 covers the area around Morpeth and nearby settlements in central Northumberland, located between Newcastle and the Scottish border. It is a rural and semi-rural district with strong community character and good access to both countryside and urban amenities.

    Average Property Price - NE61

    £293,975

    41

    National percentile

    Average Net Household Income - NE61

    £39,988

    58

    National percentile

    10-Year Annualised Price Growth - NE61

    3.5%

    47

    National percentile

    10-Year Annualised Rent Growth - NE

    4.0%

    54

    National percentile

    View full analysis for NE61

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