3 School Close

    3, SCHOOL CLOSE, MORPETH, NE61 1DY

    This terraced freehold property on School Close last sold in October 2021 for £340,000. Based on price growth in the NE61 district since then, its estimated current value is £449,576 — placing it in the 74th percentile nationally and the 84th percentile within NE61. The property covers 112 m² (1,206 sq ft), giving an estimated value of £4,014 per m². The EPC rating is D, with a potential rating of C.

    Type

    Terraced

    Tenure

    Freehold

    Floor Area

    112 m²

    (1,206 sq ft)

    Last Sale Price

    £340,000

    Oct 2021

    Estimated Valuation

    £449,576

    Est. £/m²

    £4,014/m²

    £373/sq ft

    Property Details

    TypeTerraced
    TenureFreehold
    Built formEnd-Terrace
    Construction ageEngland and Wales: 1930-1949
    Habitable rooms5
    Main fuelmains gas (not community)
    EPC currentD
    EPC potentialC
    Floor area112 m² (1,206 sq ft)
    EPC dateMar 2014
    WallsCavity wall, filled cavity
    HeatingBoiler and radiators, mains gas

    Transaction History

    5 Oct 2021

    £340,000

    5 Jan 2018

    £275,000

    4 Apr 2008

    £300,000

    27 Feb 1998

    £79,000

    Key Metrics

    Estimated valuation£449,576
    Value per m² / sq ft£4,014/m² (£373/sq ft)
    Estimated gross yieldNot available
    Implied monthly rentNot available
    NE61 district percentile84th percentile
    National percentile74th 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

    Explore nearby