7 South Terrace

    7, SOUTH TERRACE, MORPETH, NE61 1DZ

    This terraced freehold property on South Terrace last sold in July 2019 for £260,000. Based on price growth in the NE61 district since then, its estimated current value is £329,115 — placing it in the 55th percentile nationally and the 66th percentile within NE61. The property covers 106 m² (1,141 sq ft), giving an estimated value of £3,105 per m². The EPC rating is D, with a potential rating of C.

    Type

    Terraced

    Tenure

    Freehold

    Floor Area

    106 m²

    (1,141 sq ft)

    Last Sale Price

    £260,000

    Jul 2019

    Estimated Valuation

    £329,115

    Est. £/m²

    £3,105/m²

    £288/sq ft

    Property Details

    TypeTerraced
    TenureFreehold
    Built formMid-Terrace
    Construction ageEngland and Wales: 1930-1949
    Habitable rooms6
    Main fuelmains gas (not community)
    EPC currentD
    EPC potentialC
    Floor area106 m² (1,141 sq ft)
    EPC dateJun 2012
    WallsCavity wall, as built, no insulation (assumed)
    HeatingBoiler and radiators, mains gas

    Transaction History

    19 Jul 2019

    £260,000

    30 Aug 2012

    £175,000

    Key Metrics

    Estimated valuation£329,115
    Value per m² / sq ft£3,105/m² (£288/sq ft)
    Estimated gross yieldNot available
    Implied monthly rentNot available
    NE61 district percentile66th percentile
    National percentile55th 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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