2 Kings Avenue

    2, KINGS AVENUE, MORPETH, NE61 1HX

    This detached freehold property on Kings Avenue last sold in June 2015 for £540,000. Based on price growth in the NE61 district since then, its estimated current value is £720,151 — placing it in the 91st percentile nationally and the 96th percentile within NE61. The property covers 211 m² (2,271 sq ft), giving an estimated value of £3,413 per m². The EPC rating is E, with a potential rating of C.

    Type

    Detached

    Tenure

    Freehold

    Floor Area

    211 m²

    (2,271 sq ft)

    Last Sale Price

    £540,000

    Jun 2015

    Estimated Valuation

    £720,151

    Est. £/m²

    £3,413/m²

    £317/sq ft

    Property Details

    TypeDetached
    TenureFreehold
    Built formDetached
    Construction ageEngland and Wales: 1900-1929
    Habitable rooms7
    Main fuelmains gas (not community)
    EPC currentE
    EPC potentialC
    Floor area211 m² (2,271 sq ft)
    EPC dateSept 2013
    WallsSandstone, as built, no insulation (assumed)
    HeatingBoiler and radiators, mains gas

    Transaction History

    26 Jun 2015

    £540,000

    Key Metrics

    Estimated valuation£720,151
    Value per m² / sq ft£3,413/m² (£317/sq ft)
    Estimated gross yieldNot available
    Implied monthly rentNot available
    NE61 district percentile96th percentile
    National percentile91st 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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