2 Abbey Terrace

    2, ABBEY TERRACE, MORPETH, NE61 1QR

    This terraced freehold property on Abbey Terrace last sold in December 2016 for £295,000. Based on price growth in the NE61 district since then, its estimated current value is £391,908 — placing it in the 66th percentile nationally and the 77th percentile within NE61. The property covers 141 m² (1,518 sq ft), giving an estimated value of £2,779 per m². The EPC rating is D, with a potential rating of C.

    Type

    Terraced

    Tenure

    Freehold

    Floor Area

    141 m²

    (1,518 sq ft)

    Last Sale Price

    £295,000

    Dec 2016

    Estimated Valuation

    £391,908

    Est. £/m²

    £2,779/m²

    £258/sq ft

    Property Details

    TypeTerraced
    TenureFreehold
    Built formMid-Terrace
    Construction ageEngland and Wales: before 1900
    Habitable rooms6
    Main fuelmains gas (not community)
    EPC currentD
    EPC potentialC
    Floor area141 m² (1,518 sq ft)
    EPC dateJul 2016
    WallsSolid brick, as built, no insulation (assumed)
    HeatingBoiler and radiators, mains gas

    Transaction History

    14 Dec 2016

    £295,000

    6 Jul 2001

    £127,000

    11 Jul 1997

    £75,000

    Key Metrics

    Estimated valuation£391,908
    Value per m² / sq ft£2,779/m² (£258/sq ft)
    Estimated gross yieldNot available
    Implied monthly rentNot available
    NE61 district percentile77th percentile
    National percentile66th 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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