7 Reid Street

    7, REID STREET, MORPETH, NE61 1TY

    This terraced freehold property on Reid Street last sold in September 2016 for £97,000. Based on price growth in the NE61 district since then, its estimated current value is £128,865 — placing it in the 8th percentile nationally and the 13th percentile within NE61. The property covers 69 m² (743 sq ft), giving an estimated value of £1,868 per m². The EPC rating is D, with a potential rating of B.

    Type

    Terraced

    Tenure

    Freehold

    Floor Area

    69 m²

    (743 sq ft)

    Last Sale Price

    £97,000

    Sept 2016

    Estimated Valuation

    £128,865

    Est. £/m²

    £1,868/m²

    £174/sq ft

    Property Details

    TypeTerraced
    TenureFreehold
    Built formMid-Terrace
    Construction ageEngland and Wales: 1900-1929
    Habitable rooms5
    Main fuelmains gas (not community)
    EPC currentD
    EPC potentialB
    Floor area69 m² (743 sq ft)
    EPC dateMay 2016
    WallsCavity wall, as built, no insulation (assumed)
    HeatingBoiler and radiators, mains gas

    Transaction History

    30 Sept 2016

    £97,000

    Key Metrics

    Estimated valuation£128,865
    Value per m² / sq ft£1,868/m² (£174/sq ft)
    Estimated gross yieldNot available
    Implied monthly rentNot available
    NE61 district percentile13th percentile
    National percentile8th 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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