8 Reid Street

    8, REID STREET, MORPETH, NE61 1TY

    This terraced freehold property on Reid Street last sold in January 2020 for £72,500. Based on price growth in the NE61 district since then, its estimated current value is £86,523 — placing it in the 2nd percentile nationally and the 5th percentile within NE61. The property covers 58 m² (624 sq ft), giving an estimated value of £1,492 per m². The EPC rating is C, with a potential rating of B.

    Type

    Terraced

    Tenure

    Freehold

    Floor Area

    58 m²

    (624 sq ft)

    Last Sale Price

    £72,500

    Jan 2020

    Estimated Valuation

    £86,523

    Est. £/m²

    £1,492/m²

    £139/sq ft

    Property Details

    TypeTerraced
    TenureFreehold
    Built formMid-Terrace
    Construction ageEngland and Wales: 1930-1949
    Habitable rooms3
    Main fuelmains gas (not community)
    EPC currentC
    EPC potentialB
    Floor area58 m² (624 sq ft)
    EPC dateSept 2019
    WallsCavity wall, as built, no insulation (assumed)
    HeatingBoiler and radiators, mains gas

    Transaction History

    20 Jan 2020

    £72,500

    29 Aug 2006

    £114,000

    28 Sept 2001

    £42,950

    29 Nov 1995

    £24,000

    Key Metrics

    Estimated valuation£86,523
    Value per m² / sq ft£1,492/m² (£139/sq ft)
    Estimated gross yieldNot available
    Implied monthly rentNot available
    NE61 district percentile5th percentile
    National percentile2nd 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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