1 Lancaster Terrace

    1, LANCASTER TERRACE, MORPETH, NE61 1TZ

    This terraced freehold property on Lancaster Terrace last sold in March 2023 for £105,000. Based on price growth in the NE61 district since then, its estimated current value is £116,240 — placing it in the 6th percentile nationally and the 10th percentile within NE61. The property covers 52 m² (560 sq ft), giving an estimated value of £2,235 per m². The EPC rating is D, with a potential rating of B.

    Type

    Terraced

    Tenure

    Freehold

    Floor Area

    52 m²

    (560 sq ft)

    Last Sale Price

    £105,000

    Mar 2023

    Estimated Valuation

    £116,240

    Est. £/m²

    £2,235/m²

    £208/sq ft

    Property Details

    TypeTerraced
    TenureFreehold
    Built formEnd-Terrace
    Construction ageEngland and Wales: 1900-1929
    Habitable rooms2
    Main fuelmains gas (not community)
    EPC currentD
    EPC potentialB
    Floor area52 m² (560 sq ft)
    EPC dateJun 2016
    WallsCavity wall, filled cavity
    HeatingBoiler and radiators, mains gas

    Transaction History

    3 Mar 2023

    £105,000

    22 Jul 2016

    £89,000

    27 Jun 2003

    £65,000

    Key Metrics

    Estimated valuation£116,240
    Value per m² / sq ft£2,235/m² (£208/sq ft)
    Estimated gross yieldNot available
    Implied monthly rentNot available
    NE61 district percentile10th percentile
    National percentile6th 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

    More properties in NE61

    Explore nearby