7 Bankside

    7, BANKSIDE, MORPETH, NE61 1XD

    This detached freehold property on Bankside last sold in December 2013 for £300,000. Based on price growth in the NE61 district since then, its estimated current value is £415,694 — placing it in the 69th percentile nationally and the 80th percentile within NE61. The property covers 111 m² (1,195 sq ft), giving an estimated value of £3,745 per m². The EPC rating is B, with a potential rating of A.

    Type

    Detached

    Tenure

    Freehold

    Floor Area

    111 m²

    (1,195 sq ft)

    Last Sale Price

    £300,000

    Dec 2013

    Estimated Valuation

    £415,694

    Est. £/m²

    £3,745/m²

    £348/sq ft

    Property Details

    TypeDetached
    TenureFreehold
    Built formDetached
    Construction ageEngland and Wales: 1983-1990
    Habitable rooms5
    Main fuelmains gas (not community)
    EPC currentB
    EPC potentialA
    Floor area111 m² (1,195 sq ft)
    EPC dateJul 2014
    WallsCavity wall, filled cavity
    HeatingBoiler and radiators, mains gas

    Transaction History

    20 Dec 2013

    £300,000

    3 Jul 1998

    £134,000

    Key Metrics

    Estimated valuation£415,694
    Value per m² / sq ft£3,745/m² (£348/sq ft)
    Estimated gross yieldNot available
    Implied monthly rentNot available
    NE61 district percentile80th percentile
    National percentile69th 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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