8 Fernway

    8, FERNWAY, MORPETH, NE61 1XJ

    This detached freehold property on Fernway last sold in September 2019 for £350,000. Based on price growth in the NE61 district since then, its estimated current value is £420,370 — placing it in the 70th percentile nationally and the 81st percentile within NE61. The property covers 139 m² (1,496 sq ft), giving an estimated value of £3,024 per m². The EPC rating is C, with a potential rating of C.

    Type

    Detached

    Tenure

    Freehold

    Floor Area

    139 m²

    (1,496 sq ft)

    Last Sale Price

    £350,000

    Sept 2019

    Estimated Valuation

    £420,370

    Est. £/m²

    £3,024/m²

    £281/sq ft

    Property Details

    TypeDetached
    TenureFreehold
    Built formDetached
    Construction ageEngland and Wales: 1983-1990
    Habitable rooms7
    Main fuelmains gas (not community)
    EPC currentC
    EPC potentialC
    Floor area139 m² (1,496 sq ft)
    EPC dateJul 2019
    WallsCavity wall, as built, insulated (assumed)
    HeatingBoiler and radiators, mains gas

    Transaction History

    3 Sept 2019

    £350,000

    Key Metrics

    Estimated valuation£420,370
    Value per m² / sq ft£3,024/m² (£281/sq ft)
    Estimated gross yieldNot available
    Implied monthly rentNot available
    NE61 district percentile81st percentile
    National percentile70th 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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