34 Spelvit Lane

    34, SPELVIT LANE, MORPETH, NE61 2AB

    This detached leasehold property on Spelvit Lane last sold in September 2014 for £134,200. Based on price growth in the NE61 district since then, its estimated current value is £183,788 — placing it in the 20th percentile nationally and the 29th percentile within NE61. The property covers 60 m² (646 sq ft), giving an estimated value of £3,063 per m². The EPC rating is C, with a potential rating of B.

    Type

    Detached

    Tenure

    Leasehold

    Floor Area

    60 m²

    (646 sq ft)

    Last Sale Price

    £134,200

    Sept 2014

    Estimated Valuation

    £183,788

    Est. £/m²

    £3,063/m²

    £285/sq ft

    Property Details

    TypeDetached
    TenureLeasehold
    Built formDetached
    Construction ageEngland and Wales: 1930-1949
    Habitable rooms4
    Main fuelmains gas (not community)
    EPC currentC
    EPC potentialB
    Floor area60 m² (646 sq ft)
    EPC dateFeb 2014
    WallsCavity wall, filled cavity
    HeatingBoiler and radiators, mains gas

    Transaction History

    17 Sept 2014

    £134,200

    17 Sept 2014

    £134,200

    Key Metrics

    Estimated valuation£183,788
    Value per m² / sq ft£3,063/m² (£285/sq ft)
    Estimated gross yieldNot available
    Implied monthly rentNot available
    NE61 district percentile29th percentile
    National percentile20th 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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