44 Spelvit Lane

    44, SPELVIT LANE, MORPETH, NE61 2AB

    This semi-detached freehold property on Spelvit Lane last sold in May 2014 for £142,000. Based on price growth in the NE61 district since then, its estimated current value is £202,721 — placing it in the 25th percentile nationally and the 34th percentile within NE61. The property covers 21 m² (226 sq ft), giving an estimated value of £9,653 per m². The EPC rating is F, with a potential rating of B.

    Type

    Semi-Detached

    Tenure

    Freehold

    Floor Area

    21 m²

    (226 sq ft)

    Last Sale Price

    £142,000

    May 2014

    Estimated Valuation

    £202,721

    Est. £/m²

    £9,653/m²

    £897/sq ft

    Property Details

    TypeSemi-Detached
    TenureFreehold
    Built formSemi-Detached
    Construction ageEngland and Wales: 1950-1966
    Habitable rooms4
    Main fuelmains gas (not community)
    EPC currentF
    EPC potentialB
    Floor area21 m² (226 sq ft)
    EPC dateMar 2014
    WallsCavity wall, filled cavity
    HeatingBoiler and radiators, mains gas

    Transaction History

    23 May 2014

    £142,000

    Key Metrics

    Estimated valuation£202,721
    Value per m² / sq ft£9,653/m² (£897/sq ft)
    Estimated gross yieldNot available
    Implied monthly rentNot available
    NE61 district percentile34th percentile
    National percentile25th 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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