50 Spelvit Lane

    50, SPELVIT LANE, MORPETH, NE61 2AB

    This terraced freehold property on Spelvit Lane last sold in May 2014 for £158,950. Based on price growth in the NE61 district since then, its estimated current value is £222,666 — placing it in the 30th percentile nationally and the 40th percentile within NE61. The property covers 62 m² (667 sq ft), giving an estimated value of £3,591 per m². The EPC rating is C, with a potential rating of B.

    Type

    Terraced

    Tenure

    Freehold

    Floor Area

    62 m²

    (667 sq ft)

    Last Sale Price

    £158,950

    May 2014

    Estimated Valuation

    £222,666

    Est. £/m²

    £3,591/m²

    £334/sq ft

    Property Details

    TypeTerraced
    TenureFreehold
    Built formSemi-Detached
    Construction ageEngland and Wales: 1967-1975
    Habitable rooms3
    Main fuelmains gas (not community)
    EPC currentC
    EPC potentialB
    Floor area62 m² (667 sq ft)
    EPC dateFeb 2014
    WallsCavity wall, filled cavity
    HeatingBoiler and radiators, mains gas

    Transaction History

    28 May 2014

    £158,950

    31 May 1995

    £52,000

    Key Metrics

    Estimated valuation£222,666
    Value per m² / sq ft£3,591/m² (£334/sq ft)
    Estimated gross yieldNot available
    Implied monthly rentNot available
    NE61 district percentile40th percentile
    National percentile30th 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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