54 Spelvit Lane

    54, SPELVIT LANE, MORPETH, NE61 2AB

    This terraced freehold property on Spelvit Lane last sold in June 2020 for £198,000. Based on price growth in the NE61 district since then, its estimated current value is £236,298 — placing it in the 34th percentile nationally and the 44th percentile within NE61. The property covers 61 m² (657 sq ft), giving an estimated value of £3,874 per m². The EPC rating is D, with a potential rating of C.

    Type

    Terraced

    Tenure

    Freehold

    Floor Area

    61 m²

    (657 sq ft)

    Last Sale Price

    £198,000

    Jun 2020

    Estimated Valuation

    £236,298

    Est. £/m²

    £3,874/m²

    £360/sq ft

    Property Details

    TypeTerraced
    TenureFreehold
    Built formSemi-Detached
    Construction ageEngland and Wales: 1950-1966
    Habitable rooms4
    Main fuelmains gas (not community)
    EPC currentD
    EPC potentialC
    Floor area61 m² (657 sq ft)
    EPC dateMar 2019
    WallsCavity wall, filled cavity
    HeatingBoiler and radiators, mains gas

    Transaction History

    15 Jun 2020

    £198,000

    7 Aug 2007

    £179,000

    10 Mar 2006

    £129,000

    Key Metrics

    Estimated valuation£236,298
    Value per m² / sq ft£3,874/m² (£360/sq ft)
    Estimated gross yieldNot available
    Implied monthly rentNot available
    NE61 district percentile44th percentile
    National percentile34th 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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