8 The Steads

    8, THE STEADS, MORPETH, NE61 2EG

    This terraced freehold property on The Steads last sold in May 2024 for £181,500. Based on price growth in the NE61 district since then, its estimated current value is £201,383 — placing it in the 25th percentile nationally and the 34th percentile within NE61. The property covers 53 m² (570 sq ft), giving an estimated value of £3,800 per m². The EPC rating is C, with a potential rating of B.

    Type

    Terraced

    Tenure

    Freehold

    Floor Area

    53 m²

    (570 sq ft)

    Last Sale Price

    £181,500

    May 2024

    Estimated Valuation

    £201,383

    Est. £/m²

    £3,800/m²

    £353/sq ft

    Property Details

    TypeTerraced
    TenureFreehold
    Built formEnd-Terrace
    Construction ageEngland and Wales: 1983-1990
    Habitable rooms2
    Main fuelmains gas (not community)
    EPC currentC
    EPC potentialB
    Floor area53 m² (570 sq ft)
    EPC dateSept 2021
    WallsCavity wall, filled cavity
    HeatingBoiler and radiators, mains gas

    Transaction History

    9 May 2024

    £181,500

    24 Aug 2005

    £140,000

    Key Metrics

    Estimated valuation£201,383
    Value per m² / sq ft£3,800/m² (£353/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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