18 First Avenue

    18, FIRST AVENUE, MORPETH, MORPETH, NE61 2ES

    This terraced freehold property on First Avenue last sold in August 2006 for £90,000. Based on price growth in the NE61 district since then, its estimated current value is £136,903 — placing it in the 10th percentile nationally and the 15th percentile within NE61. The property covers 98 m² (1,055 sq ft), giving an estimated value of £1,397 per m². The EPC rating is C, with a potential rating of B.

    Type

    Terraced

    Tenure

    Freehold

    Floor Area

    98 m²

    (1,055 sq ft)

    Last Sale Price

    £90,000

    Aug 2006

    Estimated Valuation

    £136,903

    Est. £/m²

    £1,397/m²

    £130/sq ft

    Property Details

    TypeTerraced
    TenureFreehold
    Built formEnd-Terrace
    Construction ageEngland and Wales: 1930-1949
    Habitable rooms5
    Main fuelmains gas (not community)
    EPC currentC
    EPC potentialB
    Floor area98 m² (1,055 sq ft)
    EPC dateNov 2018
    WallsCavity wall, filled cavity
    HeatingBoiler and radiators, mains gas

    Transaction History

    29 Aug 2006

    £90,000

    23 May 2003

    £65,000

    18 Dec 2001

    £48,000

    30 Nov 1999

    £24,500

    12 Dec 1996

    £35,000

    Key Metrics

    Estimated valuation£136,903
    Value per m² / sq ft£1,397/m² (£130/sq ft)
    Estimated gross yieldNot available
    Implied monthly rentNot available
    NE61 district percentile15th percentile
    National percentile10th 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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