2 Palmerston Avenue

    2, PALMERSTON AVENUE, ST. GEORGES WOOD, MORPETH, NE61 2GF

    This detached freehold property on Palmerston Avenue last sold in December 2023 for £405,000. Based on price growth in the NE61 district since then, its estimated current value is £430,986 — placing it in the 71st percentile nationally and the 82nd percentile within NE61. The property covers 123 m² (1,324 sq ft), giving an estimated value of £3,504 per m². The EPC rating is B, with a potential rating of A.

    Type

    Detached

    Tenure

    Freehold

    Floor Area

    123 m²

    (1,324 sq ft)

    Last Sale Price

    £405,000

    Dec 2023

    Estimated Valuation

    £430,986

    Est. £/m²

    £3,504/m²

    £326/sq ft

    Property Details

    TypeDetached
    TenureFreehold
    Built formDetached
    Construction age2023
    Habitable roomsNot available
    Main fuelGas: mains gas
    EPC currentB
    EPC potentialA
    Floor area123 m² (1,324 sq ft)
    EPC dateApr 2023
    WallsAverage thermal transmittance 0.24 W/m²K
    HeatingBoiler and radiators, mains gas

    Transaction History

    18 Dec 2023

    £405,000

    30 Sept 2021

    £375,000

    24 Jun 2016

    New build

    £348,995

    Key Metrics

    Estimated valuation£430,986
    Value per m² / sq ft£3,504/m² (£326/sq ft)
    Estimated gross yieldNot available
    Implied monthly rentNot available
    NE61 district percentile82nd percentile
    National percentile71st 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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