4 Fourth Avenue

    4, FOURTH AVENUE, MORPETH, NE61 2HJ

    This semi-detached freehold property on Fourth Avenue last sold in January 2014 for £60,000. Based on price growth in the NE61 district since then, its estimated current value is £85,657 — placing it in the 2nd percentile nationally and the 4th percentile within NE61. The property covers 80 m² (861 sq ft), giving an estimated value of £1,071 per m². The EPC rating is E, with a potential rating of B.

    Type

    Semi-Detached

    Tenure

    Freehold

    Floor Area

    80 m²

    (861 sq ft)

    Last Sale Price

    £60,000

    Jan 2014

    Estimated Valuation

    £85,657

    Est. £/m²

    £1,071/m²

    £99/sq ft

    Property Details

    TypeSemi-Detached
    TenureFreehold
    Built formSemi-Detached
    Construction ageEngland and Wales: 1930-1949
    Habitable rooms4
    Main fueldual fuel - mineral + wood
    EPC currentE
    EPC potentialB
    Floor area80 m² (861 sq ft)
    EPC dateMar 2015
    WallsCavity wall, as built, no insulation (assumed)
    HeatingBoiler and radiators, dual fuel (mineral and wood)

    Transaction History

    30 Jan 2014

    £60,000

    Key Metrics

    Estimated valuation£85,657
    Value per m² / sq ft£1,071/m² (£99/sq ft)
    Estimated gross yieldNot available
    Implied monthly rentNot available
    NE61 district percentile4th percentile
    National percentile2nd 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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