62 Fourth Avenue

    62, FOURTH AVENUE, MORPETH, NE61 2HL

    This semi-detached freehold property on Fourth Avenue last sold in December 2018 for £80,000. Based on price growth in the NE61 district since then, its estimated current value is £113,443 — placing it in the 6th percentile nationally and the 10th percentile within NE61. The property covers 37 m² (398 sq ft), giving an estimated value of £3,066 per m². The EPC rating is D, with a potential rating of B.

    Type

    Semi-Detached

    Tenure

    Freehold

    Floor Area

    37 m²

    (398 sq ft)

    Last Sale Price

    £80,000

    Dec 2018

    Estimated Valuation

    £113,443

    Est. £/m²

    £3,066/m²

    £285/sq ft

    Property Details

    TypeSemi-Detached
    TenureFreehold
    Built formSemi-Detached
    Construction ageEngland and Wales: 1950-1966
    Habitable rooms4
    Main fuelmains gas (not community)
    EPC currentD
    EPC potentialB
    Floor area37 m² (398 sq ft)
    EPC dateFeb 2022
    WallsCavity wall, filled cavity
    HeatingBoiler and radiators, mains gas

    Transaction History

    18 Dec 2018

    £80,000

    Key Metrics

    Estimated valuation£113,443
    Value per m² / sq ft£3,066/m² (£285/sq ft)
    Estimated gross yieldNot available
    Implied monthly rentNot available
    NE61 district percentile10th percentile
    National percentile6th 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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