3 Third Avenue

    3, THIRD AVENUE, MORPETH, MORPETH, NE61 2HZ

    This terraced freehold property on Third Avenue last sold in May 2003 for £54,750. Based on price growth in the NE61 district since then, its estimated current value is £123,730 — placing it in the 7th percentile nationally and the 12th percentile within NE61. The property covers 99 m² (1,066 sq ft), giving an estimated value of £1,250 per m². The EPC rating is C, with a potential rating of B.

    Type

    Terraced

    Tenure

    Freehold

    Floor Area

    99 m²

    (1,066 sq ft)

    Last Sale Price

    £54,750

    May 2003

    Estimated Valuation

    £123,730

    Est. £/m²

    £1,250/m²

    £116/sq ft

    Property Details

    TypeTerraced
    TenureFreehold
    Built formMid-Terrace
    Construction ageEngland and Wales: 1900-1929
    Habitable rooms5
    Main fuelmains gas (not community)
    EPC currentC
    EPC potentialB
    Floor area99 m² (1,066 sq ft)
    EPC dateFeb 2024
    WallsCavity wall, filled cavity
    HeatingBoiler and radiators, mains gas

    Transaction History

    12 May 2003

    £54,750

    1 Feb 2002

    £35,000

    Key Metrics

    Estimated valuation£123,730
    Value per m² / sq ft£1,250/m² (£116/sq ft)
    Estimated gross yieldNot available
    Implied monthly rentNot available
    NE61 district percentile12th percentile
    National percentile7th 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

    More properties in NE61

    Explore nearby