3 Spelvit Lane

    3, SPELVIT LANE, MORPETH, NE61 2QU

    This semi-detached freehold property on Spelvit Lane last sold in November 2021 for £258,500. Based on price growth in the NE61 district since then, its estimated current value is £341,354 — placing it in the 58th percentile nationally and the 69th percentile within NE61. The property covers 122 m² (1,313 sq ft), giving an estimated value of £2,798 per m². The EPC rating is D, with a potential rating of C.

    Type

    Semi-Detached

    Tenure

    Freehold

    Floor Area

    122 m²

    (1,313 sq ft)

    Last Sale Price

    £258,500

    Nov 2021

    Estimated Valuation

    £341,354

    Est. £/m²

    £2,798/m²

    £260/sq ft

    Property Details

    TypeSemi-Detached
    TenureFreehold
    Built formSemi-Detached
    Construction ageC
    Habitable rooms6
    Main fuelmains gas (not community)
    EPC currentD
    EPC potentialC
    Floor area122 m² (1,313 sq ft)
    EPC dateMay 2021
    WallsCavity wall, filled cavity
    HeatingBoiler and radiators, mains gas

    Transaction History

    8 Nov 2021

    £258,500

    Key Metrics

    Estimated valuation£341,354
    Value per m² / sq ft£2,798/m² (£260/sq ft)
    Estimated gross yieldNot available
    Implied monthly rentNot available
    NE61 district percentile69th percentile
    National percentile58th 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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