15 Spelvit Lane

    15, SPELVIT LANE, MORPETH, NE61 2RD

    This terraced freehold property on Spelvit Lane last sold in January 2020 for £123,000. Based on price growth in the NE61 district since then, its estimated current value is £146,791 — placing it in the 12th percentile nationally and the 18th percentile within NE61. The property covers 80 m² (861 sq ft), giving an estimated value of £1,835 per m². The EPC rating is C, with a potential rating of B.

    Type

    Terraced

    Tenure

    Freehold

    Floor Area

    80 m²

    (861 sq ft)

    Last Sale Price

    £123,000

    Jan 2020

    Estimated Valuation

    £146,791

    Est. £/m²

    £1,835/m²

    £170/sq ft

    Property Details

    TypeTerraced
    TenureFreehold
    Built formEnd-Terrace
    Construction ageEngland and Wales: 1950-1966
    Habitable rooms5
    Main fuelmains gas (not community)
    EPC currentC
    EPC potentialB
    Floor area80 m² (861 sq ft)
    EPC dateJan 2019
    WallsCavity wall, filled cavity
    HeatingBoiler and radiators, mains gas

    Transaction History

    10 Jan 2020

    £123,000

    Key Metrics

    Estimated valuation£146,791
    Value per m² / sq ft£1,835/m² (£170/sq ft)
    Estimated gross yieldNot available
    Implied monthly rentNot available
    NE61 district percentile18th percentile
    National percentile12th 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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