24 Spelvit Lane

    24, SPELVIT LANE, MORPETH, NE61 2RD

    This terraced freehold property on Spelvit Lane last sold in October 2023 for £152,000. Based on price growth in the NE61 district since then, its estimated current value is £168,271 — placing it in the 17th percentile nationally and the 24th percentile within NE61. The property covers 91 m² (980 sq ft), giving an estimated value of £1,849 per m². The EPC rating is E, with a potential rating of C.

    Type

    Terraced

    Tenure

    Freehold

    Floor Area

    91 m²

    (980 sq ft)

    Last Sale Price

    £152,000

    Oct 2023

    Estimated Valuation

    £168,271

    Est. £/m²

    £1,849/m²

    £172/sq ft

    Property Details

    TypeTerraced
    TenureFreehold
    Built formEnd-Terrace
    Construction ageEngland and Wales: 1930-1949
    Habitable rooms5
    Main fuelmains gas (not community)
    EPC currentE
    EPC potentialC
    Floor area91 m² (980 sq ft)
    EPC dateApr 2019
    WallsCavity wall, filled cavity
    HeatingBoiler and radiators, mains gas

    Transaction History

    16 Oct 2023

    £152,000

    11 Sept 2019

    £145,000

    Key Metrics

    Estimated valuation£168,271
    Value per m² / sq ft£1,849/m² (£172/sq ft)
    Estimated gross yieldNot available
    Implied monthly rentNot available
    NE61 district percentile24th percentile
    National percentile17th 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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