27 Spelvit Lane

    27, SPELVIT LANE, MORPETH, NE61 2RD

    This terraced freehold property on Spelvit Lane last sold in May 2009 for £131,500. Based on price growth in the NE61 district since then, its estimated current value is £203,392 — placing it in the 25th percentile nationally and the 35th percentile within NE61. The property covers 85 m² (915 sq ft), giving an estimated value of £2,393 per m². The EPC rating is C, with a potential rating of B.

    Type

    Terraced

    Tenure

    Freehold

    Floor Area

    85 m²

    (915 sq ft)

    Last Sale Price

    £131,500

    May 2009

    Estimated Valuation

    £203,392

    Est. £/m²

    £2,393/m²

    £222/sq ft

    Property Details

    TypeTerraced
    TenureFreehold
    Built formMid-Terrace
    Construction ageEngland and Wales: 1967-1975
    Habitable rooms5
    Main fuelmains gas (not community)
    EPC currentC
    EPC potentialB
    Floor area85 m² (915 sq ft)
    EPC dateMay 2024
    WallsCavity wall, filled cavity
    HeatingBoiler and radiators, mains gas

    Transaction History

    20 May 2009

    £131,500

    7 Oct 2008

    £118,500

    Key Metrics

    Estimated valuation£203,392
    Value per m² / sq ft£2,393/m² (£222/sq ft)
    Estimated gross yieldNot available
    Implied monthly rentNot available
    NE61 district percentile35th percentile
    National percentile25th 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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