3 Rectory Park

    3, RECTORY PARK, MORPETH, NE61 2SZ

    This detached freehold property on Rectory Park last sold in July 2015 for £270,000. Based on price growth in the NE61 district since then, its estimated current value is £360,076 — placing it in the 61st percentile nationally and the 72nd percentile within NE61. The property covers 107 m² (1,152 sq ft), giving an estimated value of £3,365 per m². The EPC rating is E, with a potential rating of C.

    Type

    Detached

    Tenure

    Freehold

    Floor Area

    107 m²

    (1,152 sq ft)

    Last Sale Price

    £270,000

    Jul 2015

    Estimated Valuation

    £360,076

    Est. £/m²

    £3,365/m²

    £313/sq ft

    Property Details

    TypeDetached
    TenureFreehold
    Built formDetached
    Construction ageEngland and Wales: 1950-1966
    Habitable rooms5
    Main fuelmains gas (not community)
    EPC currentE
    EPC potentialC
    Floor area107 m² (1,152 sq ft)
    EPC dateMay 2012
    WallsCavity wall, filled cavity
    HeatingBoiler and radiators, mains gas

    Transaction History

    10 Jul 2015

    £270,000

    20 Apr 2011

    £188,650

    9 Aug 2002

    £152,000

    Key Metrics

    Estimated valuation£360,076
    Value per m² / sq ft£3,365/m² (£313/sq ft)
    Estimated gross yieldNot available
    Implied monthly rentNot available
    NE61 district percentile72nd percentile
    National percentile61st 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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