50 Norham Drive

    50, NORHAM DRIVE, MORPETH, NE61 2XA

    This detached leasehold property on Norham Drive last sold in September 2016 for £350,000. Based on price growth in the NE61 district since then, its estimated current value is £434,820 — placing it in the 72nd percentile nationally and the 82nd percentile within NE61. The property covers 116 m² (1,249 sq ft), giving an estimated value of £3,748 per m². The EPC rating is C, with a potential rating of B.

    Type

    Detached

    Tenure

    Leasehold

    Floor Area

    116 m²

    (1,249 sq ft)

    Last Sale Price

    £350,000

    Sept 2016

    Estimated Valuation

    £434,820

    Est. £/m²

    £3,748/m²

    £348/sq ft

    Property Details

    TypeDetached
    TenureLeasehold
    Built formDetached
    Construction ageEngland and Wales: 2003-2006
    Habitable rooms8
    Main fuelmains gas (not community)
    EPC currentC
    EPC potentialB
    Floor area116 m² (1,249 sq ft)
    EPC dateMay 2016
    WallsCavity wall, as built, insulated (assumed)
    HeatingBoiler and radiators, mains gas

    Transaction History

    30 Sept 2016

    £350,000

    7 Jul 2006

    £315,000

    4 May 2001

    New build

    £155,000

    Key Metrics

    Estimated valuation£434,820
    Value per m² / sq ft£3,748/m² (£348/sq ft)
    Estimated gross yieldNot available
    Implied monthly rentNot available
    NE61 district percentile82nd percentile
    National percentile72nd 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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