4 Gorseway

    4, GORSEWAY, MORPETH, NE61 2XR

    This detached freehold property on Gorseway last sold in May 2021 for £260,000. Based on price growth in the NE61 district since then, its estimated current value is £289,887 — placing it in the 47th percentile nationally and the 57th percentile within NE61. The property covers 85 m² (915 sq ft), giving an estimated value of £3,410 per m². The EPC rating is E, with a potential rating of C.

    Type

    Detached

    Tenure

    Freehold

    Floor Area

    85 m²

    (915 sq ft)

    Last Sale Price

    £260,000

    May 2021

    Estimated Valuation

    £289,887

    Est. £/m²

    £3,410/m²

    £317/sq ft

    Property Details

    TypeDetached
    TenureFreehold
    Built formDetached
    Construction ageEngland and Wales: 1967-1975
    Habitable rooms7
    Main fuelmains gas (not community)
    EPC currentE
    EPC potentialC
    Floor area85 m² (915 sq ft)
    EPC dateJun 2019
    WallsCavity wall, as built, no insulation (assumed)
    HeatingBoiler and radiators, mains gas

    Transaction History

    6 May 2021

    £260,000

    13 Jun 2008

    £280,000

    28 Aug 2002

    £164,000

    Key Metrics

    Estimated valuation£289,887
    Value per m² / sq ft£3,410/m² (£317/sq ft)
    Estimated gross yieldNot available
    Implied monthly rentNot available
    NE61 district percentile57th percentile
    National percentile47th 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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