Red House Fairmoor

    RED HOUSE, FAIRMOOR, MORPETH, NE61 3JL

    This detached freehold property on Fairmoor last sold in September 2018 for £680,000. Based on price growth in the NE61 district since then, its estimated current value is £849,354 — placing it in the 94th percentile nationally and the 98th percentile within NE61. The property covers 300 m² (3,229 sq ft), giving an estimated value of £2,831 per m². The EPC rating is E, with a potential rating of C.

    Type

    Detached

    Tenure

    Freehold

    Floor Area

    300 m²

    (3,229 sq ft)

    Last Sale Price

    £680,000

    Sept 2018

    Estimated Valuation

    £849,354

    Est. £/m²

    £2,831/m²

    £263/sq ft

    Property Details

    TypeDetached
    TenureFreehold
    Built formDetached
    Construction ageEngland and Wales: 1900-1929
    Habitable rooms9
    Main fuelmains gas (not community)
    EPC currentE
    EPC potentialC
    Floor area300 m² (3,229 sq ft)
    EPC dateNov 2017
    WallsSolid brick, as built, no insulation (assumed)
    HeatingBoiler and radiators, mains gas

    Transaction History

    28 Sept 2018

    £680,000

    8 May 1998

    £262,500

    Key Metrics

    Estimated valuation£849,354
    Value per m² / sq ft£2,831/m² (£263/sq ft)
    Estimated gross yieldNot available
    Implied monthly rentNot available
    NE61 district percentile98th percentile
    National percentile94th 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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