Lancaster Terrace - NE61 1TZ
Key Street Insights
Lancaster Terrace is a residential street with 7 addresses.
It ranks as the 181st largest and 102nd most expensive of the 770 streets in the NE61 area. The most common property type is a period house built between 1800 and 1911.
The street contains a total of 7 properties: 4 houses and 3 other properties.
- Ave. Sale Price
- £134,989
- 10 Year change
- up 48.3%
- Ave. Rental Price
- £962pcm
- 10 Year change
- up 60.9%
- Ave. £ per ft²
- £225/ft²
- Ave. Gross Yield
- 8.6%/year/yr
Key Street Insights
Lancaster Terrace is a residential street with 7 addresses.
It ranks as the 181st largest and 102nd most expensive of the 770 streets in the NE61 area. The most common property type is a period house built between 1800 and 1911.
The street contains a total of 7 properties: 4 houses and 3 other properties.
- Ave. Sale Price
- £134,989
- 10 Year change
- up 48.3%
- Ave. Rental Price
- £962pcm
- 10 Year change
- up 60.9%
- Ave. £ per ft²
- £225/ft²
- Ave. Gross Yield
- 8.6%/year/yr
Explore Properties on Lancaster Terrace, Morpeth, NE61
- 1 Lancaster Terrace
2 Bed Period House
- 2 Lancaster Terrace
3 Bed Period House
- 3 Lancaster Terrace
House
- 4 Lancaster Terrace
3 Bed Period House
- 5 Lancaster Terrace
House
Sales Market Trends
The last sale on Lancaster Terrace sold for £61,000 on 10th January 2025. Since then prices are up an average of 7.9%.
The current average value in the street is £134,989.
The Lancaster Terrace Sales Market has increased by 48.3% over the last 10 years.
| Period | Year on Year | Average Price |
|---|---|---|
| June 2026 | 4.5% | £134,989 |
| June 2025 | 4.7% | £129,162 |
| June 2024 | 6.5% | £123,365 |
| June 2023 | 2.5% | £115,846 |
| June 2022 | 10.8% | £113,010 |
| June 2021 | 2.9% | £101,950 |
| June 2020 | 5.4% | £99,054 |
| June 2019 | 0.2% | £93,945 |
| June 2018 | 2.7% | £93,772 |
| June 2017 | 0.3% | £91,332 |
| June 2016 | 3.1% | £91,039 |
| June 2015 | 2.6% | £88,307 |
| June 2014 | 3.1% | £86,040 |
| June 2013 | -3.5% | £83,463 |
| June 2012 | 0.4% | £86,504 |
| June 2011 | -5.9% | £86,185 |
| June 2010 | 6.1% | £91,600 |
| June 2009 | -10.2% | £86,350 |
| June 2008 | 2.1% | £96,127 |
| June 2007 | 0% | £94,138 |
Rental Market Trends
The current average rental value in the street is £962.
The Lancaster Terrace Rental Market has increased by 60.9% over the last 10 years.
| Period | Year on Year | Average Price |
|---|---|---|
| June 2026 | 3.8% | £962pcm |
| June 2025 | 6.5% | £926pcm |
| June 2024 | 9.9% | £869pcm |
| June 2023 | 7.3% | £791pcm |
| June 2022 | 10.4% | £737pcm |
| June 2021 | 9% | £668pcm |
| June 2020 | -0.2% | £613pcm |
| June 2019 | 0.2% | £614pcm |
| June 2018 | 2.3% | £613pcm |
| June 2017 | 0.2% | £599pcm |
| June 2016 | 1.9% | £598pcm |
| June 2015 | 0.5% | £587pcm |
| June 2014 | 3.1% | £584pcm |
| June 2013 | -1.3% | £566pcm |
| June 2012 | 0.1% | £574pcm |
| June 2011 | -0.9% | £573pcm |
| June 2010 | 2.1% | £578pcm |
| June 2009 | -7.9% | £566pcm |
| June 2008 | 2.4% | £615pcm |
| June 2007 | 0% | £601pcm |
Sales History
The last recorded sale was on 10th January 2025 for £61,000 and since then the market in the area has increased by 7.9%.
Lancaster Terrace, Morpeth, NE61 has had 3 sales since 1995, with 3 in the last three years and none in the last twelve months.
- Sold Jan 2025£61,000 | 2 Bed House7, Lancaster Terrace, Morpeth, NE61 1TZ7, Lancaster Terrace, Morpeth, NE61 1TZ
- Sold Mar 2023£105,000 | 2 Bed House1, Lancaster Terrace, Morpeth, NE61 1TZ1, Lancaster Terrace, Morpeth, NE61 1TZ
- Sold Feb 2023£110,000 | 3 Bed House4, Lancaster Terrace, Morpeth, NE61 1TZ4, Lancaster Terrace, Morpeth, NE61 1TZ
Top 3 Most Expensive Sales
- Sold Nov 2022£123,000 | 3 Bed House2, Lancaster Terrace, Morpeth, NE61 1TZ2, Lancaster Terrace, Morpeth, NE61 1TZ
- Sold Feb 2023£110,000 | 3 Bed House4, Lancaster Terrace, Morpeth, NE61 1TZ4, Lancaster Terrace, Morpeth, NE61 1TZ
- Sold Mar 2023£105,000 | 2 Bed House1, Lancaster Terrace, Morpeth, NE61 1TZ1, Lancaster Terrace, Morpeth, NE61 1TZ
Nearby Streets
Lancaster Terrace, Morpeth, NE61 is the 181st largest and the 102nd most expensive street in the NE61 area.
- Crawford Terrace, Morpeth, NE619 Addresses|36 m away
- Reid Street, Morpeth, NE6117 Addresses|37 m away
- Crawford Cottages, Morpeth, NE616 Addresses|107 m away
- California Gardens, Morpeth, NE6110 Addresses|113 m away
- Watson Terrace, Morpeth, NE6110 Addresses|118 m away
- Gas House Lane, Morpeth, NE619 Addresses|154 m away
Property Types
- 4 period houses built between 1800 and 1911
- 3 other addresses of unknown type
- period house (4)
- Unknown (3)
Energy Efficiency
- Energy Performance Certificate (EPC) surveys have been conducted for 4 properties.
- The most common rating is D.
- A (0)
- E (1)
- B (0)
- F (0)
- C (1)
- G (0)
- D (2)
- No EPC (3)
Schools Nearby
- St Roberts Catholic First School, Morpeth800 m away
- Morpeth Stobhillgate First School1.0 km away
- Abbeyfields First School1.3 km away
- The King Edward VI School1.1 km away
- St Benet Biscop Catholic Academy6.2 km away
- Ashington Academy6.5 km away
More reading links
Public Transport Nearby
The closest station to Lancaster Terrace, Morpeth, NE61 - NE61 1TZ is Morpeth station, which is 600 metres away.
- Morpeth|600 m away
- Pegswood|2.5 km away
- Ashington|7.0 km away
