Be the first Estate
Agent here!
Lancaster Terrace is a residential street with 7 addresses.
It ranks as the 181st largest and 100th most expensive of the 770 streets in the NE61 area. The dominant property type is a period house built between 1800 and 1911.
The street contains a total of 7 properties: 7 houses.
Lancaster Terrace is a residential street with 7 addresses.
It ranks as the 181st largest and 100th most expensive of the 770 streets in the NE61 area. The dominant property type is a period house built between 1800 and 1911.
The street contains a total of 7 properties: 7 houses.
Sale prices range from £124,864 for 2 bedroom freehold houses with a garden (559 ft2) to £161,938 for 3 bedroom freehold houses with a garden (828 ft2) .
Monthly rental prices range from £909 pcm for 2 bed houses to £1,133 pcm for 3 bed houses.
The gross rental yield is between 8.4% and 8.9%.
The average value per square foot is £223.
The last sale on Lancaster Terrace sold for £61,000 on 10th January 2025. Since then prices are up an average of 6.8%.
The current average value in the street is £133,889.
The Lancaster Terrace Sales Market has increased by 47.9% over the last 10 years.
| Period | Year on Year | Average Price |
|---|---|---|
| May 2026 | 4% | £133,889 |
| May 2025 | 5% | £128,698 |
| May 2024 | 6.1% | £122,539 |
| May 2023 | 2.6% | £115,497 |
| May 2022 | 11.3% | £112,580 |
| May 2021 | 3% | £101,189 |
| May 2020 | 4.9% | £98,232 |
| May 2019 | 0.2% | £93,671 |
| May 2018 | 2.7% | £93,527 |
| May 2017 | 0.6% | £91,102 |
| May 2016 | 3.4% | £90,518 |
| May 2015 | 2.2% | £87,522 |
| May 2014 | 3.5% | £85,608 |
| May 2013 | -4.6% | £82,693 |
| May 2012 | 0.8% | £86,681 |
| May 2011 | -5.1% | £85,973 |
| May 2010 | 5.3% | £90,597 |
| May 2009 | -11.3% | £86,023 |
| May 2008 | 3.1% | £96,928 |
| May 2007 | 0% | £94,028 |
The current average rental value in the street is £976.
The Lancaster Terrace Rental Market has increased by 63.4% over the last 10 years.
| Period | Year on Year | Average Price |
|---|---|---|
| May 2026 | 5.5% | £976pcm |
| May 2025 | 7.3% | £925pcm |
| May 2024 | 9.4% | £862pcm |
| May 2023 | 7.5% | £788pcm |
| May 2022 | 10.3% | £733pcm |
| May 2021 | 8.6% | £665pcm |
| May 2020 | -0.3% | £612pcm |
| May 2019 | 0.2% | £613pcm |
| May 2018 | 2.2% | £612pcm |
| May 2017 | 0.3% | £599pcm |
| May 2016 | 2.2% | £597pcm |
| May 2015 | 0.4% | £584pcm |
| May 2014 | 2.5% | £582pcm |
| May 2013 | -1.1% | £568pcm |
| May 2012 | 0.4% | £574pcm |
| May 2011 | -1% | £571pcm |
| May 2010 | 1.4% | £577pcm |
| May 2009 | -8.1% | £569pcm |
| May 2008 | 3.6% | £619pcm |
| May 2007 | 0% | £598pcm |
The last sale was on 10th January 2025 for £61,000 and since then the market in the area has increased by 6.8%. The street has had a total of 10 sales since 1995.
Lancaster Terrace, Morpeth, NE61 has seen 3 sales in the last three years and no sales in the last twelve months.
Lancaster Terrace, Morpeth, NE61 is the 181st largest and the 100th most expensive street in the NE61 area.
There is 1 postcode on Lancaster Terrace, Morpeth, NE61.
The closest station to Lancaster Terrace, Morpeth, NE61 is Morpeth station which is 600 metres away.
Connect me with
an Estate Agent
Our partner Agents appear here!
Book a demo
Find an Estate
Agent
The recent census recorded whether a resident owned or rented their home.
In the area around Lancaster Terrace, Morpeth, NE61, 42.7% of property is privately owned outright and 26.6% is privately owned with a mortgage.
The graph below shows how this compares to North East and the rest of England & Wales.
The recent census recorded the highest level of education achieved by residents in the local area.
In the area around Lancaster Terrace, Morpeth, NE61, 11.7% of residents are recorded as possessing school level qualifications and 31.6% as possessing degree level qualifications.
The graph below shows how this compares to North East and the rest of England & Wales.
The most recent census in 2021 recorded the age of all UK residents.
In the area around Lancaster Terrace, Morpeth, NE61, the average age was 48.3 and the most common age was 62.
The graph below shows how this compares to North East and the rest of England & Wales
The recent census recorded whether a property was a primary or secondary home for the resident.
In the area around Lancaster Terrace, Morpeth, NE61, 1.0% of property was a second home.
Comparison figures for North East and the rest of England & Wales are listed below.
The recent census recorded the number of cars registered in each household.
In the area around Lancaster Terrace, Morpeth, NE61, there are an average of 1.0 cars per household.
See below for how this compares to North East and the rest of England & Wales.
According to recent data from Ofcom, superfast broadband is available in this area.
According to recent data from Ofcom, Superfast broadband is available in the area.
According to data from the Environment Agency, the flood risk in this area is considered to be very low.