3, Elmfield Terrace
3, Elmfield Terrace
Description & Estimates
3, Elmfield Terrace, Morpeth is recorded publicly as a period freehold house across 1,431 ft2 of internal area, sitting on a 201 m2 plot.
Locally, houses of this size normally have 4 bedrooms with a garden.
Our estimate of the sale value of 3, Elmfield Terrace, Morpeth is £195,884 and its rental estimate is £1,010 per month, given the available information and assuming reasonable condition.
Elmfield Terrace, Hampeth, Morpeth, NE65 falls within the NE65 postal district.
Our Data Sources
3, Elmfield Terrace, Morpeth has 2 entries in the Land Registry , most recently in January 2019 and a single entry in the EPC database dated October 2018.
We combine this information with that of neighbouring properties to estimate the property attributes and values.
The local information is scored as 2 out of 5 and is considered of medium accuracy.
Price Range & Condition
The condition of a property plays an important role in determining its value, with the degree of impact varying by property type, size and location.
For 3, Elmfield Terrace, Morpeth, we estimate a market value of £205,678 and a rental value of £1,061 per month when presented in very good decorative order. Should the property require extensive cosmetic improvement, those figures would reduce to £182,172 and £939 per month respectively.
Recent Market Change
Over the last year, 3, Elmfield Terrace, Morpeth has seen its estimated sale value move up by £2,323 (1.2%) and its estimated rental value increase by £25 per month (2.5%). This results in an estimated gross rental yield of 6.2%.
Plot Size
HM Land Registry records the plot of land for 3, Elmfield Terrace, Morpeth as measuring 201 m2.
That makes it the 8th largest plot in the postcode, where all 9 other houses have recorded plot data.
Energy Efficiency
3, Elmfield Terrace, Morpeth has an Energy Performance Rating (EPC) of F. This is based on the most recent assessment, dated 17 Oct 2018.
The property is not connected to mains gas and has fully double glazed windows. It is heated using Boiler and radiators, LPG.
Sold Prices
The most recent sale of 3, Elmfield Terrace, Morpeth completed on 21st January 2019 at £160,000 and was recorded by HM Land Registry as a freehold house.
Since 1995 the property has sold twice.
Values of comparable properties have risen by 135.1% over the period since January 2019.
- Sold Jan 2019£160,000
- Sold Aug 2007£120,000
Similar Properties Sold Nearby
Over the past 2 years 3 properties similar to 3, Elmfield Terrace, Morpeth have sold within a radius of 5.4 kilometres, per the Land Registry and our network of Estate Agents.
The latest, on the 2nd December 2022, was 16, Beacon Road, Morpeth, NE65 9LH, a freehold house which sold for £260,000.
Read more about house prices in NE65.
•Nearby is defined as the radius comprising the nearest 2,000 addresses.
More reading links
Location Comparison
Of the 9 addresses on Elmfield Terrace, Hampeth, Morpeth, NE65, 3, Elmfield Terrace, Morpeth comes out as the largest and the 2nd most expensive in our analysis of the public data.
It is also £98k less expensive than the average property across the NE65 district.
More reading links
Schools Nearby
- 2.9kmSwarland Primary School
- 3.4kmShilbottle Primary School
- 6.0kmFelton Church of England Primary School
- 5.2kmThe Duchess's Community High School
- 8.8kmJames Calvert Spence College
- 20.0kmThe King Edward VI School
More reading links
Public Transport Nearby
From 3, Elmfield Terrace, Morpeth, the nearest station is Acklington, 7.0 kilometres away.
- 7.0kmAcklington
- 7.1kmAlnmouth
- 14.3kmWiddrington
Available Internet Speeds
Broadband here reaches superfast speeds, based on recent Ofcom data.
According to recent data from Ofcom, Superfast broadband is available in the area.
Risk of Flooding
The flood risk here is rated very low, based on Environment Agency data.
