3, Palmer Terrace
3, Palmer Terrace
Description & Estimates
3, Palmer Terrace, Morpeth is recorded publicly as a period freehold house across 731 ft2 of internal area, sitting on a 172 m2 plot.
Locally, houses of this size normally have 3 bedrooms with a garden.
Our estimate of the sale value of 3, Palmer Terrace, Morpeth is £111,561 and its rental estimate is £805 per month, given the available information and assuming reasonable condition.
Palmer Terrace, Widdrington, Morpeth, NE61 falls within the NE61 postal district.
Our Data Sources
3, Palmer Terrace, Morpeth has 31 entries in the Land Registry , most recently in May 2017 and a single entry in the EPC database dated May 2015.
We combine this information with that of neighbouring properties to estimate the property attributes and values.
The local information is scored as 5 out of 5 and is considered of high 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, Palmer Terrace, Morpeth, we estimate a market value of £117,139 and a rental value of £845 per month when presented in very good decorative order. Should the property require extensive cosmetic improvement, those figures would reduce to £103,751 and £748 per month respectively.
Recent Market Change
Over the last year, 3, Palmer Terrace, Morpeth has seen its estimated sale value move up by £3,949 (3.5%) and its estimated rental value increase by £40 per month (5.0%). This results in an estimated gross rental yield of 8.7%.
Plot Size
HM Land Registry records the plot of land for 3, Palmer Terrace, Morpeth as measuring 172 m2.
That makes it the 3rd largest plot in the postcode, where 8 of the 10 other houses have recorded plot data.
Energy Efficiency
3, Palmer Terrace, Morpeth has an Energy Performance Rating (EPC) of D. This is based on the most recent assessment, dated 21 May 2015.
The property is connected to mains gas and has fully double glazed windows. It is heated using Boiler and radiators, mains gas.
Sold Prices
The most recent sale of 3, Palmer Terrace, Morpeth completed on 26th May 2017 at £59,000 and was recorded by HM Land Registry as a freehold house.
Since 1995 the property has sold 3 times.
Values of comparable properties have risen by 129.8% over the period since May 2017.
- Sold May 2017£59,000
- Sold Sep 2003£55,000
- Sold Jun 2002£36,750
Similar Properties Sold Nearby
Over the past 2 years 3 properties similar to 3, Palmer Terrace, Morpeth have sold within a radius of 3.2 kilometres, per the Land Registry and our network of Estate Agents.
The latest, on the 20th June 2025, was 65, Parkside Gardens, Morpeth, NE61 5RP, a freehold house which sold for £98,000.
Read more about house prices in NE61.
•Nearby is defined as the radius comprising the nearest 2,000 addresses.
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Location Comparison
Of the 10 addresses on Palmer Terrace, Widdrington, Morpeth, NE61, 3, Palmer Terrace, Morpeth comes out as the 5th largest and the 5th most expensive in our analysis of the public data.
It is also £169k less expensive than the average property across the NE61 district.
More reading links
Schools Nearby
- 600mGrange View Church of England Voluntary Controlled Primary School
- 2.9kmLinton Primary School
- 3.7kmEllington Primary School
- 7.1kmAshington Academy
- 8.1kmNCEA Duke's Secondary School
- 8.9kmThe King Edward VI School
More reading links
Public Transport Nearby
From 3, Palmer Terrace, Morpeth, the nearest station is Widdrington, 500 metres away.
- 500mWiddrington
- 6.6kmAshington
- 7.2kmPegswood
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.
