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Company No. 11113204
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VAT No. GB 287 0845 68
Registered Address: 2 Leman St, London E1 8FA
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As updated by Kathryn Kent Residential Limited in July 2024, 41, Spelvit Lane, Morpeth is a mid-century freehold house with 1,037 ft2 of internal area and sits on a 305 m2 plot comprising 3 bedrooms with a garden.
Based on available information, and assuming reasonable condition, the estimated sale value for 41, Spelvit Lane, Morpeth is £274,473 and the estimated rental value is £1,484 per month.
Spelvit Lane, Morpeth, NE61 is located within the NE61 postal district.
41, Spelvit Lane, Morpeth has been updated by Kathryn Kent Residential Limited. This data along with public information allows us to provide estimates for both this and neighbouring properties.
The local information is scored as 3 out of 5 and is considered of medium accuracy.
Decorative condition can have a big effect on a property's value and this effect varies depending on the type, size and location of the property.
If 41, Spelvit Lane, Morpeth is in very good condition we estimate a sale value of £288,197 and a rental value of £1,558 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £255,260 and a rental value of £1,380 per month.
Over the last 12 months the sale value of 41 Spelvit Lane Morpeth has increased by an estimated £10,741 (3.9%) and its rental value has increased by an estimated £73 per month (4.9%), giving an expected gross yield of 6.5%.
According to data from HM Land Registry, 41, Spelvit Lane, Morpeth sits on a plot of 305m2.
We have plot size data on 7 out of 8 other houses in the postcode and 41, Spelvit Lane, Morpeth sits on the 4th largest plot.
41, Spelvit Lane, Morpeth has an Energy Performance Rating (EPC) of D. This is based on the most recent assessment, dated 11 Feb 2016.
The property is connected to mains gas and has fully double glazed windows. It is heated using Boiler and radiators, mains gas.
According to Kathryn Kent Residential Limited and HM Land Registry, 41, Spelvit Lane, Morpeth was last sold on 31st July 2024 for £290,000 and was recorded as a freehold house.
The selling agent was Kathryn Kent Residential Limited. The property has had 3 sales since 1995.
Since July 2024, the market for similar properties has dropped 23.5%
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to 41, Spelvit Lane, Morpeth within a radius of 810 metres over the last 2 years.
The most recent example is 28, Crawhall Crescent, Morpeth, NE61 2RH, a freehold house which sold for £290,000 on the 5th January 2026.
Read more about house prices in NE61.
•Nearby is defined as the radius comprising the nearest 2,000 addresses.
Spelvit Lane, Morpeth, NE61 has a total of 53 addresses. According to our analysis of all the public data, 41, Spelvit Lane, Morpeth is the 15th largest and the 13th most expensive property on the street.
When compared to the postcode district it is £4k less expensive than the average property in NE61.
The closest station to 41, Spelvit Lane, Morpeth is Morpeth station which is 1.1 kilometres away.
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.
The recent census recorded whether a resident owned or rented their home.
In the area around 41, Spelvit Lane, Morpeth, 59.5% of property is privately owned outright and 27.8% 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 41, Spelvit Lane, Morpeth, 22.5% of residents are recorded as possessing school level qualifications and 36.1% 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 41, Spelvit Lane, Morpeth, the average age was 47.5 and the most common age was 72.
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 41, Spelvit Lane, Morpeth, 0.0% 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 41, Spelvit Lane, Morpeth, there are an average of 1.2 cars per household.
See below for how this compares to North East and the rest of England & Wales.
