52, Albion Terrace
52, Albion Terrace
Description & Estimates
52, Albion Terrace, Morpeth is recorded publicly as a mid-century freehold house across 807 ft2 of internal area.
Locally, houses of this size normally have 3 bedrooms with a garden.
Our estimate of the sale value of 52, Albion Terrace, Morpeth is £60,445 and its rental estimate is £426 per month, given the available information and assuming reasonable condition.
Albion Terrace, Lynemouth, Morpeth, NE61 falls within the NE61 postal district.
Our Data Sources
52, Albion Terrace, Morpeth has a single entry in the Land Registry from May 2008 and a single entry in the EPC database dated November 2021.
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 52, Albion Terrace, Morpeth, we estimate a market value of £63,467 and a rental value of £447 per month when presented in very good decorative order. Should the property require extensive cosmetic improvement, those figures would reduce to £56,213 and £396 per month respectively.
Recent Market Change
Over the last year, 52, Albion Terrace, Morpeth has seen its estimated sale value climb by £2,140 (3.5%) and its estimated rental value rise by £21 per month (5.0%). This results in an estimated gross rental yield of 8.5%.
Energy Efficiency
52, Albion Terrace, Morpeth has an Energy Performance Rating (EPC) of C. This is based on the most recent assessment, dated 10 Nov 2021.
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 52, Albion Terrace, Morpeth completed on 2nd May 2008 at £72,000 and was recorded by HM Land Registry as a freehold house.
Since 1995 this is the property's only sale.
Values of comparable properties have risen by 229.2% over the period since May 2008.
- Sold May 2008£72,000
Similar Properties Sold Nearby
Over the past 2 years 3 properties similar to 52, Albion Terrace, Morpeth have sold within a radius of 1.8 kilometres, per the Land Registry and our network of Estate Agents.
The latest, on the 30th October 2023, was 8, River View, Morpeth, NE61 5TY, a freehold house which sold for £85,000.
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 63 addresses on Albion Terrace, Lynemouth, Morpeth, NE61, 52, Albion Terrace, Morpeth comes out as the 51st largest and the 57th most expensive in our analysis of the public data.
It is also £220k less expensive than the average property across the NE61 district.
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Schools Nearby
- 400mNCEA William Leech CofE Primary School
- 1.3kmEllington Primary School
- 2.8kmLinton Primary School
- 4.2kmNCEA Duke's Secondary School
- 4.7kmAshington Academy
- 8.6kmBedlington Academy
More reading links
Public Transport Nearby
From 52, Albion Terrace, Morpeth, the nearest station is Ashington, 3.9 kilometres away.
- 3.9kmAshington
- 5.5kmWiddrington
- 7.6kmPegswood
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.
