6, Fairview Road
6, Fairview Road
Description & Estimates
6, Fairview Road, Morpeth is recorded publicly as a modern freehold house across 678 ft2 of internal area.
Locally, houses of this size normally have 3 bedrooms with a garden.
Our estimate of the sale value of 6, Fairview Road, Morpeth is £170,568 and its rental estimate is £1,130 per month, given the available information and assuming reasonable condition.
Fairview Road, Saxon Vale, Ellington, Morpeth, NE61 falls within the NE61 postal district.
Our Data Sources
6, Fairview Road, Morpeth has a single entry in the Land Registry from May 2023 and a single entry in the EPC database dated February 2023.
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 6, Fairview Road, Morpeth, we estimate a market value of £179,096 and a rental value of £1,186 per month when presented in very good decorative order. Should the property require extensive cosmetic improvement, those figures would reduce to £158,628 and £1,051 per month respectively.
Recent Market Change
Over the last year, 6, Fairview Road, Morpeth has seen its estimated sale value move up by £6,038 (3.5%) and its estimated rental value increase by £57 per month (5.0%). This results in an estimated gross rental yield of 7.9%.
Energy Efficiency
6, Fairview Road, Morpeth has an Energy Performance Rating (EPC) of B. This is based on the most recent assessment, dated 14 Feb 2023.
The property is not connected to mains gas and has high performance glazing. It is heated using Boiler and radiators, mains gas.
Sold Prices
The most recent sale of 6, Fairview Road, Morpeth completed on 26th May 2023 at £143,950 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 22.2% over the period since May 2023.
- Sold May 2023£143,950
Similar Properties Sold Nearby
Over the past 2 years 3 properties similar to 6, Fairview Road, Morpeth have sold within a radius of 1.6 kilometres, per the Land Registry and our network of Estate Agents.
The latest, on the 7th August 2024, was 13, Meadow Way, Morpeth, NE61 5FB, a freehold house which sold for £135,000.
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 4 addresses on Fairview Road, Saxon Vale, Ellington, Morpeth, NE61, 6, Fairview Road, Morpeth comes out as the 4th largest and the 4th most expensive in our analysis of the public data.
It is also £110k less expensive than the average property across the NE61 district.
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Schools Nearby
- 400mEllington Primary School
- 1.6kmLinton Primary School
- 1.6kmNCEA William Leech CofE Primary School
- 4.7kmAshington Academy
- 4.8kmNCEA Duke's Secondary School
- 8.9kmBedlington Academy
More reading links
Public Transport Nearby
From 6, Fairview Road, Morpeth, the nearest station is Ashington, 4.0 kilometres away.
- 4.0kmAshington
- 4.3kmWiddrington
- 6.9kmPegswood
Risk of Flooding
The flood risk here is rated very low, based on Environment Agency data.
