60, Albion Terrace
60, Albion Terrace
Description & Estimates
60, Albion Terrace, Morpeth appears in the public record as a freehold house.
By comparing it to nearby properties, we estimate it to be an early-century house with 376 ft2 of internal area and a garden.
Locally, houses of this size normally have 2 bedrooms.
Our estimate of the sale value of 60, Albion Terrace, Morpeth is £40,657 and its rental estimate is £296 per month, given the available information and assuming reasonable condition.
Albion Terrace, Lynemouth, Morpeth, NE61 falls within the NE61 postal district.
Our Data Sources
60, Albion Terrace, Morpeth has a single entry in the Land Registry from February 2024 and no records in the EPC database.
We combine this sold price information with public data of neighbouring properties to estimate the 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 60, Albion Terrace, Morpeth, we estimate a market value of £42,690 and a rental value of £311 per month when presented in very good decorative order. Should the property require extensive cosmetic improvement, those figures would reduce to £37,811 and £275 per month respectively.
Recent Market Change
Over the last year, 60, Albion Terrace, Morpeth has seen its estimated sale value rise by £1,449 (3.6%) and its estimated rental value move up by £15 per month (5.1%). This results in an estimated gross rental yield of 8.7%.
Sold Prices
The most recent sale of 60, Albion Terrace, Morpeth completed on 1st February 2024 at £25,000 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 90.3% over the period since February 2024.
- Sold Feb 2024£25,000
Similar Properties Sold Nearby
Over the past 2 years 2 properties similar to 60, Albion Terrace, Morpeth have sold within a radius of 1.7 kilometres, per the Land Registry and our network of Estate Agents.
The latest, on the 17th November 2021, was 14, Boland Road, Morpeth, NE61 5UD, a freehold house which sold for £52,500.
Read more about house prices in NE61.
•Nearby is defined as the radius comprising the nearest 2,000 addresses.
More reading links
Location Comparison
Of the 63 addresses on Albion Terrace, Lynemouth, Morpeth, NE61, 60, Albion Terrace, Morpeth comes out as the 61st largest and the 61st most expensive in our analysis of the public data.
It is also £240k less expensive than the average property across the NE61 district.
More reading links
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 60, 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.
