8, Fairview Road
8, Fairview Road
Description & Estimates
Public records show 8, Fairview Road, Morpeth to be a modern freehold house with 678 ft2 of internal area.
In this area, houses of this size normally have 3 bedrooms with a garden.
8, Fairview Road, Morpeth has an estimated sale value of £170,568 and an estimated rental value of £1,130 per month, assuming reasonable condition and based on the information available.
Fairview Road, Saxon Vale, Ellington, Morpeth, NE61 lies within the NE61 postal district.
Our Data Sources
8, 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
In very good condition, we estimate 8, Fairview Road, Morpeth would be worth £179,096, with a potential rental value of £1,186 per month.
If substantial cosmetic improvements are needed, the estimated sale value falls to £158,628, with a rental value of £1,051 per month.
The extent to which decoration affects a property's value depends on its type, size and location.
Recent Market Change
The estimated sale value of 8, Fairview Road, Morpeth has moved up by £6,038 (3.5%) over the last year. During the same period, its estimated monthly rental value has increased by £57 (5.0%). The property's estimated gross yield is currently 7.9%.
Energy Efficiency
8, 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
8, Fairview Road, Morpeth last changed hands on 12th May 2023, selling for £143,950. The transaction was logged as a freehold house by HM Land Registry.
That is its only recorded sale since 1995.
The market for similar properties has risen by 22.2% since May 2023.
- Sold May 2023£143,950
Similar Properties Sold Nearby
Land Registry records and our Estate Agent network show 3 sales of comparable properties within 1.6 kilometres of 8, Fairview Road, Morpeth across the last 2 years.
Most recently, 13, Meadow Way, Morpeth, NE61 5FB, a freehold house, sold at £135,000 on the 7th August 2024.
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
Our analysis of the public data ranks 8, Fairview Road, Morpeth as the 3rd largest and the 3rd most expensive of the 4 addresses on Fairview Road, Saxon Vale, Ellington, Morpeth, NE61.
Against the NE61 postcode district average, it is £110k less expensive than the typical property.
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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
Ashington station is the nearest stop to 8, Fairview Road, Morpeth at 4.0 kilometres away.
- 4.0kmAshington
- 4.3kmWiddrington
- 6.9kmPegswood
Risk of Flooding
Environment Agency data suggests this area has a very low risk of flooding.
