12 Market PlaceHouse Prices / North East, Northumberland, Market Place, NE61 5AT
Key Building Insights
12 Market Place is a residential building situated on Market Place, Red Row, Morpeth, NE61 with 3 addresses.
It ranks as the 121st largest and 74th most expensive of the 207 buildings in the NE61 area.
The building contains a total of 3 properties: 3 flats.
- Flats
Key Building Insights
12 Market Place is a residential building situated on Market Place, Red Row, Morpeth, NE61 with 3 addresses.
It ranks as the 121st largest and 74th most expensive of the 207 buildings in the NE61 area.
The building contains a total of 3 properties: 3 flats.
- Flats
House Pricesin 12 Market Place
Sale prices range from £70,240 for 3 bedroom leasehold flats with a garden (1,032 ft2) to £173,372 for 3 bedroom leasehold flats with a garden (1,032 ft2) .
Monthly rental prices range from £475 pcm for 3 bed flats to £1,050 pcm for 3 bed flats.
The gross rental yield is between 7.3% and 8.1%.
The average value per square foot is £168.
Sales Market Trendsin 12 Market Place
The last sale in 12 Market Place sold for £72,000 on 16th March 2012. Since then prices are up an average of 38.0%.
The current average value in the building is £138,995.
The 12 Market Place Sales Market has increased by 38.4% over the last 10 years.
| Period | Year on Year | Average Price |
|---|---|---|
| May 2026 | 1.1% | £138,995 |
| May 2025 | 1.2% | £137,418 |
| May 2024 | 4.4% | £135,742 |
| May 2023 | 1.6% | £129,970 |
| May 2022 | 14.2% | £127,879 |
| May 2021 | 8.4% | £111,995 |
| May 2020 | -1.4% | £103,319 |
| May 2019 | 0.7% | £104,837 |
| May 2018 | -1.8% | £104,136 |
| May 2017 | 5.5% | £106,009 |
| May 2016 | -0.9% | £100,458 |
| May 2015 | 3.4% | £101,420 |
| May 2014 | -4.6% | £98,045 |
| May 2013 | 1.7% | £102,737 |
| May 2012 | 0.1% | £100,981 |
| May 2011 | -1.9% | £100,870 |
| May 2010 | -1.7% | £102,819 |
| May 2009 | -8.4% | £104,553 |
| May 2008 | 0.3% | £114,096 |
| May 2007 | 0% | £113,750 |
Rental Market Trendsin 12 Market Place
The current average rental value in the building is £858.
The 12 Market Place Rental Market has increased by 28.9% over the last 10 years.
| Period | Year on Year | Average Price |
|---|---|---|
| May 2026 | 2.5% | £858pcm |
| May 2025 | 5% | £837pcm |
| May 2024 | 8.6% | £798pcm |
| May 2023 | 4.4% | £734pcm |
| May 2022 | 6.8% | £703pcm |
| May 2021 | 0.8% | £659pcm |
| May 2020 | 0% | £654pcm |
| May 2019 | -0.4% | £654pcm |
| May 2018 | 0.4% | £656pcm |
| May 2017 | -1.9% | £654pcm |
| May 2016 | -0.7% | £666pcm |
| May 2015 | -0.1% | £671pcm |
| May 2014 | -1.4% | £671pcm |
| May 2013 | -0.8% | £680pcm |
| May 2012 | -1% | £686pcm |
| May 2011 | -0.4% | £692pcm |
| May 2010 | -2.7% | £695pcm |
| May 2009 | -6.1% | £714pcm |
| May 2008 | 1.7% | £761pcm |
| May 2007 | 0% | £748pcm |
Explore Propertiesin 12, Market Place, Red Row, Morpeth, NE61 5AT
Sales Historyin 12, Market Place, Red Row, Morpeth, NE61 5AT
The last sale was on 16th March 2012 for £72,000 and since then the market in the area has increased by 38.0%. The building has had a total of 3 sales since 1995.
12, Market Place, Red Row, Morpeth, NE61 5AT has seen no sales in the last three years and no sales in the last twelve months.
Property Typesin 12 Market Place
- 1 flat of an unknown age
- 2 other addresses of unknown type
- flat (1)
- Unknown (2)
Energy Efficiencyof properties in 12 Market Place
- Energy Performance Certificate (EPC) surveys conducted for 1 property.
- The dominant rating is C.
- A (0)
- E (0)
- B (0)
- F (0)
- C (1)
- G (0)
- D (0)
- No EPC (2)
Top 3 Most Expensive Saleson Market Place, Red Row, Morpeth, NE61
Schools Nearby
- 100mRed Row Primary School
- 2.3kmBroomhill Primary School
- 4.9kmKing Edwin Primary School
- 4.7kmJames Calvert Spence College
- 12.1kmAshington Academy
- 12.7kmNCEA Duke's Secondary School
More reading links
Public Transport Nearby
The closest station to 12, Market Place, Red Row, Morpeth, NE61 5AT is Acklington station, which is 3.9 kilometres away.
- 3.9kmAcklington
- 5.0kmWiddrington
- 11.5kmAshington
- 12.1kmAlnmouth
