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Phoenix Yard Bridge Street is a residential building situated on Bridge Street, Morpeth, NE61 with 3 addresses.
It ranks as the 145th largest and 60th most expensive of the 207 buildings in the NE61 area. The dominant property type is a period flat built between 1800 and 1911.
The building contains a total of 3 properties: 3 flats.
Phoenix Yard Bridge Street is a residential building situated on Bridge Street, Morpeth, NE61 with 3 addresses.
It ranks as the 145th largest and 60th most expensive of the 207 buildings in the NE61 area. The dominant property type is a period flat built between 1800 and 1911.
The building contains a total of 3 properties: 3 flats.
Sale prices range from £100,533 for 2 bedroom leasehold flats (484 ft2) to £128,561 for 2 bedroom leasehold flats with a garden (861 ft2) .
Monthly rental prices range from £805 pcm for 2 bed flats to £873 pcm for 2 bed flats.
The gross rental yield is between 8.1% and 9.6%.
The average value per square foot is £154.
The last sale in Phoenix Yard Bridge Street sold for £116,000 on 2nd August 2022. Since then prices are up an average of 11.7%.
The current average value in the building is £118,289.
The Phoenix Yard Bridge Street Sales Market has increased by 26.0% over the last 10 years.
| Period | Year on Year | Average Price |
|---|---|---|
| May 2026 | 1.5% | £118,289 |
| May 2025 | 2.5% | £116,536 |
| May 2024 | 6.6% | £113,694 |
| May 2023 | 1.6% | £106,694 |
| May 2022 | 8.1% | £104,969 |
| May 2021 | -0.4% | £97,058 |
| May 2020 | 4.2% | £97,405 |
| May 2019 | -0.1% | £93,505 |
| May 2018 | -0.3% | £93,575 |
| May 2017 | 0% | £93,819 |
| May 2016 | 2.5% | £93,845 |
| May 2015 | 0.6% | £91,512 |
| May 2014 | 1.9% | £90,969 |
| May 2013 | -4.9% | £89,265 |
| May 2012 | -0.2% | £93,845 |
| May 2011 | -4.5% | £94,037 |
| May 2010 | 3.7% | £98,518 |
| May 2009 | -10.7% | £95,014 |
| May 2008 | 2.3% | £106,402 |
| May 2007 | 0% | £104,038 |
The current average rental value in the building is £850.
The Phoenix Yard Bridge Street Rental Market has increased by 39.2% over the last 10 years.
| Period | Year on Year | Average Price |
|---|---|---|
| May 2026 | 2.9% | £850pcm |
| May 2025 | 4.7% | £826pcm |
| May 2024 | 9.9% | £788pcm |
| May 2023 | 6.5% | £717pcm |
| May 2022 | 7.2% | £674pcm |
| May 2021 | 5.1% | £628pcm |
| May 2020 | -0.9% | £598pcm |
| May 2019 | 0% | £604pcm |
| May 2018 | -0.7% | £604pcm |
| May 2017 | -0.4% | £608pcm |
| May 2016 | 1.3% | £610pcm |
| May 2015 | -1.2% | £602pcm |
| May 2014 | 0.9% | £610pcm |
| May 2013 | -1.3% | £604pcm |
| May 2012 | -0.6% | £612pcm |
| May 2011 | -0.4% | £616pcm |
| May 2010 | -0.2% | £618pcm |
| May 2009 | -7.5% | £619pcm |
| May 2008 | 2.7% | £670pcm |
| May 2007 | 0% | £652pcm |
The last sale was on 2nd August 2022 for £116,000 and since then the market in the area has increased by 11.7%. The building has had a total of 11 sales since 1995.
Phoenix Yard, Bridge Street, Morpeth, NE61 1PQ has seen no sales in the last three years and no sales in the last twelve months.
The closest station to Phoenix Yard, Bridge Street, Morpeth, NE61 1PQ is Morpeth station which is 600 metres away.
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According to recent data from Ofcom, superfast broadband is available in this area.
According to recent data from Ofcom, Superfast broadband is available in the area.
According to data from the Environment Agency, the flood risk in this area is considered to be very low.
The recent census recorded whether a resident owned or rented their home.
In the area around Phoenix Yard, Bridge Street, Morpeth, NE61 1PQ, 51.6% of property is privately owned outright and 25.8% is privately rented.
The graph below shows how this compares to North East and the rest of England & Wales.
The recent census recorded the highest level of education achieved by residents in the local area.
In the area around Phoenix Yard, Bridge Street, Morpeth, NE61 1PQ, 7.1% of residents are recorded as possessing school level qualifications and 38.8% as possessing degree level qualifications.
The graph below shows how this compares to North East and the rest of England & Wales.
The most recent census in 2021 recorded the age of all UK residents.
In the area around Phoenix Yard, Bridge Street, Morpeth, NE61 1PQ, the average age was 48.3 and the most common age was 62.
The graph below shows how this compares to North East and the rest of England & Wales
The recent census recorded whether a property was a primary or secondary home for the resident.
In the area around Phoenix Yard, Bridge Street, Morpeth, NE61 1PQ, 2.0% of property was a second home.
Comparison figures for North East and the rest of England & Wales are listed below.
The recent census recorded the number of cars registered in each household.
In the area around Phoenix Yard, Bridge Street, Morpeth, NE61 1PQ, there are an average of 0.8 cars per household.
See below for how this compares to North East and the rest of England & Wales.