1 Morpeth Court, Castle Bank
1 Morpeth Court, Castle Bank
Description & Estimates
1 Morpeth Court, Castle Bank, Morpeth is recorded publicly as a period leasehold apartment across 828 ft2 of internal area.
Locally, apartments of this size normally have 2 bedrooms with a garden.
Our estimate of the sale value of 1 Morpeth Court, Castle Bank, Morpeth is £118,580 and its rental estimate is £830 per month, given the available information and assuming reasonable condition.
Castle Bank, Morpeth, NE61 falls within the NE61 postal district.
Our Data Sources
1 Morpeth Court, Castle Bank, Morpeth has 31 entries in the Land Registry , most recently in October 2024 and a single entry in the EPC database dated April 2018.
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 1 Morpeth Court, Castle Bank, Morpeth, we estimate a market value of £124,509 and a rental value of £872 per month when presented in very good decorative order. Should the property require extensive cosmetic improvement, those figures would reduce to £110,279 and £772 per month respectively.
Recent Market Change
Over the last year, 1 Morpeth Court, Castle Bank, Morpeth has seen its estimated sale value move up by £2,122 (1.8%) and its estimated rental value increase by £27 per month (3.2%). This results in an estimated gross rental yield of 8.4%.
Energy Efficiency
1 Morpeth Court, Castle Bank, Morpeth has an Energy Performance Rating (EPC) of E. This is based on the most recent assessment, dated 16 Apr 2018.
The property is not connected to mains gas and has single glazed windows. It is heated using Room heaters, electric.
Sold Prices
The most recent sale of 1 Morpeth Court, Castle Bank, Morpeth completed on 9th October 2024 at £115,000 and was recorded by HM Land Registry as a leasehold flat.
Since 1995 the property has sold 3 times.
Values of comparable properties have risen by 10.3% over the period since October 2024.
- Sold Oct 2024£115,000
- Sold Aug 2011£119,000
- Sold Nov 1999£57,000
Similar Properties Sold Nearby
Over the past 2 years 3 properties similar to 1 Morpeth Court, Castle Bank, Morpeth have sold within a radius of 650 metres, per the Land Registry and our network of Estate Agents.
The latest, on the 25th July 2025, was 10A, Oldgate, Morpeth, NE61 1LX, a leasehold flat which sold for £120,000.
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 14 addresses on Castle Bank, Morpeth, NE61, 1 Morpeth Court, Castle Bank, Morpeth comes out as the 10th largest and the 10th most expensive in our analysis of the public data.
It is also £162k less expensive than the average property across the NE61 district.
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Schools Nearby
- 600mSt Roberts Catholic First School, Morpeth
- 900mAbbeyfields First School
- 1.0kmMorpeth Stobhillgate First School
- 1.2kmThe King Edward VI School
- 6.3kmSt Benet Biscop Catholic Academy
- 6.9kmAshington Academy
More reading links
Public Transport Nearby
From 1 Morpeth Court, Castle Bank, Morpeth, the nearest station is Morpeth, 300 metres away.
- 300mMorpeth
- 2.9kmPegswood
- 7.4kmAshington
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 low, based on Environment Agency data.
