1 Pethgate Court, Morpeth
1 Pethgate Court, Morpeth
Description & Estimates
1 Pethgate Court, Morpeth is recorded publicly as a period leasehold apartment across 893 ft2 of internal area.
Locally, apartments of this size normally have 2 bedrooms.
Our estimate of the sale value of 1 Pethgate Court, Morpeth is £245,890 and its rental estimate is £1,202 per month, given the available information and assuming reasonable condition.
Pethgate Court, Castle Square is a residential building on Castle Square, Morpeth, NE61 and falls within the NE61 postal district.
Our Data Sources
1 Pethgate Court, Morpeth has 2 entries in the Land Registry , most recently in November 2016 and a single entry in the EPC database dated March 2023.
We combine this information with that of neighbouring properties to estimate the property attributes and values.
The local information is scored as 4 out of 5 and is considered of high 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 Pethgate Court, Morpeth, we estimate a market value of £258,185 and a rental value of £1,262 per month when presented in very good decorative order. Should the property require extensive cosmetic improvement, those figures would reduce to £228,678 and £1,117 per month respectively.
Recent Market Change
Over the last year, 1 Pethgate Court, Morpeth has seen its estimated sale value grow by £1,300 (0.5%) and its estimated rental value climb by £25 per month (2.1%). This results in an estimated gross rental yield of 5.9%.
Energy Efficiency
1 Pethgate Court, Morpeth has an Energy Performance Rating (EPC) of D. This is based on the most recent assessment, dated 27 Mar 2023.
The property is connected to mains gas and has fully double glazed windows. It is heated using Boiler and radiators, mains gas.
Sold Prices
The most recent sale of 1 Pethgate Court, Morpeth completed on 28th November 2016 at £180,000 and was recorded by HM Land Registry as a leasehold flat.
Since 1995 the property has sold twice.
Values of comparable properties have dropped by 3.4% over the period since November 2016.
- Sold Nov 2016£180,000
- Sold Jun 2010£134,000
Similar Properties Sold Nearby
Over the past 2 years 3 properties similar to 1 Pethgate Court, Morpeth have sold within a radius of 630 metres, per the Land Registry and our network of Estate Agents.
The latest, on the 26th March 2025, was 5 Pethgate Court, Castle Square, Morpeth, NE61 1YL, a leasehold flat which sold for £280,000.
Read more about house prices in NE61.
- Sold Mar 2025£280,000 | 3 Bed Flat5 Pethgate Court, Castle Square, Morpeth, NE61 1YL5 Pethgate Court, Castle Square, Morpeth, NE61 1YL
- Sold Jul 2024£295,000 | 2 Bed Flat2 Pethgate Court, Castle Square, Morpeth, NE61 1YL2 Pethgate Court, Castle Square, Morpeth, NE61 1YL
- Sold Jun 2016£85,000 | 2 Bed Flat6 Pethgate Court, Castle Square, Morpeth, NE61 1YL6 Pethgate Court, Castle Square, Morpeth, NE61 1YL
•Nearby is defined as the radius comprising the nearest 2,000 addresses.
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Location Comparison
Of the 9 addresses on Castle Square, Morpeth, NE61, 1 Pethgate Court, Morpeth comes out as the 6th largest and the 5th most expensive in our analysis of the public data.
It is also £35k less expensive than the average property across the NE61 district.
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Schools Nearby
- 400mSt Roberts Catholic First School, Morpeth
- 900mAbbeyfields First School
- 1.1kmMorpeth Stobhillgate First School
- 1.1kmThe King Edward VI School
- 6.4kmSt Benet Biscop Catholic Academy
- 6.9kmAshington Academy
More reading links
Public Transport Nearby
From 1 Pethgate Court, Morpeth, the nearest station is Morpeth, 400 metres away.
- 400mMorpeth
- 3.0kmPegswood
- 7.5kmAshington
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.
