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Bricks&Logic is a trading name of Urban Markets Ltd
Company No. 11113204
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VAT No. GB 287 0845 68
Registered Address: 2 Leman St, London E1 8FA
According to the public record, 10, Turner Square, Morpeth is a leasehold apartment.
By comparing it to neighbours, we estimate that it is a modern apartment with 658 ft2 of internal area.
Apartments of this size in this area normally have 2 bedrooms.
Based on available information, and assuming reasonable condition, the estimated sale value for 10, Turner Square, Morpeth is £140,446 and the estimated rental value is £956 per month.
Turner Square, Morpeth, NE61 is located within the NE61 postal district.
10, Turner Square, Morpeth has 2 entries in the Land Registry , most recently in June 2015 and no records in the EPC database.
We combine this sold price information with public data of neighbouring properties to estimate the attributes and values.
The local information is scored as 4 out of 5 and is considered of high accuracy.
Decorative condition can have a big effect on a property's value and this effect varies depending on the type, size and location of the property.
If 10, Turner Square, Morpeth is in very good condition we estimate a sale value of £147,469 and a rental value of £1,004 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £130,615 and a rental value of £889 per month.
Over the last 12 months the sale value of 10 Turner Square Morpeth has increased by an estimated £1,942 (1.4%) and its rental value has increased by an estimated £23 per month (2.4%), giving an expected gross yield of 8.2%.
According to HM Land Registry, 10, Turner Square, Morpeth was last sold on 26th June 2015 for £92,000 and was recorded as a leasehold flat.
The property has had 2 sales since 1995.
Since June 2015, the market for similar properties has dropped 13.8%
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to 10, Turner Square, Morpeth within a radius of 620 metres over the last 2 years.
The most recent example is 12, Turner Square, Morpeth, NE61 2JA, a leasehold flat which sold for £95,000 on the 14th June 2013.
Read more about house prices in NE61.
•Nearby is defined as the radius comprising the nearest 2,000 addresses.
Turner Square, Morpeth, NE61 has a total of 24 addresses. According to our analysis of all the public data, 10, Turner Square, Morpeth is the 16th largest and the 16th most expensive property on the street.
When compared to the postcode district it is £138k less expensive than the average property in NE61.
The closest station to 10, Turner Square, Morpeth is Morpeth station which is 700 metres away.
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.
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The recent census recorded whether a resident owned or rented their home.
In the area around 10, Turner Square, Morpeth, 45.8% of property is privately owned with a mortgage and 43.0% is privately owned outright.
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 10, Turner Square, Morpeth, 23.9% of residents are recorded as possessing school level qualifications and 56.5% 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 10, Turner Square, Morpeth, the average age was 44.7 and the most common age was 57.
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 10, Turner Square, Morpeth, 1.8% 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 10, Turner Square, Morpeth, there are an average of 1.7 cars per household.
See below for how this compares to North East and the rest of England & Wales.
