14, Tranwell Close
14, Tranwell Close
Description & Estimates
14, Tranwell Close, Morpeth is recorded publicly as a mid-century freehold house across 753 ft2 of internal area, sitting on a 189 m2 plot.
Locally, houses of this size normally have 3 bedrooms with a garden.
Our estimate of the sale value of 14, Tranwell Close, Morpeth is £169,062 and its rental estimate is £1,192 per month, given the available information and assuming reasonable condition.
Tranwell Close, Pegswood, Morpeth, NE61 falls within the NE61 postal district.
Our Data Sources
14, Tranwell Close, Morpeth has 2 entries in the Land Registry , most recently in December 2015 and a single entry in the EPC database dated October 2013.
We combine this information with that of neighbouring properties to estimate the property attributes and values.
The local information is scored as 1 out of 5 and is considered of low 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 14, Tranwell Close, Morpeth, we estimate a market value of £177,515 and a rental value of £1,252 per month when presented in very good decorative order. Should the property require extensive cosmetic improvement, those figures would reduce to £157,227 and £1,109 per month respectively.
Recent Market Change
Over the last year, 14, Tranwell Close, Morpeth has seen its estimated sale value climb by £5,985 (3.5%) and its estimated rental value rise by £60 per month (5.0%). This results in an estimated gross rental yield of 8.5%.
Plot Size
HM Land Registry records the plot of land for 14, Tranwell Close, Morpeth as measuring 189 m2.
That makes it the 2nd largest plot in the postcode, where 5 of the 14 other houses have recorded plot data.
Energy Efficiency
14, Tranwell Close, Morpeth has an Energy Performance Rating (EPC) of C. This is based on the most recent assessment, dated 21 Oct 2013.
The property is not 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 14, Tranwell Close, Morpeth completed on 11th December 2015 at £125,500 and was recorded by HM Land Registry as a freehold house.
Since 1995 the property has sold twice.
Values of comparable properties have risen by 124.8% over the period since December 2015.
- Sold Dec 2015£125,500
- Sold Dec 2013£125,000
Similar Properties Sold Nearby
Over the past 2 years 3 properties similar to 14, Tranwell Close, Morpeth have sold within a radius of 1.9 kilometres, per the Land Registry and our network of Estate Agents.
The latest, on the 16th June 2023, was 27, Chevington Close, Morpeth, NE61 6YN, a freehold house which sold for £178,000.
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 Tranwell Close, Pegswood, Morpeth, NE61, 14, Tranwell Close, Morpeth comes out as the 5th largest and the 5th most expensive in our analysis of the public data.
It is also £112k less expensive than the average property across the NE61 district.
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Schools Nearby
- 800mPegswood Primary School
- 2.3kmMorpeth Stobhillgate First School
- 2.7kmSt Roberts Catholic First School, Morpeth
- 2.5kmThe King Edward VI School
- 4.7kmAshington Academy
- 5.9kmSt Benet Biscop Catholic Academy
More reading links
Public Transport Nearby
From 14, Tranwell Close, Morpeth, the nearest station is Pegswood, 600 metres away.
- 600mPegswood
- 2.5kmMorpeth
- 5.2kmAshington
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 very low, based on Environment Agency data.
