2, Castle Terrace
2, Castle Terrace
Description & Estimates
Public records show 2, Castle Terrace, Morpeth to be a period freehold house with 1,614 ft2 of internal area, sitting on a 80 m2 plot.
In this area, houses of this size normally have 4 bedrooms with a garden.
2, Castle Terrace, Morpeth has an estimated sale value of £552,524 and an estimated rental value of £1,584 per month, assuming reasonable condition and based on the information available.
Castle Terrace, Warkworth, Morpeth, NE65 lies within the NE65 postal district.
Our Data Sources
2, Castle Terrace, Morpeth has a single entry in the Land Registry from July 2020 and a single entry in the EPC database dated June 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
In very good condition, we estimate 2, Castle Terrace, Morpeth would be worth £580,150, with a potential rental value of £1,663 per month.
If substantial cosmetic improvements are needed, the estimated sale value falls to £513,847, with a rental value of £1,473 per month.
The extent to which decoration affects a property's value depends on its type, size and location.
Recent Market Change
The estimated sale value of 2, Castle Terrace, Morpeth has moved up by £6,553 (1.2%) over the last year. During the same period, its estimated monthly rental value has increased by £40 (2.5%). The property's estimated gross yield is currently 3.4%.
Plot Size
2, Castle Terrace, Morpeth occupies a 80 m2 plot as recorded by HM Land Registry.
Of the 6 other houses in this postcode, 5 have recorded plot sizes, and this one ranks as the 4th largest.
Energy Efficiency
2, Castle Terrace, Morpeth has an Energy Performance Rating (EPC) of C. This is based on the most recent assessment, dated 16 Jun 2018.
The property is connected to mains gas and has partial double glazing. It is heated using Boiler and radiators, mains gas.
Sold Prices
2, Castle Terrace, Morpeth last changed hands on 3rd July 2020, selling for £207,500. The transaction was logged as a freehold house by HM Land Registry.
That is its only recorded sale since 1995.
The market for similar properties has risen by 5.2% since July 2020.
- Sold Jul 2020£207,500
Similar Properties Sold Nearby
Land Registry records and our Estate Agent network show 3 sales of comparable properties within 2.3 kilometres of 2, Castle Terrace, Morpeth across the last 2 years.
Most recently, 4A, Castle Street, Morpeth, NE65 0UW, a freehold house, sold at £602,500 on the 1st September 2022.
Read more about house prices in NE65.
•Nearby is defined as the radius comprising the nearest 2,000 addresses.
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Location Comparison
Our analysis of the public data ranks 2, Castle Terrace, Morpeth as the 3rd largest and the 3rd most expensive of the 6 addresses on Castle Terrace, Warkworth, Morpeth, NE65.
Against the NE65 postcode district average, it is £258k more expensive than the typical property.
More reading links
Schools Nearby
- 600mNCEA Warkworth Church of England Primary School
- 2.4kmKing Edwin Primary School
- 2.9kmAmble Links Primary School
- 2.4kmJames Calvert Spence College
- 8.0kmThe Duchess's Community High School
- 18.8kmAshington Academy
More reading links
Public Transport Nearby
Acklington station is the nearest stop to 2, Castle Terrace, Morpeth at 5.1 kilometres away.
- 5.1kmAcklington
- 5.4kmAlnmouth
- 11.7kmWiddrington
Available Internet Speeds
Ofcom's latest figures show superfast broadband available in this area.
According to recent data from Ofcom, Superfast broadband is available in the area.
Risk of Flooding
Environment Agency data suggests this area has a very low risk of flooding.
