2, Castle Way
2, Castle Way
Description & Estimates
According to the public record, 2, Castle Way, Morpeth is a mid-century freehold house with 527 ft2 of internal area and sits on a 168 m2 plot.
Houses of this size in this area normally have 2 bedrooms with a garden.
Based on available information, and assuming reasonable condition, the estimated sale value for 2, Castle Way, Morpeth is £119,606 and the estimated rental value is £871 per month.
Castle Way, Pegswood, Morpeth, NE61 is located within the NE61 postal district.
Our Data Sources
2, Castle Way, Morpeth has 31 entries in the Land Registry , most recently in July 2017 and a single entry in the EPC database dated March 2016.
We combine this information with that of neighbouring properties to estimate the property attributes and values.
The local information is scored as 5 out of 5 and is considered of high accuracy.
Price Range & Condition
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 2, Castle Way, Morpeth is in very good condition we estimate a sale value of £125,586 and a rental value of £914 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £111,234 and a rental value of £810 per month.
Recent Market Change
Over the past 12 months, the estimated sale value of 2, Castle Way, Morpeth has increased by £4,264 (3.6%), while its estimated rental value has grown by £45 per month (5.1%). Based on current estimates, the property offers a gross rental yield of 8.7%.
Plot Size
According to data from HM Land Registry, 2, Castle Way, Morpeth sits on a plot of 168 m2.
We have plot size data on 63 out of 71 other houses in the postcode and 2, Castle Way, Morpeth sits on the 48th largest plot.
Energy Efficiency
2, Castle Way, Morpeth has an Energy Performance Rating (EPC) of C. This is based on the most recent assessment, dated 08 Mar 2016.
The property is connected to mains gas and has fully double glazed windows. It is heated using Boiler and radiators, mains gas.
Sold Prices
According to HM Land Registry, 2, Castle Way, Morpeth was last sold on 14th July 2017 for £75,000 and was recorded as a freehold house.
The property has had 3 sales since 1995.
Since July 2017, the market for similar properties has risen by 48.1%.
- Sold Jul 2017£75,000
- Sold Aug 2003£74,950
- Sold May 2003£59,950
Similar Properties Sold Nearby
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to 2, Castle Way, Morpeth within a radius of 2.3 kilometres over the last 2 years.
The most recent example is 4, Castle Way, Morpeth, NE61 6XH, a freehold house which sold for £95,000 on the 22nd May 2025.
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
Castle Way, Pegswood, Morpeth, NE61 has a total of 71 addresses. According to our analysis of all the public data, 2, Castle Way, Morpeth is the 62nd largest and the 63rd most expensive property on the street.
When compared to the postcode district it is £161k less expensive than the average property in NE61.
More reading links
Schools Nearby
- 300mPegswood Primary School
- 3.1kmMorpeth Stobhillgate First School
- 3.3kmRingway Primary School
- 3.3kmThe King Edward VI School
- 4.0kmAshington Academy
- 5.8kmSt Benet Biscop Catholic Academy
More reading links
Public Transport Nearby
The closest station to 2, Castle Way, Morpeth is Pegswood station, which is 400 metres away.
- 400mPegswood
- 3.3kmMorpeth
- 4.4kmAshington
Available Internet Speeds
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.
Risk of Flooding
According to data from the Environment Agency, the flood risk in this area is considered to be very low.
