2 The Old Registry, Northumberland Gardens
2 The Old Registry, Northumberland Gardens
Description & Estimates
2 The Old Registry, Northumberland Gardens, Morpeth is recorded publicly as a modern leasehold apartment across 462 ft2 of internal area.
Locally, apartments of this size normally have 2 bedrooms.
Our estimate of the sale value of 2 The Old Registry, Northumberland Gardens, Morpeth is £220,672 and its rental estimate is £1,292 per month, given the available information and assuming reasonable condition.
Northumberland Gardens, Morpeth, NE61 falls within the NE61 postal district.
Our Data Sources
2 The Old Registry, Northumberland Gardens, Morpeth has a single entry in the Land Registry from January 2022 and a single entry in the EPC database dated December 2020.
We combine this information with that of neighbouring properties to estimate the property attributes and values.
The local information is scored as 3 out of 5 and is considered of medium 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 2 The Old Registry, Northumberland Gardens, Morpeth, we estimate a market value of £231,706 and a rental value of £1,357 per month when presented in very good decorative order. Should the property require extensive cosmetic improvement, those figures would reduce to £205,225 and £1,202 per month respectively.
Recent Market Change
Over the last year, 2 The Old Registry, Northumberland Gardens, Morpeth has seen its estimated sale value increase by £1,167 (0.5%) and its estimated rental value grow by £27 per month (2.1%). This results in an estimated gross rental yield of 7.0%.
Energy Efficiency
2 The Old Registry, Northumberland Gardens, Morpeth has an Energy Performance Rating (EPC) of C. This is based on the most recent assessment, dated 11 Dec 2020.
The property is not connected to mains gas and has full secondary glazing. It is heated using Boiler and radiators, electric.
Sold Prices
The most recent sale of 2 The Old Registry, Northumberland Gardens, Morpeth completed on 28th January 2022 at £180,000 and was recorded by HM Land Registry as a leasehold flat.
Since 1995 this is the property's only sale.
Values of comparable properties have dropped by 9.7% over the period since January 2022.
- Sold Jan 2022£180,000
Similar Properties Sold Nearby
Over the past 2 years 3 properties similar to 2 The Old Registry, Northumberland Gardens, Morpeth have sold within a radius of 710 metres, per the Land Registry and our network of Estate Agents.
The latest, on the 4th December 2023, was 10 The Old Registry, Northumberland Gardens, Morpeth, NE61 1ER, a leasehold flat which sold for £191,000.
Read more about house prices in NE61.
- Sold Dec 2023£191,000 | 1 Bed FlatNorthumberland Gardens10 The Old Registry, Northumberland Gardens, Morpeth, NE61 1ER
- Sold Nov 2021£164,999 | 1 Bed FlatNorthumberland Gardens8 The Old Registry, Northumberland Gardens, Morpeth, NE61 1ER
- Sold Jun 2021£202,500 | 2 Bed FlatNorthumberland Gardens11 The Old Registry, Northumberland Gardens, Morpeth, NE61 1ER
•Nearby is defined as the radius comprising the nearest 2,000 addresses.
More reading links
Location Comparison
Of the 16 addresses on Northumberland Gardens, Morpeth, NE61, 2 The Old Registry, Northumberland Gardens, Morpeth comes out as the 14th largest and the 14th most expensive in our analysis of the public data.
It is also £60k less expensive than the average property across the NE61 district.
More reading links
Schools Nearby
- 300mSt Roberts Catholic First School, Morpeth
- 800mAbbeyfields First School
- 1.0kmMorpeth All Saints Church of England First School
- 500mThe King Edward VI School
- 7.0kmSt Benet Biscop Catholic Academy
- 7.3kmAshington Academy
More reading links
Public Transport Nearby
From 2 The Old Registry, Northumberland Gardens, Morpeth, the nearest station is Morpeth, 1.1 kilometres away.
- 1.1kmMorpeth
- 3.2kmPegswood
- 7.7kmAshington
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.
