25, Morpeth Avenue
25, Morpeth Avenue
Description & Estimates
25, Morpeth Avenue, Morpeth is described in the public record as an early-century house with 947 ft2 of internal area.
Locally, houses of this size normally have 3 bedrooms with a garden.
Our estimate of the sale value of 25, Morpeth Avenue, Morpeth is £84,880 and its rental estimate is £571 per month, given the available information and assuming reasonable condition.
Morpeth Avenue, Pegswood, Morpeth, NE61 falls within the NE61 postal district.
Our Data Sources
25, Morpeth Avenue, Morpeth has no records in the the Land Registry and a single entry in the EPC database dated August 2013.
We combine this information with public data 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
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 25, Morpeth Avenue, Morpeth, we estimate a market value of £89,124 and a rental value of £600 per month when presented in very good decorative order. Should the property require extensive cosmetic improvement, those figures would reduce to £78,938 and £531 per month respectively.
Recent Market Change
Over the last year, 25, Morpeth Avenue, Morpeth has seen its estimated sale value grow by £3,005 (3.5%) and its estimated rental value climb by £29 per month (5.0%). This results in an estimated gross rental yield of 8.1%.
Energy Efficiency
25, Morpeth Avenue, Morpeth has an Energy Performance Rating (EPC) of D. This is based on the most recent assessment, dated 06 Aug 2013.
The property is not connected to mains gas and has fully double glazed windows. It is heated using Boiler and radiators, mains gas.
Similar Properties Sold Nearby
Over the past 2 years 3 properties similar to 25, Morpeth Avenue, Morpeth have sold within a radius of 1.8 kilometres, per the Land Registry and our network of Estate Agents.
The latest, on the 14th September 2023, was 38, Hebron Avenue, Morpeth, NE61 6RH, a freehold house which sold for £58,500.
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 22 addresses on Morpeth Avenue, Pegswood, Morpeth, NE61, 25, Morpeth Avenue, Morpeth comes out as the 10th largest and the 10th most expensive in our analysis of the public data.
It is also £196k less expensive than the average property across the NE61 district.
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Schools Nearby
- 700mPegswood Primary School
- 2.7kmMorpeth Stobhillgate First School
- 2.8kmSt Roberts Catholic First School, Morpeth
- 2.5kmThe King Edward VI School
- 4.8kmAshington Academy
- 6.3kmSt Benet Biscop Catholic Academy
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Public Transport Nearby
From 25, Morpeth Avenue, Morpeth, the nearest station is Pegswood, 800 metres away.
- 800mPegswood
- 2.8kmMorpeth
- 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.
