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Bricks&Logic is a trading name of Urban Markets Ltd
Company No. 11113204
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VAT No. GB 287 0845 68
Registered Address: 2 Leman St, London E1 8FA
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According to the public record, 27, Castle Close, Morpeth is a mid-century freehold house with 925 ft2 of internal area and sits on a 155 m2 plot.
Houses of this size in this area normally have 3 bedrooms with a garden.
Based on available information, and assuming reasonable condition, the estimated sale value for 27, Castle Close, Morpeth is £166,836 and the estimated rental value is £1,110 per month.
Castle Close, Morpeth, NE61 is located within the NE61 postal district.
27, Castle Close, Morpeth has 31 entries in the Land Registry , most recently in July 2024 and a single entry in the EPC database dated October 2020.
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.
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 27, Castle Close, Morpeth is in very good condition we estimate a sale value of £175,178 and a rental value of £1,165 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £155,158 and a rental value of £1,032 per month.
Over the last 12 months the sale value of 27 Castle Close Morpeth has increased by an estimated £6,529 (3.9%) and its rental value has increased by an estimated £55 per month (4.9%), giving an expected gross yield of 8%.
According to data from HM Land Registry, 27, Castle Close, Morpeth sits on a plot of 155m2.
We have plot size data on 26 out of 46 other houses in the postcode and 27, Castle Close, Morpeth sits on the 15th largest plot.
27, Castle Close, Morpeth has an Energy Performance Rating (EPC) of C. This is based on the most recent assessment, dated 01 Oct 2020.
The property is connected to mains gas and has fully double glazed windows. It is heated using Boiler and radiators, mains gas.
According to HM Land Registry, 27, Castle Close, Morpeth was last sold on 12th July 2024 for £162,500 and was recorded as a freehold house.
The property has had 3 sales since 1995.
Since July 2024, the market for similar properties has risen 21.0%
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to 27, Castle Close, Morpeth within a radius of 630 metres over the last 2 years.
The most recent example is 20, Castle Close, Morpeth, NE61 2LJ, a freehold house which sold for £185,000 on the 29th April 2024.
Read more about house prices in NE61.
•Nearby is defined as the radius comprising the nearest 2,000 addresses.
Castle Close, Morpeth, NE61 has a total of 72 addresses. According to our analysis of all the public data, 27, Castle Close, Morpeth is the 51st largest and the 55th most expensive property on the street.
When compared to the postcode district it is £112k less expensive than the average property in NE61.
The closest station to 27, Castle Close, Morpeth is Morpeth station which is 700 metres away.
According to recent data from Ofcom, ultrafast broadband is available in this area.
According to recent data from Ofcom, Ultrafast broadband is available in the area.
According to data from the Environment Agency, the flood risk in this area is considered to be very low.
The recent census recorded whether a resident owned or rented their home.
In the area around 27, Castle Close, Morpeth, 40.3% of property is socially rented and 28.6% is privately owned with a mortgage.
The graph below shows how this compares to North East and the rest of England & Wales.
The recent census recorded the highest level of education achieved by residents in the local area.
In the area around 27, Castle Close, Morpeth, 21.8% of residents are recorded as possessing school level qualifications and 29.5% as possessing degree level qualifications.
The graph below shows how this compares to North East and the rest of England & Wales.
The most recent census in 2021 recorded the age of all UK residents.
In the area around 27, Castle Close, Morpeth, the average age was 48.3 and the most common age was 62.
The graph below shows how this compares to North East and the rest of England & Wales
The recent census recorded whether a property was a primary or secondary home for the resident.
In the area around 27, Castle Close, Morpeth, 0.0% of property was a second home.
Comparison figures for North East and the rest of England & Wales are listed below.
The recent census recorded the number of cars registered in each household.
In the area around 27, Castle Close, Morpeth, there are an average of 1.0 cars per household.
See below for how this compares to North East and the rest of England & Wales.
