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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, 3, Castle Close, Morpeth is a mid-century house with 968 ft2 of internal area.
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 3, Castle Close, Morpeth is £170,647 and the estimated rental value is £1,116 per month.
Castle Close, Morpeth, NE61 is located within the NE61 postal district.
3, Castle Close, Morpeth has no records in the the Land Registry and a single entry in the EPC database dated July 2017.
We combine this information with public data 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 3, Castle Close, Morpeth is in very good condition we estimate a sale value of £179,179 and a rental value of £1,172 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £158,701 and a rental value of £1,038 per month.
Over the last 12 months the sale value of 3 Castle Close Morpeth has increased by an estimated £6,678 (3.9%) and its rental value has increased by an estimated £55 per month (4.9%), giving an expected gross yield of 7.9%.
3, Castle Close, Morpeth has an Energy Performance Rating (EPC) of D. This is based on the most recent assessment, dated 13 Jul 2017.
The property is connected to mains gas and has fully double glazed windows. It is heated using Boiler and radiators, mains gas.
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to 3, Castle Close, Morpeth within a radius of 630 metres over the last 2 years.
The most recent example is 27, Castle Close, Morpeth, NE61 2LL, a freehold house which sold for £162,500 on the 12th July 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, 3, Castle Close, Morpeth is the 18th largest and the 37th most expensive property on the street.
When compared to the postcode district it is £108k less expensive than the average property in NE61.
The closest station to 3, 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 3, 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 3, 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 3, 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 3, 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 3, 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.
