37, Morpeth Avenue
37, Morpeth Avenue
Description & Estimates
According to the public record, 37, Morpeth Avenue, Morpeth is an early-century house with 947 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 37, Morpeth Avenue, Morpeth is £84,880 and the estimated rental value is £571 per month.
Morpeth Avenue, Pegswood, Morpeth, NE61 is located within the NE61 postal district.
Our Data Sources
37, 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
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 37, Morpeth Avenue, Morpeth is in very good condition we estimate a sale value of £89,124 and a rental value of £600 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £78,938 and a rental value of £531 per month.
Recent Market Change
Over the past 12 months, the estimated sale value of 37, Morpeth Avenue, Morpeth has moved up by £3,005 (3.5%), while its estimated rental value has increased by £29 per month (5.0%). Based on current estimates, the property offers a gross rental yield of 8.1%.
Energy Efficiency
37, 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
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to 37, Morpeth Avenue, Morpeth within a radius of 1.8 kilometres over the last 2 years.
The most recent example is 38, Hebron Avenue, Morpeth, NE61 6RH, a freehold house which sold for £58,500 on the 14th September 2023.
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
Morpeth Avenue, Pegswood, Morpeth, NE61 has a total of 22 addresses. According to our analysis of all the public data, 37, Morpeth Avenue, Morpeth is the 4th largest and the 5th most expensive property on the street.
When compared to the postcode district it is £196k less expensive than the average property in NE61.
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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
The closest station to 37, Morpeth Avenue, Morpeth is Pegswood station, which is 800 metres away.
- 800mPegswood
- 2.8kmMorpeth
- 5.2kmAshington
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.
