4, Kings Avenue
4, Kings Avenue
Description & Estimates
4, Kings Avenue, Morpeth is recorded publicly as a period leasehold apartment across 1,520 ft2 of internal area.
Locally, apartments of this size normally have 3 bedrooms with a garden.
Our estimate of the sale value of 4, Kings Avenue, Morpeth is £391,910 and its rental estimate is £1,906 per month, given the available information and assuming reasonable condition.
4, Kings Avenue is a residential building on Kings Avenue, Morpeth, NE61 and falls within the NE61 postal district.
Our Data Sources
4, Kings Avenue, Morpeth has 21 entries in the Land Registry , most recently in October 2012 and a single entry in the EPC database dated February 2010.
We combine this information with that 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 4, Kings Avenue, Morpeth, we estimate a market value of £411,506 and a rental value of £2,001 per month when presented in very good decorative order. Should the property require extensive cosmetic improvement, those figures would reduce to £364,477 and £1,772 per month respectively.
Recent Market Change
Over the last year, 4, Kings Avenue, Morpeth has seen its estimated sale value increase by £6,193 (1.6%) and its estimated rental value grow by £69 per month (3.6%). This results in an estimated gross rental yield of 5.8%.
Energy Efficiency
4, Kings Avenue, Morpeth has an Energy Performance Rating (EPC) of F. This is based on the most recent assessment, dated 02 Feb 2010.
The property is connected to mains gas and has mostly double glazing. It is heated using Boiler and radiators, mains gas.
Sold Prices
The most recent sale of 4, Kings Avenue, Morpeth completed on 19th October 2012 at £250,000 and was recorded by HM Land Registry as a leasehold flat.
Since 1995 the property has sold twice.
Values of comparable properties have dropped by 31.0% over the period since October 2012.
- Sold Oct 2012£250,000
- Sold May 1995£115,000
Similar Properties Sold Nearby
Over the past 2 years 2 properties similar to 4, Kings Avenue, Morpeth have sold within a radius of 730 metres, per the Land Registry and our network of Estate Agents.
The latest, on the 4th March 2022, was 2 Dene View Court, Pottery Bank, Morpeth, NE61 1SH, a leasehold flat which sold for £360,000.
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 30 addresses on Kings Avenue, Morpeth, NE61, 4, Kings Avenue, Morpeth comes out as the 27th largest and the 29th most expensive in our analysis of the public data.
It is also £111k more expensive than the average property across the NE61 district.
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Schools Nearby
- 500mSt Roberts Catholic First School, Morpeth
- 1.0kmAbbeyfields First School
- 1.1kmMorpeth All Saints Church of England First School
- 300mThe King Edward VI School
- 7.0kmSt Benet Biscop Catholic Academy
- 7.1kmAshington Academy
More reading links
Public Transport Nearby
From 4, Kings Avenue, Morpeth, the nearest station is Morpeth, 1.2 kilometres away.
- 1.2kmMorpeth
- 3.0kmPegswood
- 7.5kmAshington
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.
