40, Newburgh Street
40, Newburgh Street
Description & Estimates
40, Newburgh Street, Morpeth is recorded publicly as a period freehold house across 657 ft2 of internal area.
Locally, houses of this size normally have 2 bedrooms with a garden.
Our estimate of the sale value of 40, Newburgh Street, Morpeth is £168,578 and its rental estimate is £1,047 per month, given the available information and assuming reasonable condition.
Newburgh Street, Amble, Morpeth, NE65 falls within the NE65 postal district.
Our Data Sources
40, Newburgh Street, Morpeth has a single entry in the Land Registry from March 2020 and a single entry in the EPC database dated September 2022.
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.
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 40, Newburgh Street, Morpeth, we estimate a market value of £177,007 and a rental value of £1,100 per month when presented in very good decorative order. Should the property require extensive cosmetic improvement, those figures would reduce to £156,777 and £974 per month respectively.
Recent Market Change
Over the last year, 40, Newburgh Street, Morpeth has seen its estimated sale value grow by £3,774 (2.2%) and its estimated rental value climb by £39 per month (3.7%). This results in an estimated gross rental yield of 7.5%.
Energy Efficiency
40, Newburgh Street, Morpeth has an Energy Performance Rating (EPC) of C. This is based on the most recent assessment, dated 14 Sep 2022.
The property is connected to mains gas and has fully double glazed windows. It is heated using Boiler and radiators, mains gas.
Sold Prices
The most recent sale of 40, Newburgh Street, Morpeth completed on 5th March 2020 at £74,000 and was recorded by HM Land Registry as a freehold house.
Since 1995 this is the property's only sale.
Values of comparable properties have risen by 56.9% over the period since March 2020.
- Sold Mar 2020£74,000
Similar Properties Sold Nearby
Over the past 2 years 3 properties similar to 40, Newburgh Street, Morpeth have sold within a radius of 760 metres, per the Land Registry and our network of Estate Agents.
The latest, on the 3rd February 2023, was 15, Percy Street, Morpeth, NE65 0AG, a freehold house which sold for £187,000.
Read more about house prices in NE65.
- Sold Feb 2023£187,000 | 3 Bed House15, Percy Street, Morpeth, NE65 0AG15, Percy Street, Morpeth, NE65 0AG
- Sold Jan 2020£132,500 | 2 Bed House32, Gordon Street, Morpeth, NE65 0AT32, Gordon Street, Morpeth, NE65 0AT
- Sold Apr 2018£107,500 | 2 Bed House17, Broomhill Street, Morpeth, NE65 0AN17, Broomhill Street, Morpeth, NE65 0AN
•Nearby is defined as the radius comprising the nearest 2,000 addresses.
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Location Comparison
Of the 44 addresses on Newburgh Street, Amble, Morpeth, NE65, 40, Newburgh Street, Morpeth comes out as the 34th largest and the 28th most expensive in our analysis of the public data.
It is also £126k less expensive than the average property across the NE65 district.
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Schools Nearby
- 400mAmble Links Primary School
- 900mKing Edwin Primary School
- 2.3kmNCEA Warkworth Church of England Primary School
- 1.4kmJames Calvert Spence College
- 10.4kmThe Duchess's Community High School
- 17.5kmAshington Academy
More reading links
Public Transport Nearby
From 40, Newburgh Street, Morpeth, the nearest station is Acklington, 5.6 kilometres away.
- 5.6kmAcklington
- 7.4kmAlnmouth
- 10.7kmWiddrington
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.
