42, Mathesons Gardens
42, Mathesons Gardens
Description & Estimates
Public records show 42, Mathesons Gardens, Morpeth to be a modern leasehold apartment with 688 ft2 of internal area.
In this area, apartments of this size normally have 2 bedrooms.
42, Mathesons Gardens, Morpeth has an estimated sale value of £178,226 and an estimated rental value of £1,061 per month, assuming reasonable condition and based on the information available.
Mathesons Gardens, Morpeth, NE61 lies within the NE61 postal district.
Our Data Sources
42, Mathesons Gardens, Morpeth has a single entry in the Land Registry from August 2022 and a single entry in the EPC database dated June 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
In very good condition, we estimate 42, Mathesons Gardens, Morpeth would be worth £187,138, with a potential rental value of £1,114 per month.
If substantial cosmetic improvements are needed, the estimated sale value falls to £165,751, with a rental value of £986 per month.
The extent to which decoration affects a property's value depends on its type, size and location.
Recent Market Change
The estimated sale value of 42, Mathesons Gardens, Morpeth has climbed by £942 (0.5%) over the last year. During the same period, its estimated monthly rental value has risen by £22 (2.1%). The property's estimated gross yield is currently 7.1%.
Energy Efficiency
42, Mathesons Gardens, Morpeth has an Energy Performance Rating (EPC) of C. This is based on the most recent assessment, dated 07 Jun 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
42, Mathesons Gardens, Morpeth last changed hands on 23rd August 2022, selling for £150,000. The transaction was logged as a leasehold flat by HM Land Registry.
That is its only recorded sale since 1995.
The market for similar properties has dropped by 12.6% since August 2022.
- Sold Aug 2022£150,000
Similar Properties Sold Nearby
Land Registry records and our Estate Agent network show 3 sales of comparable properties within 600 metres of 42, Mathesons Gardens, Morpeth across the last 2 years.
Most recently, 7, Mathesons Gardens, Morpeth, NE61 1ET, a leasehold flat, sold at £195,000 on the 27th February 2026.
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
Our analysis of the public data ranks 42, Mathesons Gardens, Morpeth as the 14th largest and the 23rd most expensive of the 47 addresses on Mathesons Gardens, Morpeth, NE61.
Against the NE61 postcode district average, it is £103k less expensive than the typical property.
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Schools Nearby
- 200mSt Roberts Catholic First School, Morpeth
- 500mAbbeyfields First School
- 1.2kmMorpeth All Saints Church of England First School
- 900mThe King Edward VI School
- 6.7kmSt Benet Biscop Catholic Academy
- 7.3kmAshington Academy
More reading links
Public Transport Nearby
Morpeth station is the nearest stop to 42, Mathesons Gardens, Morpeth at 800 metres away.
- 800mMorpeth
- 3.3kmPegswood
- 7.8kmAshington
Available Internet Speeds
Ofcom's latest figures show superfast broadband available in this area.
According to recent data from Ofcom, Superfast broadband is available in the area.
Risk of Flooding
Environment Agency data suggests this area has a low risk of flooding.
