42, Warkworth Way
42, Warkworth Way
Description & Estimates
42, Warkworth Way, Morpeth is recorded publicly as a modern freehold house across 731 ft2 of internal area.
Locally, houses of this size normally have 3 bedrooms with a garden.
Our estimate of the sale value of 42, Warkworth Way, Morpeth is £182,636 and its rental estimate is £1,145 per month, given the available information and assuming reasonable condition.
Warkworth Way, Amble, Morpeth, NE65 falls within the NE65 postal district.
Our Data Sources
42, Warkworth Way, Morpeth has 2 entries in the Land Registry , most recently in October 2022 and a single entry in the EPC database dated May 2019.
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 42, Warkworth Way, Morpeth, we estimate a market value of £191,768 and a rental value of £1,202 per month when presented in very good decorative order. Should the property require extensive cosmetic improvement, those figures would reduce to £169,851 and £1,065 per month respectively.
Recent Market Change
Over the last year, 42, Warkworth Way, Morpeth has seen its estimated sale value rise by £3,693 (2.0%) and its estimated rental value move up by £37 per month (3.2%). This results in an estimated gross rental yield of 7.5%.
Energy Efficiency
42, Warkworth Way, Morpeth has an Energy Performance Rating (EPC) of C. This is based on the most recent assessment, dated 09 May 2019.
The property is not 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 42, Warkworth Way, Morpeth completed on 31st October 2022 at £163,000 and was recorded by HM Land Registry as a freehold house.
Since 1995 the property has sold twice.
Values of comparable properties have risen by 24.7% over the period since October 2022.
- Sold Oct 2022£163,000
- Sold Jun 2019£115,950
Similar Properties Sold Nearby
Over the past 2 years 3 properties similar to 42, Warkworth Way, Morpeth have sold within a radius of 860 metres, per the Land Registry and our network of Estate Agents.
The latest, on the 6th June 2024, was 43, Warkworth Way, Morpeth, NE65 0FZ, a freehold house which sold for £352,000.
Read more about house prices in NE65.
•Nearby is defined as the radius comprising the nearest 2,000 addresses.
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Location Comparison
Of the 45 addresses on Warkworth Way, Amble, Morpeth, NE65, 42, Warkworth Way, Morpeth comes out as the 45th largest and the 43rd most expensive in our analysis of the public data.
It is also £111k less expensive than the average property across the NE65 district.
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Schools Nearby
- 600mKing Edwin Primary School
- 1.1kmAmble Links Primary School
- 2.5kmNCEA Warkworth Church of England Primary School
- 800mJames Calvert Spence College
- 10.9kmThe Duchess's Community High School
- 16.3kmAshington Academy
More reading links
Public Transport Nearby
From 42, Warkworth Way, Morpeth, the nearest station is Acklington, 4.8 kilometres away.
- 4.8kmAcklington
- 8.3kmAlnmouth
- 9.5kmWiddrington
Available Internet Speeds
Internet coverage here is poor, based on recent Ofcom data, and connectivity may be weak or unavailable.
According to recent data from Ofcom, Slow/none broadband is available in the area.
Risk of Flooding
The flood risk here is rated very low, based on Environment Agency data.
