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Bricks&Logic is a trading name of Urban Markets Ltd
Company No. 11113204
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VAT No. GB 287 0845 68
Registered Address: 2 Leman St, London E1 8FA
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5, Coalburn Terrace, Morpeth appears in the public record as a freehold house sitting on a 628 m2 plot.
By comparing it to nearby properties, we estimate it to be a period house with 1,113 ft2 of internal area and a garden.
Locally, houses of this size normally have 3 bedrooms.
Our estimate of the sale value of 5, Coalburn Terrace, Morpeth is £224,788 and its rental estimate is £1,317 per month, given the available information and assuming reasonable condition.
Coalburn Terrace, Hepscott, Morpeth, NE61 falls within the NE61 postal district.
5, Coalburn Terrace, Morpeth has 21 entries in the Land Registry , most recently in February 2013 and no records in the EPC database.
We combine this sold price information with public data of neighbouring properties to estimate the attributes and values.
The local information is scored as 3 out of 5 and is considered of medium accuracy.
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 5, Coalburn Terrace, Morpeth, we estimate a market value of £236,028 and a rental value of £1,383 per month when presented in very good decorative order. Should the property require extensive cosmetic improvement, those figures would reduce to £209,053 and £1,225 per month respectively.
Over the last year, 5, Coalburn Terrace, Morpeth has seen its estimated sale value move up by £7,958 (3.5%) and its estimated rental value increase by £66 per month (5.0%). This results in an estimated gross rental yield of 7.0%.
HM Land Registry records the plot of land for 5, Coalburn Terrace, Morpeth as measuring 628 m2.
That makes it the largest plot in the postcode, where all 6 other houses have recorded plot data.
The most recent sale of 5, Coalburn Terrace, Morpeth completed on 5th February 2013 at £140,000 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 29.3% over the period since February 2013.
Over the past 2 years 3 properties similar to 5, Coalburn Terrace, Morpeth have sold within a radius of 1.8 kilometres, per the Land Registry and our network of Estate Agents.
The latest, on the 6th December 2024, was 21, Turner Square, Morpeth, NE61 2JA, a leasehold house which sold for £205,000.
Read more about house prices in NE61.
•Nearby is defined as the radius comprising the nearest 2,000 addresses.
Of the 6 addresses on Coalburn Terrace, Hepscott, Morpeth, NE61, 5, Coalburn Terrace, Morpeth comes out as the 2nd largest and the 2nd most expensive in our analysis of the public data.
It is also £56k less expensive than the average property across the NE61 district.
From 5, Coalburn Terrace, Morpeth, the nearest station is Morpeth, 2.1 kilometres away.
The flood risk here is rated very low, based on Environment Agency data.
The recent census recorded whether a resident owned or rented their home.
In the area around 5, Coalburn Terrace, Morpeth, % of property is and % is .
The graph below shows how this compares to North East and the rest of England & Wales.
The recent census recorded the highest level of education achieved by residents in the local area.
In the area around 5, Coalburn Terrace, Morpeth, 0.0% of residents are recorded as possessing school level qualifications and 0.0% as possessing degree level qualifications.
The graph below shows how this compares to North East and the rest of England & Wales.
The recent census recorded whether a property was a primary or secondary home for the resident.
In the area around 5, Coalburn Terrace, Morpeth, 0.0% of property was a second home.
Comparison figures for North East and the rest of England & Wales are listed below.
The recent census recorded the number of cars registered in each household.
In the area around 5, Coalburn Terrace, Morpeth, there are an average of 0.0 cars per household.
See below for how this compares to North East and the rest of England & Wales.
