Stay up to date
Stay up to date
Bricks&Logic is a trading name of Urban Markets Ltd
Company No. 11113204
  | Â
VAT No. GB 287 0845 68
Registered Address: 2 Leman St, London E1 8FA
Connect me with
an Estate Agent
Our partner Agents appear here!
Book a demo
Find an Estate
Agent
According to the public record, 5 Farm Court, Morpeth is a modern Leasehold apartment with 1,575 ft2 of internal area.
Apartments of this size in this area normally have 3 bedrooms.
Based on available information, and assuming reasonable condition, the estimated sale value for 5 Farm Court, Morpeth is £297,980 and the estimated rental value is £1,449 per month.
Druridge Bay, Morpeth, NE61 is located within the NE61 postal district.
5 Farm Court, Morpeth has 21 entries in the Land Registry , most recently in June 2021 and a single entry in the EPC database dated September 2018.
We combine this information with that of neighbouring properties to estimate the property attributes and values.
The local information is scored as 1 out of 5 and is considered of low accuracy.
Decorative condition can have a big effect on a property's value and this effect varies depending on the type, size and location of the property.
If 5 Farm Court, Morpeth is in very good condition we estimate a sale value of £312,879 and a rental value of £1,521 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £277,121 and a rental value of £1,347 per month.
Over the last 12 months the sale value of 5 Farm Court Morpeth has increased by an estimated £3,771 (1.3%) and its rental value has increased by an estimated £43 per month (3.0%), giving an expected gross yield of 5.8%.
5 Farm Court, Morpeth has an Energy Performance Rating (EPC) of D. This is based on the most recent assessment, dated 12 Sep 2018.
The property is not connected to mains gas and has fully double glazed windows. It is heated using Boiler and radiators, oil.
According to HM Land Registry, 5 Farm Court, Morpeth was last sold on 17th June 2021 for £360,000 and was recorded as a leasehold flat.
The property has had 2 sales since 1995.
Since June 2021, the market for similar properties has risen 29.6%
According to the Land Registry and our network of Estate Agents, there have been 3 property sales within a 3.8 kilometres radius of 5 Farm Court, Morpeth over the last 2 years.
The most recent example is 8 Farm Court, Morpeth, NE61 5EG, a leasehold flat which sold for £240,000 on the 15th September 2021.
Read more about house prices in NE61.
•Nearby is defined as the radius comprising the nearest 2,000 addresses.
Druridge Bay, Morpeth, NE61 has a total of 13 addresses. According to our analysis of all the public data, 5 Farm Court, Morpeth is the 5th largest and the 5th most expensive property on the street.
When compared to the postcode district it is £17k more expensive than the average property in NE61.
The closest station to 5 Farm Court, Morpeth is Widdrington station which is 3.4 kilometres away.
According to recent data from Ofcom, there is poor internet coverage in this area which may result in poor or no internet connectivity.
According to recent data from Ofcom, Slow/none broadband is available in the area.
According to data from the Environment Agency, the flood risk in this area is considered to be very low.
The recent census recorded whether a resident owned or rented their home.
In the area around 5 Farm Court, Morpeth, 48.1% of property is privately owned outright and 24.1% is privately owned with a mortgage.
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 Farm Court, Morpeth, 13.7% of residents are recorded as possessing school level qualifications and 34.0% as possessing degree level qualifications.
The graph below shows how this compares to North East and the rest of England & Wales.
The most recent census in 2021 recorded the age of all UK residents.
In the area around 5 Farm Court, Morpeth, the average age was 45 and the most common age was 62.
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 Farm Court, 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 Farm Court, Morpeth, there are an average of 1.6 cars per household.
See below for how this compares to North East and the rest of England & Wales.
