5, Mart Field
5, Mart Field
Description & Estimates
Public records show 5, Mart Field, Morpeth to be a modern leasehold apartment with 957 ft2 of internal area.
In this area, apartments of this size normally have 3 bedrooms.
5, Mart Field, Morpeth has an estimated sale value of £144,863 and an estimated rental value of £766 per month, assuming reasonable condition and based on the information available.
Mart Field, Rothbury, Morpeth, NE65 lies within the NE65 postal district.
Our Data Sources
5, Mart Field, Morpeth has 3 entries in the Land Registry , most recently in July 2014 and a single entry in the EPC database dated September 2019.
We combine this information with that of neighbouring properties to estimate the property attributes and values.
The local information is scored as 3 out of 5 and is considered of medium accuracy.
Price Range & Condition
In very good condition, we estimate 5, Mart Field, Morpeth would be worth £152,106, with a potential rental value of £805 per month.
If substantial cosmetic improvements are needed, the estimated sale value falls to £134,722, with a rental value of £713 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 5, Mart Field, Morpeth has moved up by £2,107 (1.5%) over the last year. During the same period, its estimated monthly rental value has increased by £19 (2.5%). The property's estimated gross yield is currently 6.3%.
Energy Efficiency
5, Mart Field, Morpeth has an Energy Performance Rating (EPC) of C. This is based on the most recent assessment, dated 13 Sep 2019.
The property is connected to mains gas and has fully double glazed windows. It is heated using Boiler and radiators, mains gas.
Sold Prices
5, Mart Field, Morpeth last changed hands on 25th July 2014, selling for £105,000. The transaction was logged as a leasehold flat by HM Land Registry.
In total it has sold 3 times since 1995.
The market for similar properties has risen by 67.5% since July 2014.
- Sold Jul 2014£105,000
- Sold Mar 2012£98,000
- Sold Jul 2009£115,000
Similar Properties Sold Nearby
Land Registry records and our Estate Agent network show 3 sales of comparable properties within 6.5 kilometres of 5, Mart Field, Morpeth across the last 2 years.
Most recently, 8, Mart Field, Morpeth, NE65 7NR, a leasehold flat, sold at £115,000 on the 6th September 2022.
Read more about house prices in NE65.
•Nearby is defined as the radius comprising the nearest 2,000 addresses.
More reading links
Location Comparison
Our analysis of the public data ranks 5, Mart Field, Morpeth as the 16th largest and the 16th most expensive of the 19 addresses on Mart Field, Rothbury, Morpeth, NE65.
Against the NE65 postcode district average, it is £149k less expensive than the typical property.
More reading links
Schools Nearby
- 500mRothbury First School
- 3.1kmThropton Village First School
- 10.4kmWhittingham Church of England Primary School
- 16.5kmThe Duchess's Community High School
- 19.7kmJames Calvert Spence College
- 20.0kmThe King Edward VI School
More reading links
Public Transport Nearby
Acklington station is the nearest stop to 5, Mart Field, Morpeth at 16.0 kilometres away.
- 16.0kmAcklington
- 19.4kmAlnmouth
- 19.7kmWiddrington
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 very low risk of flooding.
