5, Tulip Close
5, Tulip Close
Description & Estimates
5, Tulip Close, Morpeth is described in the public record as a modern house with 968 ft2 of internal area, sitting on a 160 m2 plot.
Locally, houses of this size normally have 3 bedrooms with a garden.
Our estimate of the sale value of 5, Tulip Close, Morpeth is £181,157 and its rental estimate is £1,135 per month, given the available information and assuming reasonable condition.
Tulip Close, Saxon Vale, Ellington, Morpeth, NE61 falls within the NE61 postal district.
Our Data Sources
5, Tulip Close, Morpeth has no records in the the Land Registry and a single entry in the EPC database dated December 2020.
We combine this information with public data 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 5, Tulip Close, Morpeth, we estimate a market value of £190,215 and a rental value of £1,191 per month when presented in very good decorative order. Should the property require extensive cosmetic improvement, those figures would reduce to £168,476 and £1,055 per month respectively.
Recent Market Change
Over the last year, 5, Tulip Close, Morpeth has seen its estimated sale value increase by £6,413 (3.5%) and its estimated rental value grow by £57 per month (5.0%). This results in an estimated gross rental yield of 7.5%.
Plot Size
HM Land Registry records the plot of land for 5, Tulip Close, Morpeth as measuring 160 m2.
That makes it the 5th largest plot in the postcode, where all 6 other houses have recorded plot data.
Energy Efficiency
5, Tulip Close, Morpeth has an Energy Performance Rating (EPC) of B. This is based on the most recent assessment, dated 16 Dec 2020.
The property is not connected to mains gas and has high performance glazing. It is heated using Boiler and radiators, mains gas.
Similar Properties Sold Nearby
Over the past 2 years 3 properties similar to 5, Tulip Close, Morpeth have sold within a radius of 1.5 kilometres, per the Land Registry and our network of Estate Agents.
The latest, on the 18th December 2024, was 2 Dune Court, Lynemouth Road, Morpeth, NE61 5BP, a freehold house which sold for £175,000.
Read more about house prices in NE61.
•Nearby is defined as the radius comprising the nearest 2,000 addresses.
More reading links
Location Comparison
Of the 6 addresses on Tulip Close, Saxon Vale, Ellington, Morpeth, NE61, 5, Tulip Close, Morpeth comes out as the 3rd largest and the 3rd most expensive in our analysis of the public data.
It is also £100k less expensive than the average property across the NE61 district.
More reading links
Schools Nearby
- 200mEllington Primary School
- 1.4kmNCEA William Leech CofE Primary School
- 1.9kmLinton Primary School
- 4.9kmAshington Academy
- 4.9kmNCEA Duke's Secondary School
- 9.1kmBedlington Academy
More reading links
Public Transport Nearby
From 5, Tulip Close, Morpeth, the nearest station is Ashington, 4.2 kilometres away.
- 4.2kmAshington
- 4.4kmWiddrington
- 7.2kmPegswood
Risk of Flooding
The flood risk here is rated very low, based on Environment Agency data.
