54, The Gables
54, The Gables
Description & Estimates
54, The Gables, Morpeth is recorded publicly as a mid-century freehold house across 796 ft2 of internal area, sitting on a 310 m2 plot.
Locally, houses of this size normally have 3 bedrooms with a garden.
Our estimate of the sale value of 54, The Gables, Morpeth is £181,268 and its rental estimate is £1,213 per month, given the available information and assuming reasonable condition.
The Gables, Widdrington, Morpeth, NE61 falls within the NE61 postal district.
Our Data Sources
54, The Gables, Morpeth has 2 entries in the Land Registry , most recently in December 2024 and a single entry in the EPC database dated August 2024.
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 54, The Gables, Morpeth, we estimate a market value of £190,331 and a rental value of £1,273 per month when presented in very good decorative order. Should the property require extensive cosmetic improvement, those figures would reduce to £168,579 and £1,128 per month respectively.
Recent Market Change
Over the last year, 54, The Gables, Morpeth has seen its estimated sale value move up by £6,417 (3.5%) and its estimated rental value increase by £61 per month (5.0%). This results in an estimated gross rental yield of 8.0%.
Plot Size
HM Land Registry records the plot of land for 54, The Gables, Morpeth as measuring 310 m2.
That makes it the 18th largest plot in the postcode, where 22 of the 26 other houses have recorded plot data.
Energy Efficiency
54, The Gables, Morpeth has an Energy Performance Rating (EPC) of C. This is based on the most recent assessment, dated 17 Aug 2024.
The property is 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 54, The Gables, Morpeth completed on 6th December 2024 at £180,000 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 12.0% over the period since December 2024.
- Sold Dec 2024£180,000
- Sold Aug 2021£126,000
Similar Properties Sold Nearby
Over the past 2 years 3 properties similar to 54, The Gables, Morpeth have sold within a radius of 3.4 kilometres, per the Land Registry and our network of Estate Agents.
The latest, on the 17th July 2024, was 23, Ferneybeds Estate, Morpeth, NE61 5RD, a freehold house which sold for £168,000.
Read more about house prices in NE61.
•Nearby is defined as the radius comprising the nearest 2,000 addresses.
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Location Comparison
Of the 120 addresses on The Gables, Widdrington, Morpeth, NE61, 54, The Gables, Morpeth comes out as the 89th largest and the 42nd most expensive in our analysis of the public data.
It is also £100k less expensive than the average property across the NE61 district.
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Schools Nearby
- 400mGrange View Church of England Voluntary Controlled Primary School
- 3.1kmLinton Primary School
- 3.9kmEllington Primary School
- 7.2kmAshington Academy
- 8.2kmNCEA Duke's Secondary School
- 8.8kmThe King Edward VI School
More reading links
Public Transport Nearby
From 54, The Gables, Morpeth, the nearest station is Widdrington, 300 metres away.
- 300mWiddrington
- 6.7kmAshington
- 7.1kmPegswood
Available Internet Speeds
Broadband here reaches superfast speeds, based on recent Ofcom data.
According to recent data from Ofcom, Superfast broadband is available in the area.
Risk of Flooding
The flood risk here is rated very low, based on Environment Agency data.
