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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
6, Tranwell Close, Morpeth is described in the public record as a mid-century house with 624 ft2 of internal area.
Locally, houses of this size normally have 3 bedrooms with a garden.
Our estimate of the sale value of 6, Tranwell Close, Morpeth is £153,907 and its rental estimate is £1,118 per month, given the available information and assuming reasonable condition.
Tranwell Close, Pegswood, Morpeth, NE61 falls within the NE61 postal district.
6, Tranwell Close, Morpeth has no records in the the Land Registry and a single entry in the EPC database dated April 2019.
We combine this information with public data 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.
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 6, Tranwell Close, Morpeth, we estimate a market value of £161,602 and a rental value of £1,174 per month when presented in very good decorative order. Should the property require extensive cosmetic improvement, those figures would reduce to £143,133 and £1,040 per month respectively.
Over the last year, 6, Tranwell Close, Morpeth has seen its estimated sale value rise by £5,448 (3.5%) and its estimated rental value move up by £56 per month (5.0%). This results in an estimated gross rental yield of 8.7%.
6, Tranwell Close, Morpeth has an Energy Performance Rating (EPC) of C. This is based on the most recent assessment, dated 11 Apr 2019.
The property is connected to mains gas and has fully double glazed windows. It is heated using Boiler and radiators, mains gas.
Over the past 2 years 3 properties similar to 6, Tranwell Close, Morpeth have sold within a radius of 1.9 kilometres, per the Land Registry and our network of Estate Agents.
The latest, on the 25th November 2024, was 12, Cheviot Grove, Morpeth, NE61 6YJ, a freehold house which sold for £135,000.
Read more about house prices in NE61.
•Nearby is defined as the radius comprising the nearest 2,000 addresses.
Of the 14 addresses on Tranwell Close, Pegswood, Morpeth, NE61, 6, Tranwell Close, Morpeth comes out as the 14th largest and the 14th most expensive in our analysis of the public data.
It is also £127k less expensive than the average property across the NE61 district.
From 6, Tranwell Close, Morpeth, the nearest station is Pegswood, 600 metres away.
Broadband here reaches superfast speeds, based on recent Ofcom data.
According to recent data from Ofcom, Superfast broadband is available in the area.
The flood risk here is rated very low, based on Environment Agency data.
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The recent census recorded whether a resident owned or rented their home.
In the area around 6, Tranwell Close, Morpeth, 50.0% of property is socially rented and 19.7% is privately owned outright.
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 6, Tranwell Close, Morpeth, 15.6% of residents are recorded as possessing school level qualifications and 14.0% 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 6, Tranwell Close, Morpeth, the average age was 45.1 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 6, Tranwell Close, 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 6, Tranwell Close, Morpeth, there are an average of 0.8 cars per household.
See below for how this compares to North East and the rest of England & Wales.
