7, Mart Field
7, Mart Field
Description & Estimates
7, Mart Field, Morpeth is recorded publicly as a period leasehold apartment across 1,234 ft2 of internal area.
Locally, apartments of this size normally have 3 bedrooms with a garden.
Our estimate of the sale value of 7, Mart Field, Morpeth is £161,600 and its rental estimate is £826 per month, given the available information and assuming reasonable condition.
Mart Field, Rothbury, Morpeth, NE65 falls within the NE65 postal district.
Our Data Sources
7, Mart Field, Morpeth has a single entry in the Land Registry from February 2009 and a single entry in the EPC database dated August 2008.
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
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 7, Mart Field, Morpeth, we estimate a market value of £169,680 and a rental value of £868 per month when presented in very good decorative order. Should the property require extensive cosmetic improvement, those figures would reduce to £150,288 and £769 per month respectively.
Recent Market Change
Over the last year, 7, Mart Field, Morpeth has seen its estimated sale value rise by £3,570 (2.2%) and its estimated rental value move up by £28 per month (3.4%). This results in an estimated gross rental yield of 6.1%.
Energy Efficiency
7, Mart Field, Morpeth has an Energy Performance Rating (EPC) of B. This is based on the most recent assessment, dated 04 Aug 2008.
The property is not 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 7, Mart Field, Morpeth completed on 19th February 2009 at £215,000 and was recorded by HM Land Registry as a leasehold flat.
Since 1995 this is the property's only sale.
Values of comparable properties have risen by 34.4% over the period since February 2009.
- Sold Feb 2009£215,000
Similar Properties Sold Nearby
Over the past 2 years 1 property similar to 7, Mart Field, Morpeth has sold within a radius of 6.5 kilometres, per the Land Registry and our network of Estate Agents.
The latest, on the 30th November 2011, was 2, Mart Field, Morpeth, NE65 7NR, a leasehold flat which sold for £140,000.
Read more about house prices in NE65.
•Nearby is defined as the radius comprising the nearest 2,000 addresses.
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Location Comparison
Of the 19 addresses on Mart Field, Rothbury, Morpeth, NE65, 7, Mart Field, Morpeth comes out as the 12th largest and the 13th most expensive in our analysis of the public data.
It is also £132k less expensive than the average property across the NE65 district.
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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
From 7, Mart Field, Morpeth, the nearest station is Acklington, 16.0 kilometres away.
- 16.0kmAcklington
- 19.4kmAlnmouth
- 19.7kmWiddrington
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.
