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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
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The public record describes 9, Tranwell Close, Morpeth as a mid-century house with 699 ft2 of internal area.
In this area, houses of this size normally have 3 bedrooms with a garden.
9, Tranwell Close, Morpeth has an estimated sale value of £162,919 and an estimated rental value of £1,168 per month, assuming reasonable condition and based on the information available.
Tranwell Close, Pegswood, Morpeth, NE61 lies within the NE61 postal district.
9, Tranwell Close, Morpeth has no records in the the Land Registry and a single entry in the EPC database dated November 2018.
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.
In very good condition, we estimate 9, Tranwell Close, Morpeth would be worth £171,065, with a potential rental value of £1,227 per month.
If substantial cosmetic improvements are needed, the estimated sale value falls to £151,515, with a rental value of £1,087 per month.
The extent to which decoration affects a property's value depends on its type, size and location.
The estimated sale value of 9, Tranwell Close, Morpeth has grown by £5,767 (3.5%) over the last year. During the same period, its estimated monthly rental value has climbed by £59 (5.0%). The property's estimated gross yield is currently 8.6%.
9, Tranwell Close, Morpeth has an Energy Performance Rating (EPC) of D. This is based on the most recent assessment, dated 09 Nov 2018.
The property is connected to mains gas and has fully double glazed windows. It is heated using Boiler and radiators, mains gas.
Land Registry records and our Estate Agent network show 3 sales of comparable properties within 1.9 kilometres of 9, Tranwell Close, Morpeth across the last 2 years.
Most recently, 26, Stanton Drive, Morpeth, NE61 6YW, a freehold house, sold at £145,000 on the 14th April 2023.
Read more about house prices in NE61.
•Nearby is defined as the radius comprising the nearest 2,000 addresses.
Our analysis of the public data ranks 9, Tranwell Close, Morpeth as the 7th largest and the 8th most expensive of the 14 addresses on Tranwell Close, Pegswood, Morpeth, NE61.
Against the NE61 postcode district average, it is £118k less expensive than the typical property.
Pegswood station is the nearest stop to 9, Tranwell Close, Morpeth at 600 metres away.
Ofcom's latest figures show superfast broadband available in this area.
According to recent data from Ofcom, Superfast broadband is available in the area.
Environment Agency data suggests this area has a very low risk of flooding.
The recent census recorded whether a resident owned or rented their home.
In the area around 9, 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 9, 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 9, 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 9, 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 9, 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.
