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In this area, houses of this size normally have 3 bedrooms with a garden.
136A, Newgate Street, Morpeth has an estimated sale value of £244,433 and an estimated rental value of £1,430 per month, assuming reasonable condition and based on the information available.
Newgate Street, Morpeth, NE61 lies within the NE61 postal district.
136A, Newgate Street, Morpeth has a single entry in the Land Registry from December 2022 and a single entry in the EPC database dated August 2022.
We combine this information with that 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 136A, Newgate Street, Morpeth would be worth £256,654, with a potential rental value of £1,502 per month.
If substantial cosmetic improvements are needed, the estimated sale value falls to £227,323, with a rental value of £1,330 per month.
The extent to which decoration affects a property's value depends on its type, size and location.
The estimated sale value of 136A, Newgate Street, Morpeth has grown by £8,653 (3.5%) over the last year. During the same period, its estimated monthly rental value has climbed by £72 (5.0%). The property's estimated gross yield is currently 7.0%.
136A, Newgate Street, Morpeth occupies a 100 m2 plot as recorded by HM Land Registry.
All 5 other houses in this postcode have recorded plot sizes, and this one ranks as the 5th largest.
136A, Newgate Street, Morpeth has an Energy Performance Rating (EPC) of E. This is based on the most recent assessment, dated 22 Aug 2022.
The property is connected to mains gas and has mostly double glazing. It is heated using Boiler and radiators, mains gas.
136A, Newgate Street, Morpeth last changed hands on 19th December 2022, selling for £210,000. The transaction was logged as a freehold house by HM Land Registry.
That is its only recorded sale since 1995.
The market for similar properties has dropped by 21.9% since December 2022.
Land Registry records and our Estate Agent network show 3 sales of comparable properties within 770 metres of 136A, Newgate Street, Morpeth across the last 2 years.
Most recently, 18, Bullers Green, Morpeth, NE61 1DF, a freehold house, sold at £194,950 on the 15th August 2022.
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 136A, Newgate Street, Morpeth as the 64th largest and the 47th most expensive of the 121 addresses on Newgate Street, Morpeth, NE61.
Against the NE61 postcode district average, it is £36k less expensive than the typical property.
Morpeth station is the nearest stop to 136A, Newgate Street, Morpeth at 1.3 kilometres away.
Environment Agency data suggests this area has a very low risk of flooding.
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The recent census recorded whether a resident owned or rented their home.
In the area around 136A, Newgate Street, Morpeth, 51.7% of property is privately owned outright and 31.9% is privately owned with a mortgage.
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 136A, Newgate Street, Morpeth, 17.7% of residents are recorded as possessing school level qualifications and 61.0% 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 136A, Newgate Street, 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 136A, Newgate Street, Morpeth, 1.7% 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 136A, Newgate Street, Morpeth, there are an average of 1.5 cars per household.
See below for how this compares to North East and the rest of England & Wales.