2A, Chapel Row
2A, Chapel Row
Description & Estimates
Public records show 2A, Chapel Row, Morpeth to be a period leasehold apartment with 548 ft2 of internal area.
In this area, apartments of this size normally have 2 bedrooms.
2A, Chapel Row, Morpeth has an estimated sale value of £47,904 and an estimated rental value of £333 per month, assuming reasonable condition and based on the information available.
The apartment sits within 2, Chapel Row, North Broomhill, Morpeth, NE65.
Chapel Row, North Broomhill, Morpeth, NE65 lies within the NE65 postal district.
Our Data Sources
2A, Chapel Row, Morpeth has a single entry in the Land Registry from September 2011 and a single entry in the EPC database dated November 2019.
We combine this information with that of neighbouring properties to estimate the property attributes and values.
The local information is scored as 2 out of 5 and is considered of medium accuracy.
Price Range & Condition
In very good condition, we estimate 2A, Chapel Row, Morpeth would be worth £50,299, with a potential rental value of £349 per month.
If substantial cosmetic improvements are needed, the estimated sale value falls to £44,551, with a rental value of £309 per month.
The extent to which decoration affects a property's value depends on its type, size and location.
Recent Market Change
The estimated sale value of 2A, Chapel Row, Morpeth has risen by £229 (0.5%) over the last year. During the same period, its estimated monthly rental value has moved up by £6 (1.7%). The property's estimated gross yield is currently 8.3%.
Energy Efficiency
2A, Chapel Row, Morpeth has an Energy Performance Rating (EPC) of C. This is based on the most recent assessment, dated 21 Nov 2019.
The property is connected to mains gas and has fully double glazed windows. It is heated using Boiler and radiators, mains gas.
Sold Prices
2A, Chapel Row, Morpeth last changed hands on 6th September 2011, selling for £35,500. The transaction was logged as a leasehold flat by HM Land Registry.
That is its only recorded sale since 1995.
The market for similar properties has risen by 62.0% since September 2011.
- Sold Sep 2011£35,500
Similar Properties Sold Nearby
Land Registry records and our Estate Agent network show 1 sale of a comparable property within 2.5 kilometres of 2A, Chapel Row, Morpeth across the last 2 years.
Most recently, 2, Chapel Row, Morpeth, NE65 9TU, a leasehold flat, sold at £34,000 on the 31st May 2019.
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
Our analysis of the public data ranks 2A, Chapel Row, Morpeth as the 6th largest and the 6th most expensive of the 7 addresses on Chapel Row, North Broomhill, Morpeth, NE65.
Against the NE65 postcode district average, it is £246k less expensive than the typical property.
More reading links
Schools Nearby
- 300mBroomhill Primary School
- 2.4kmRed Row Primary School
- 2.9kmKing Edwin Primary School
- 2.5kmJames Calvert Spence College
- 11.5kmThe Duchess's Community High School
- 14.5kmAshington Academy
More reading links
Public Transport Nearby
Acklington station is the nearest stop to 2A, Chapel Row, Morpeth at 2.5 kilometres away.
- 2.5kmAcklington
- 7.3kmWiddrington
- 9.6kmAlnmouth
Available Internet Speeds
Ofcom's latest figures show superfast broadband available in this area.
According to recent data from Ofcom, Superfast broadband is available in the area.
Risk of Flooding
Environment Agency data suggests this area has a very low risk of flooding.
