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Apartments of this size in this area normally have 2 bedrooms with a garden.
Based on available information, and assuming reasonable condition, the estimated sale value for 33A, Shields Road, Morpeth is £99,385 and the estimated rental value is £719 per month.
Shields Road, Morpeth, NE61 is located within the NE61 postal district.
33A, Shields Road, Morpeth has a single entry in the Land Registry from January 2008 and a single entry in the EPC database dated October 2019.
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.
Decorative condition can have a big effect on a property's value and this effect varies depending on the type, size and location of the property.
If 33A, Shields Road, Morpeth is in very good condition we estimate a sale value of £104,354 and a rental value of £755 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £92,428 and a rental value of £669 per month.
Over the last 12 months the sale value of 33A Shields Road Morpeth has increased by an estimated £2,485 (2.5%) and its rental value has increased by an estimated £24 per month (3.4%), giving an expected gross yield of 8.7%.
33A, Shields Road, Morpeth has an Energy Performance Rating (EPC) of E. This is based on the most recent assessment, dated 31 Oct 2019.
The property is connected to mains gas and has fully double glazed windows. It is heated using Boiler and radiators, mains gas.
According to HM Land Registry, 33A, Shields Road, Morpeth was last sold on 30th January 2008 for £94,000 and was recorded as a leasehold flat.
The property has only had this single sale since 1995.
Since January 2008, the market for similar properties has risen 10.3%
According to the Land Registry and our network of Estate Agents, there have been 3 property sales within a 620 metres radius of 33A, Shields Road, Morpeth over the last 2 years.
The most recent example is 5, Second Avenue, Morpeth, NE61 2ET, a freehold house which sold for £105,000 on the 30th August 2024.
Read more about house prices in NE61.
•Nearby is defined as the radius comprising the nearest 2,000 addresses.
Shields Road, Morpeth, NE61 has a total of 64 addresses. According to our analysis of all the public data, 33A, Shields Road, Morpeth is the 58th largest and the 63rd most expensive property on the street.
When compared to the postcode district it is £179k less expensive than the average property in NE61.
The closest station to 33A, Shields Road, Morpeth is Morpeth station which is 400 metres away.
According to recent data from Ofcom, superfast broadband is available in this area.
According to recent data from Ofcom, Superfast broadband is available in the area.
According to data from the Environment Agency, the flood risk in this area is considered to be very low.
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The recent census recorded whether a resident owned or rented their home.
In the area around 33A, Shields Road, Morpeth, 30.5% of property is privately owned outright and 26.3% 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 33A, Shields Road, Morpeth, 17.1% of residents are recorded as possessing school level qualifications and 36.6% 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 33A, Shields Road, Morpeth, the average age was 47.5 and the most common age was 72.
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 33A, Shields Road, 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 33A, Shields Road, Morpeth, there are an average of 1.0 cars per household.
See below for how this compares to North East and the rest of England & Wales.