Apartment 11, Coble Quay
Apartment 11, Coble Quay
Description & Estimates
Apartment 11, Coble Quay, Morpeth is recorded publicly as a modern leasehold apartment across 1,001 ft2 of internal area.
Locally, apartments of this size normally have 3 bedrooms with a balcony.
Our estimate of the sale value of Apartment 11, Coble Quay, Morpeth is £404,746 and its rental estimate is £1,863 per month, given the available information and assuming reasonable condition.
Coble Quay, Amble is a residential building on Amble, Morpeth, NE65 and falls within the NE65 postal district.
Our Data Sources
Apartment 11, Coble Quay, Morpeth has a single entry in the Land Registry from May 2017 and a single entry in the EPC database dated December 2023.
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
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 Apartment 11, Coble Quay, Morpeth, we estimate a market value of £424,983 and a rental value of £1,957 per month when presented in very good decorative order. Should the property require extensive cosmetic improvement, those figures would reduce to £376,414 and £1,733 per month respectively.
Recent Market Change
Over the last year, Apartment 11, Coble Quay, Morpeth has seen its estimated sale value increase by £11,058 (2.7%) and its estimated rental value grow by £75 per month (4.0%). This results in an estimated gross rental yield of 5.5%.
Energy Efficiency
Apartment 11, Coble Quay, Morpeth has an Energy Performance Rating (EPC) of C. This is based on the most recent assessment, dated 11 Dec 2023.
The property is not connected to mains gas and has high performance glazing. It is heated using Boiler and underfloor heating, mains gas.
Sold Prices
The most recent sale of Apartment 11, Coble Quay, Morpeth completed on 12th May 2017 at £275,000 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 24.3% over the period since May 2017.
- Sold May 2017£275,000
Similar Properties Sold Nearby
Over the past 2 years 3 properties similar to Apartment 11, Coble Quay, Morpeth have sold within a radius of 790 metres, per the Land Registry and our network of Estate Agents.
The latest, on the 13th February 2024, was Apartment 10, Coble Quay, Morpeth, NE65 0FB, a leasehold flat which sold for £490,000.
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 50 addresses on Amble, Morpeth, NE65, Apartment 11, Coble Quay, Morpeth comes out as the 32nd largest and the 21st most expensive in our analysis of the public data.
It is also £111k more expensive than the average property across the NE65 district.
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Schools Nearby
- 700mAmble Links Primary School
- 800mKing Edwin Primary School
- 1.9kmNCEA Warkworth Church of England Primary School
- 1.2kmJames Calvert Spence College
- 10.0kmThe Duchess's Community High School
- 17.6kmAshington Academy
More reading links
Public Transport Nearby
From Apartment 11, Coble Quay, Morpeth, the nearest station is Acklington, 5.4 kilometres away.
- 5.4kmAcklington
- 7.1kmAlnmouth
- 10.7kmWiddrington
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 high, based on Environment Agency data.
