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Public records show Apartment 23, Coble Quay, Morpeth to be a modern leasehold apartment with 1,485 ft2 of internal area.
In this area, apartments of this size normally have 3 bedrooms with a balcony.
Apartment 23, Coble Quay, Morpeth has an estimated sale value of £505,023 and an estimated rental value of £2,311 per month, assuming reasonable condition and based on the information available.
The apartment sits within Coble Quay, Amble, Morpeth, NE65.
Amble, Morpeth, NE65 lies within the NE65 postal district.
Apartment 23, Coble Quay, Morpeth has a single entry in the Land Registry from November 2018 and a single entry in the EPC database dated April 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.
In very good condition, we estimate Apartment 23, Coble Quay, Morpeth would be worth £530,274, with a potential rental value of £2,426 per month.
If substantial cosmetic improvements are needed, the estimated sale value falls to £469,671, with a rental value of £2,149 per month.
The extent to which decoration affects a property's value depends on its type, size and location.
The estimated sale value of Apartment 23, Coble Quay, Morpeth has moved up by £13,797 (2.7%) over the last year. During the same period, its estimated monthly rental value has increased by £93 (4.0%). The property's estimated gross yield is currently 5.5%.
Apartment 23, Coble Quay, Morpeth has an Energy Performance Rating (EPC) of B. This is based on the most recent assessment, dated 12 Apr 2019.
The property is not connected to mains gas and has high performance glazing. It is heated using Boiler and underfloor heating, mains gas.
Apartment 23, Coble Quay, Morpeth last changed hands on 13th November 2018, selling for £390,000. 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 28.1% since November 2018.
Land Registry records and our Estate Agent network show 3 sales of comparable properties within 790 metres of Apartment 23, Coble Quay, Morpeth across the last 2 years.
Most recently, Apartment 18, Coble Quay, Morpeth, NE65 0FB, a leasehold flat, sold at £405,000 on the 18th November 2020.
Read more about house prices in NE65.
•Nearby is defined as the radius comprising the nearest 2,000 addresses.
Our analysis of the public data ranks Apartment 23, Coble Quay, Morpeth as the 18th largest and the 10th most expensive of the 50 addresses on Amble, Morpeth, NE65.
Against the NE65 postcode district average, it is £211k more expensive than the typical property.
Acklington station is the nearest stop to Apartment 23, Coble Quay, Morpeth at 5.4 kilometres 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 high risk of flooding.
The recent census recorded whether a resident owned or rented their home.
In the area around Apartment 23, Coble Quay, Morpeth, 38.5% of property is privately owned outright and 27.9% is privately rented.
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 Apartment 23, Coble Quay, Morpeth, 6.8% of residents are recorded as possessing school level qualifications and 27.5% 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 Apartment 23, Coble Quay, Morpeth, the average age was 48 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 Apartment 23, Coble Quay, Morpeth, 0.9% 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 Apartment 23, Coble Quay, Morpeth, there are an average of 1.1 cars per household.
See below for how this compares to North East and the rest of England & Wales.
