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Apartment 6, Coble Quay, Morpeth is recorded publicly as a modern leasehold apartment across 936 ft2 of internal area.
Locally, apartments of this size normally have 3 bedrooms with a balcony.
Our estimate of the sale value of Apartment 6, Coble Quay, Morpeth is £389,874 and its rental estimate is £1,870 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.
Apartment 6, Coble Quay, Morpeth has a single entry in the Land Registry from March 2016 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.
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 6, Coble Quay, Morpeth, we estimate a market value of £409,368 and a rental value of £1,964 per month when presented in very good decorative order. Should the property require extensive cosmetic improvement, those figures would reduce to £362,583 and £1,739 per month respectively.
Over the last year, Apartment 6, Coble Quay, Morpeth has seen its estimated sale value climb by £10,651 (2.7%) and its estimated rental value rise by £75 per month (4.0%). This results in an estimated gross rental yield of 5.8%.
Apartment 6, Coble Quay, Morpeth has an Energy Performance Rating (EPC) of B. 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.
The most recent sale of Apartment 6, Coble Quay, Morpeth completed on 24th March 2016 at £263,000 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 32.8% over the period since March 2016.
Over the past 2 years 3 properties similar to Apartment 6, 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.
Of the 50 addresses on Amble, Morpeth, NE65, Apartment 6, Coble Quay, Morpeth comes out as the 37th largest and the 25th most expensive in our analysis of the public data.
It is also £96k more expensive than the average property across the NE65 district.
From Apartment 6, Coble Quay, Morpeth, the nearest station is Acklington, 5.4 kilometres away.
Broadband here reaches superfast speeds, based on recent Ofcom data.
According to recent data from Ofcom, Superfast broadband is available in the area.
The flood risk here is rated high, based on Environment Agency data.
The recent census recorded whether a resident owned or rented their home.
In the area around Apartment 6, 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 6, 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 6, 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 6, 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 6, 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.
