56B, Station Road
56B, Station Road
Description & Estimates
Public records show 56B, Station Road, Morpeth to be a modern freehold house with 2,281 ft2 of internal area, sitting on a 610 m2 plot.
In this area, houses of this size normally have 5 bedrooms with a garden.
56B, Station Road, Morpeth has an estimated sale value of £477,012 and an estimated rental value of £2,091 per month, assuming reasonable condition and based on the information available.
Station Road, Stannington, Morpeth, NE61 lies within the NE61 postal district.
Our Data Sources
56B, Station Road, Morpeth has a single entry in the Land Registry from March 2022 and a single entry in the EPC database dated August 2021.
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.
Price Range & Condition
In very good condition, we estimate 56B, Station Road, Morpeth would be worth £500,862, with a potential rental value of £2,195 per month.
If substantial cosmetic improvements are needed, the estimated sale value falls to £443,621, with a rental value of £1,945 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 56B, Station Road, Morpeth has moved up by £1,275 (0.3%) over the last year. During the same period, its estimated monthly rental value has increased by £34 (1.6%). The property's estimated gross yield is currently 5.3%.
Plot Size
56B, Station Road, Morpeth occupies a 610 m2 plot as recorded by HM Land Registry.
Of the 21 other houses in this postcode, 19 have recorded plot sizes, and this one ranks as the 17th largest.
Energy Efficiency
56B, Station Road, Morpeth has an Energy Performance Rating (EPC) of B. This is based on the most recent assessment, dated 27 Aug 2021.
The property is not connected to mains gas and has high performance glazing. It is heated using Boiler and radiators, mains gas.
Sold Prices
56B, Station Road, Morpeth last changed hands on 24th March 2022, selling for £430,000. The transaction was logged as a freehold house by HM Land Registry.
That is its only recorded sale since 1995.
The market for similar properties has dropped by 7.5% since March 2022.
- Sold Mar 2022£430,000
Similar Properties Sold Nearby
Land Registry records and our Estate Agent network show 3 sales of comparable properties within 3.0 kilometres of 56B, Station Road, Morpeth across the last 2 years.
Most recently, 56A, Station Road, Morpeth, NE61 6NH, a freehold house, sold at £430,000 on the 29th September 2021.
Read more about house prices in NE61.
•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 56B, Station Road, Morpeth as the 10th largest and the 13th most expensive of the 81 addresses on Station Road, Stannington, Morpeth, NE61.
Against the NE61 postcode district average, it is £196k more expensive than the typical property.
More reading links
Schools Nearby
- 2.3kmStannington First School
- 3.2kmMeadowdale Academy
- 3.4kmSt Bede's Catholic Primary School
- 3.4kmSt Benet Biscop Catholic Academy
- 5.6kmThe King Edward VI School
- 6.1kmBedlington Academy
More reading links
Public Transport Nearby
Morpeth station is the nearest stop to 56B, Station Road, Morpeth at 4.1 kilometres away.
- 4.1kmMorpeth
- 5.5kmPegswood
- 5.8kmBedlington
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.
