Bay View, Morpeth
Bay View, Morpeth
Description & Estimates
Bay View, Morpeth is recorded publicly as an early-century leasehold apartment across 699 ft2 of internal area.
Locally, apartments of this size normally have 2 bedrooms with a garden.
Our estimate of the sale value of Bay View, Morpeth is £71,903 and its rental estimate is £534 per month, given the available information and assuming reasonable condition.
Main Street, Red Row, Morpeth, NE61 falls within the NE61 postal district.
Our Data Sources
Bay View, Morpeth has 21 entries in the Land Registry , most recently in April 2007 and a single entry in the EPC database dated July 2016.
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 Bay View, Morpeth, we estimate a market value of £75,499 and a rental value of £561 per month when presented in very good decorative order. Should the property require extensive cosmetic improvement, those figures would reduce to £66,870 and £497 per month respectively.
Recent Market Change
Over the last year, Bay View, Morpeth has seen its estimated sale value rise by £1,287 (1.8%) and its estimated rental value move up by £17 per month (3.2%). This results in an estimated gross rental yield of 8.9%.
Energy Efficiency
Bay View, Morpeth has an Energy Performance Rating (EPC) of E. This is based on the most recent assessment, dated 25 Jul 2016.
The property is connected to mains gas and has fully double glazed windows. It is heated using Boiler and radiators, mains gas.
Sold Prices
The most recent sale of Bay View, Morpeth completed on 27th April 2007 at £73,500 and was recorded by HM Land Registry as a leasehold flat.
Since 1995 the property has sold twice.
Values of comparable properties have risen by 79.9% over the period since April 2007.
- Sold Apr 2007£73,500
- Sold Jul 2004£47,500
Similar Properties Sold Nearby
Over the past 2 years 2 properties similar to Bay View, Morpeth have sold within a radius of 3.7 kilometres, per the Land Registry and our network of Estate Agents.
The latest, on the 11th October 2024, was 11A, Market Place, Morpeth, NE61 5AT, a leasehold flat which sold for £69,500.
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
Of the 112 addresses on Main Street, Red Row, Morpeth, NE61, Bay View, Morpeth comes out as the 92nd largest and the 110th most expensive in our analysis of the public data.
It is also £209k less expensive than the average property across the NE61 district.
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Schools Nearby
- 400mRed Row Primary School
- 1.9kmBroomhill Primary School
- 4.6kmKing Edwin Primary School
- 4.4kmJames Calvert Spence College
- 12.4kmAshington Academy
- 13.1kmNCEA Duke's Secondary School
More reading links
Public Transport Nearby
From Bay View, Morpeth, the nearest station is Acklington, 3.6 kilometres away.
- 3.6kmAcklington
- 5.3kmWiddrington
- 11.7kmAlnmouth
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 very low, based on Environment Agency data.
