The Bungalow, Saltwick
The Bungalow, Saltwick
Description & Estimates
Public records show The Bungalow, Saltwick, Morpeth to be a period freehold house with 1,732 ft2 of internal area, sitting on a 1,768 m2 plot.
In this area, houses of this size normally have 4 bedrooms with a garden.
The Bungalow, Saltwick, Morpeth has an estimated sale value of £736,368 and an estimated rental value of £2,384 per month, assuming reasonable condition and based on the information available.
Stannington, Morpeth, NE61 lies within the NE61 postal district.
Our Data Sources
The Bungalow, Saltwick, Morpeth has 3 entries in the Land Registry , most recently in June 2023 and a single entry in the EPC database dated December 2021.
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
In very good condition, we estimate The Bungalow, Saltwick, Morpeth would be worth £773,186, with a potential rental value of £2,503 per month.
If substantial cosmetic improvements are needed, the estimated sale value falls to £684,822, with a rental value of £2,217 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 The Bungalow, Saltwick, Morpeth has increased by £8,076 (1.1%) over the last year. During the same period, its estimated monthly rental value has grown by £57 (2.4%). The property's estimated gross yield is currently 3.9%.
Plot Size
The Bungalow, Saltwick, Morpeth occupies a 1,768 m2 plot as recorded by HM Land Registry.
Of the 6 other houses in this postcode, 4 have recorded plot sizes, and this one ranks as the 3rd largest.
Energy Efficiency
The Bungalow, Saltwick, Morpeth has an Energy Performance Rating (EPC) of D. This is based on the most recent assessment, dated 07 Dec 2021.
The property is not connected to mains gas and has fully double glazed windows. It is heated using Boiler and radiators, oil.
Sold Prices
The Bungalow, Saltwick, Morpeth last changed hands on 27th June 2023, selling for £765,000. The transaction was logged as a freehold house by HM Land Registry.
In total it has sold 3 times since 1995.
The market for similar properties has dropped by 14.6% since June 2023.
- Sold Jun 2023£765,000
- Sold Mar 2022£604,000
- Sold Jul 2008£465,000
Similar Properties Sold Nearby
Land Registry records and our Estate Agent network show 3 sales of comparable properties within 5.3 kilometres of The Bungalow, Saltwick, Morpeth across the last 2 years.
Most recently, The Old Byre, West Duddo, Morpeth, NE61 6BD, a freehold house, sold at £500,500 on the 21st December 2022.
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 The Bungalow, Saltwick, Morpeth as the 47th largest and the 7th most expensive of the 110 addresses on Stannington, Morpeth, NE61.
Against the NE61 postcode district average, it is £456k more expensive than the typical property.
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Schools Nearby
- 3.7kmStannington First School
- 4.4kmWhalton Church of England Aided Primary School
- 5.4kmMorpeth First School
- 7.2kmThe King Edward VI School
- 7.9kmPonteland High School
- 8.3kmSt Benet Biscop Catholic Academy
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Public Transport Nearby
Morpeth station is the nearest stop to The Bungalow, Saltwick, Morpeth at 6.2 kilometres away.
- 6.2kmMorpeth
- 8.9kmCramlington
- 9.0kmPegswood
Risk of Flooding
Environment Agency data suggests this area has a very low risk of flooding.
