2 Morwick Close

    2, MORWICK CLOSE, CRAMLINGTON, NE23 6UE

    This terraced freehold property on Morwick Close last sold in June 2012 for £151,000. Based on price growth in the NE23 district since then, its estimated current value is £228,535 — placing it in the 32nd percentile nationally and the 66th percentile within NE23. The property covers 77 m² (829 sq ft), giving an estimated value of £2,968 per m². The EPC rating is E, with a potential rating of B.

    Type

    Terraced

    Tenure

    Freehold

    Floor Area

    829 sq ft

    77 m²

    Last Sale Price

    £151,000

    Jun 2012

    Estimated Valuation

    £228,535

    Est. £/sq ft

    £276/sq ft

    £2,968/m²

    Property Details

    TypeTerraced
    TenureFreehold
    Built formDetached
    Construction ageEngland and Wales: 1967-1975
    Habitable rooms5
    Main fuelmains gas (not community)
    EPC currentE
    EPC potentialB
    Floor area829 sq ft (77 m²)
    EPC dateAug 2014
    WallsCavity wall, as built, no insulation (assumed)
    HeatingBoiler and radiators, mains gas

    Transaction History

    22 Jun 2012

    £151,000

    Key Metrics

    Estimated valuation£228,535
    Value per sq ft / m²£276/sq ft (£2,968/m²)
    Estimated gross yieldNot available
    Implied monthly rentNot available
    NE23 district percentile66th percentile
    National percentile32nd percentile

    District Context — NE23

    NE23 covers Prudhoe, Ryton and surrounding settlements in Tyne and Wear, sitting west of Newcastle in the lower Tyne valley. The area blends suburban residential character with access to both countryside and urban services.

    Average Property Price - NE23

    £205,970

    14

    National percentile

    Average Net Household Income - NE23

    £21,920

    2

    National percentile

    10-Year Annualised Price Growth - NE23

    3.4%

    44

    National percentile

    10-Year Annualised Rent Growth - NE

    4.0%

    54

    National percentile

    View full analysis for NE23

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