5 Greystoke Apartments Kings Avenue

    5 GREYSTOKE APARTMENTS, KINGS AVENUE, MORPETH, NE61 1EQ

    This flat/maisonette leasehold property on Kings Avenue last sold in August 2018 for £745,000. Based on price growth in the NE61 district since then, its estimated current value is £648,913 — placing it in the 88th percentile nationally and the 95th percentile within NE61. The property covers 191 m² (2,056 sq ft), giving an estimated value of £3,397 per m². The EPC rating is B, with a potential rating of B.

    Type

    Flat/Maisonette

    Tenure

    Leasehold

    Floor Area

    191 m²

    (2,056 sq ft)

    Last Sale Price

    £745,000

    Aug 2018

    Estimated Valuation

    £648,913

    Est. £/m²

    £3,397/m²

    £316/sq ft

    Property Details

    TypeFlat/Maisonette
    TenureLeasehold
    Built formDetached
    Construction age2017
    Habitable roomsNot available
    Main fuelGas: mains gas
    EPC currentB
    EPC potentialB
    Floor area191 m² (2,056 sq ft)
    EPC dateApr 2018
    WallsAverage thermal transmittance 0.14 W/m²K
    HeatingBoiler and underfloor heating, mains gas

    Transaction History

    31 Aug 2018

    £745,000

    Key Metrics

    Estimated valuation£648,913
    Value per m² / sq ft£3,397/m² (£316/sq ft)
    Estimated gross yieldNot available
    Implied monthly rentNot available
    NE61 district percentile95th percentile
    National percentile88th percentile

    District Context — NE61

    NE61 covers the area around Morpeth and nearby settlements in central Northumberland, located between Newcastle and the Scottish border. It is a rural and semi-rural district with strong community character and good access to both countryside and urban amenities.

    Average Property Price - NE61

    £293,975

    41

    National percentile

    Average Net Household Income - NE61

    £39,988

    58

    National percentile

    10-Year Annualised Price Growth - NE61

    3.5%

    47

    National percentile

    10-Year Annualised Rent Growth - NE

    4.0%

    54

    National percentile

    View full analysis for NE61

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