2 Clock Tower Flats Oldgate

    2 CLOCK TOWER FLATS, OLDGATE, MORPETH, NE61 1LY

    This flat/maisonette leasehold property on Oldgate last sold in November 2021 for £67,000. Based on price growth in the NE61 district since then, its estimated current value is £79,115 — placing it in the 2nd percentile nationally and the 3rd percentile within NE61. The property covers 62 m² (667 sq ft), giving an estimated value of £1,276 per m². The EPC rating is E, with a potential rating of D.

    Type

    Flat/Maisonette

    Tenure

    Leasehold

    Floor Area

    62 m²

    (667 sq ft)

    Last Sale Price

    £67,000

    Nov 2021

    Estimated Valuation

    £79,115

    Est. £/m²

    £1,276/m²

    £119/sq ft

    Property Details

    TypeFlat/Maisonette
    TenureLeasehold
    Built formMid-Terrace
    Construction ageEngland and Wales: 1900-1929
    Habitable rooms3
    Main fuelelectricity (not community)
    EPC currentE
    EPC potentialD
    Floor area62 m² (667 sq ft)
    EPC dateAug 2019
    WallsSolid brick, as built, no insulation (assumed)
    HeatingRoom heaters, electric

    Transaction History

    14 Nov 2021

    £67,000

    31 Mar 1995

    £34,500

    Key Metrics

    Estimated valuation£79,115
    Value per m² / sq ft£1,276/m² (£119/sq ft)
    Estimated gross yieldNot available
    Implied monthly rentNot available
    NE61 district percentile3rd percentile
    National percentile2nd 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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