5 Clock Tower Flats Oldgate

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

    This flat/maisonette leasehold property on Oldgate last sold in October 2011 for £78,000. Based on price growth in the NE61 district since then, its estimated current value is £112,337 — placing it in the 6th percentile nationally and the 9th percentile within NE61. The property covers 32 m² (344 sq ft), giving an estimated value of £3,511 per m². The EPC rating is E, with a potential rating of C.

    Type

    Flat/Maisonette

    Tenure

    Leasehold

    Floor Area

    32 m²

    (344 sq ft)

    Last Sale Price

    £78,000

    Oct 2011

    Estimated Valuation

    £112,337

    Est. £/m²

    £3,511/m²

    £326/sq ft

    Property Details

    TypeFlat/Maisonette
    TenureLeasehold
    Built formMid-Terrace
    Construction ageEngland and Wales: before 1900
    Habitable rooms3
    Main fuelTo be used only when there is no heating/hot-water system or data is from a community network
    EPC currentE
    EPC potentialC
    Floor area32 m² (344 sq ft)
    EPC dateFeb 2021
    WallsSolid brick, as built, no insulation (assumed)
    HeatingNo system present: electric heaters assumed

    Transaction History

    3 Oct 2011

    £78,000

    12 Mar 2001

    £34,000

    28 Nov 1997

    £32,000

    Key Metrics

    Estimated valuation£112,337
    Value per m² / sq ft£3,511/m² (£326/sq ft)
    Estimated gross yieldNot available
    Implied monthly rentNot available
    NE61 district percentile9th percentile
    National percentile6th 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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