6 Clock Tower Flats Oldgate

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

    This flat/maisonette leasehold property on Oldgate last sold in December 2021 for £39,500. Based on price growth in the NE61 district since then, its estimated current value is £46,642 — placing it in the 0th percentile nationally and the 1st percentile within NE61. The property covers 60 m² (646 sq ft), giving an estimated value of £777 per m². The EPC rating is E, with a potential rating of C.

    Type

    Flat/Maisonette

    Tenure

    Leasehold

    Floor Area

    60 m²

    (646 sq ft)

    Last Sale Price

    £39,500

    Dec 2021

    Estimated Valuation

    £46,642

    Est. £/m²

    £777/m²

    £72/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 area60 m² (646 sq ft)
    EPC dateFeb 2021
    WallsSolid brick, as built, no insulation (assumed)
    HeatingNo system present: electric heaters assumed

    Transaction History

    22 Dec 2021

    £39,500

    Key Metrics

    Estimated valuation£46,642
    Value per m² / sq ft£777/m² (£72/sq ft)
    Estimated gross yieldNot available
    Implied monthly rentNot available
    NE61 district percentile1st percentile
    National percentile0th 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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