7 Clock Tower Flats Oldgate

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

    This flat/maisonette leasehold property on Oldgate last sold in December 2004 for £100,000. Based on price growth in the NE61 district since then, its estimated current value is £146,063 — placing it in the 12th percentile nationally and the 18th percentile within NE61. The property covers 56 m² (603 sq ft), giving an estimated value of £2,608 per m². The EPC rating is D, with a potential rating of B.

    Type

    Flat/Maisonette

    Tenure

    Leasehold

    Floor Area

    56 m²

    (603 sq ft)

    Last Sale Price

    £100,000

    Dec 2004

    Estimated Valuation

    £146,063

    Est. £/m²

    £2,608/m²

    £242/sq ft

    Property Details

    TypeFlat/Maisonette
    TenureLeasehold
    Built formEnclosed Mid-Terrace
    Construction ageEngland and Wales: before 1900
    Habitable rooms3
    Main fuelelectricity (not community)
    EPC currentD
    EPC potentialB
    Floor area56 m² (603 sq ft)
    EPC dateOct 2021
    WallsSolid brick, as built, no insulation (assumed)
    HeatingRoom heaters, electric

    Transaction History

    16 Dec 2004

    £100,000

    Key Metrics

    Estimated valuation£146,063
    Value per m² / sq ft£2,608/m² (£242/sq ft)
    Estimated gross yieldNot available
    Implied monthly rentNot available
    NE61 district percentile18th percentile
    National percentile12th 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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