Dacre Street, Morpeth
RI

Dacre Street, Morpeth

By Rickard Chartered Surveyors & Estate Agents

£ 159,950

Reviews

3 out of 5 stars

Rickard Chartered Surveyors & Estate Agents says ..

This is a wonderful opportunity to acquire a sought-after two-bedroom ground floor apartment in Silvas Court, a well-regarded development in the heart of Morpeth Town Centre. The property benefits from its own private external door, providing direct access to a garden area, overlooking Dark Lane ...

Property Oracle says ..

The property is a two-bedroom apartment in Morpeth, Northumberland. Morpeth benefits from its proximity to a train station providing convenient access to Newcastle upon Tyne and beyond. The presence of several well-regarded schools within a reasonable distance, such as The King Edward VI Academy (Outstanding Ofsted rating) and Morpeth First School (Outstanding Ofsted rating), is a significant positive for families. The apartment itself appears to be in good condition based on the provided photographs. The interior is presented well, with modern amenities and a clean, well-maintained aesthetic. The kitchen and bathroom look recently updated or well-maintained. The external communal area shows a well-kept lawn and garden. While the property includes access to a communal garden area, the lack of a private garden is a consideration. The size of the apartment is unfortunately not specified. This makes it difficult to assess the value for money accurately. The average price per sqft in the area is £426, but without the sqft of this property, a direct comparison is impossible. However, considering the list price of £159,950 and the average house price in the area of £549,545, the price seems relatively reasonable compared to other properties in the area, especially considering the nearby listings of similar properties. The surrounding area includes properties ranging from £100,000 to £465,000, indicating a diverse range of property values.

Therefore, we give this property 7 / 10. *Disclaimer: This is our option and does constitute a recommendation or financial advice. Do your own research. *

Price
7
Condition
8
Location
9
Land
6
Bedrooms
2
Bathrooms
1

The heatmap indicates the level of crime in the area. The color of the heatmap indicates the crime severity and recency.

Metrics Year-on-Year

Average area value
625,000.00 £
Increased by 9.15 %
from 572,608.00 £
Average area rental value
1,525.00 £/mo
Increased by 1.26 %
from 1,506.00 £/mo
Est rental Yield
2.93 %
Decreased by 7.28 %
from 3.16 %
Crime Rate
25.00 %
Unchanged by 0.00 %
from 25.00 %

Agent Activity

  • Rickard Chartered Surveyors & Estate Agents created the listing.

Nearby Schools

NameTypeOfstedDistance
The King Edward Vi AcademyAcademy ConverterOutstanding0.78 KM
Morpeth Chantry Middle SchoolAcademy ConverterRequires improvement1.25 KM
Abbeyfields First SchoolAcademy Converter1.36 KM
Morpeth Newminster Middle SchoolAcademy ConverterRequires improvement1.40 KM
Morpeth First SchoolCommunity SchoolOutstanding1.63 KM

Images

G4B8j9QKBkSQIOXUZ7vWwg.jpg LOUNGE DINER GARDEN AREA ACCESSABLE FROM LOUNGE DINER KITCHEN ADDITIONAL IMAGE ADDITIONAL IMAGE BEDROOM ONE ADDITIONAL IMAGE BEDROOM TWO ADDITIONAL IMAGE SHOWER ROOM/WC

Nearby Streets

NameAverage PriceAverage SqftDistance
Well Way £ 000.00 KM
Market Place £ 110,00000.00 KM
Hood Street £ 290,00000.00 KM
The Grove £ 000.00 KM
Abbey View £ 000.00 KM

Nearby Transport

NameNLCTLCDistance
Morpeth7680MPT0.99 KM
Pegswood7685PEG5.01 KM

Nearby Listings

AddressPriceTypeScoreDistance
Dacre Street, Morpeth £ 159,950BUY7 / 100.00 KM
St James Place, Dacre Street, Morpeth, NE61 £ 370,000BUY7 / 100.12 KM
Dacre Street, Morpeth £ 320,000BUY6 / 100.12 KM
Dacre Street, Morpeth, Northumberland, NE61 1HQ £ 108,000BUY5 / 100.13 KM
George Fitzroy Court, St. Mary Park, Morpeth £ 100,000BUYUnknown0.14 KM

Nearby Properties

AddressPriceDistance
4 Dacre Street £ 328,0000.10 KM
3 Howard Terrace £ 323,0000.12 KM
2 Dacre Street £ 465,0000.12 KM
15 Howard Terrace £ 250,0000.12 KM
11 Howard Terrace £ 300,0000.12 KM