Castle Way, Pegswood, Morpeth
RI

Castle Way, Pegswood, Morpeth

By Rickard Chartered Surveyors & Estate Agents

£ 135,000

Reviews

3 out of 5 stars

Rickard Chartered Surveyors & Estate Agents says ..

This two-bedroom, extended semi-detached house on Castle Way, Pegswood, offers an excellent opportunity for first-time buyers or young families. The property features double glazing, gas central heating via a combi boiler and the accommodation comprises a welcoming entrance porch, a comfortable l...

Property Oracle says ..

The property is a 2 bedroom semi-detached house located in Pegswood, Northumberland. It is listed at £135,000 and has 850 sqft of living space and a 791.5 sqft plot. The property appears to be in good condition based on the provided images. The kitchen and bathrooms look recently updated or well-maintained. There is no obvious evidence of significant repairs or renovations needed. The garden is relatively small but appears usable. Pegswood benefits from being close to Pegswood train station, providing convenient access to Morpeth and beyond. The proximity to Pegswood Primary School (rated ‘Good’ by Ofsted) is a positive attribute for families. While the average house price in the area is significantly higher (£549,545), this property is a more affordable option, likely due to its smaller size and location within Pegswood compared to more central areas of Morpeth. However, the average price per sqft in the area (£426) is higher than what this property is listed at, suggesting it might be underpriced. Further analysis of comparable properties in Pegswood would be needed to confirm this.

Therefore, we give this property 6 / 10. *Disclaimer: This is our option and does constitute a recommendation or financial advice. Do your own research. *

Price
7
Condition
8
Location
7
Land
4
Bedrooms
2
Bathrooms
1
Sqft (est)
850.00
Lot (est)
791.50

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 £
Est sale value
562,700.00 £
Increased by 24.67 %
from 451,350.00 £
Average area rental value
1,525.00 £/mo
Increased by 1.26 %
from 1,506.00 £/mo
Est letting value
850.00 £/mo
Unchanged by 0.00 %
from 850.00 £/mo
Est rental Yield
2.93 %
Decreased by 7.28 %
from 3.16 %
Crime Rate
13.00 %
Unchanged by 0.00 %
from 13.00 %

Agent Activity

  • Rickard Chartered Surveyors & Estate Agents marked this listing as sold.

  • Rickard Chartered Surveyors & Estate Agents created the listing.

Nearby Schools

NameTypeOfstedDistance
Pegswood Primary SchoolCommunity SchoolGood0.51 KM
Collingwood School & Media Arts CollegeCommunity Special SchoolGood4.38 KM
Morpeth Stobhillgate First SchoolAcademy Converter4.39 KM
Morpeth Children'S CentreChildren's Centre Linked Site4.41 KM
Cleaswell Hill SchoolCommunity Special SchoolOutstanding5.17 KM

Images

IMG_7230_Enhancer.jpg ADDITIONAL IMAGE KITCHEN DINER LOUNGE BEDROOM ONE BEDROOM TWO BATHROOM/WC EXTERNALLY

Nearby Streets

NameAverage PriceAverage SqftDistance
Edward Street £ 000.00 KM
John Street £ 000.00 KM
William Street £ 000.00 KM
South View £ 000.00 KM
Wansbeck Crescent £ 000.00 KM

Nearby Transport

NameNLCTLCDistance
Pegswood7685PEG0.58 KM
Morpeth7680MPT5.20 KM
Widdrington7695WDD7.16 KM

Nearby Listings

AddressPriceTypeScoreDistance
Castle Way, Pegswood, Morpeth £ 135,000BUY6 / 100.00 KM
Castle Way, Morpeth £ 162,000BUY7 / 100.01 KM
Beaumont Court, Pegswood, Morpeth, Northumberland, NE61 6BF £ 265,000BUY7 / 100.03 KM
Beaumont Court, Pegswood, Morpeth, Northumberland, NE61 6BF £ 220,000BUY7 / 100.03 KM
Beaumont Court, Pegswood, Morpeth, NE61 £ 220,000BUY7 / 100.07 KM

Nearby Properties

AddressPriceDistance
57 Beaumont Court £ 140,0000.07 KM
65 Beaumont Court £ 147,0000.07 KM
78 Beaumont Court £ 155,0000.07 KM
58 Beaumont Court £ 214,5000.07 KM
40 Beaumont Court £ 215,0000.07 KM