Station Bank, Morpeth
Rook Matthews Sayer logo

Station Bank, Morpeth

By Rook Matthews Sayer

£ 425,000

Reviews

4 out of 5 stars

Rook Matthews Sayer says ..

A RARE GEM! Occupying a superb plot, and set withing a small cluster of only five homes, sits this spectacular split level, four bed detached bungalow on High Park Lane, in Deuchar Park. This well-established development is always in high demand, not only as it offers that all important walking-d...

Property Oracle says ..

This property is a 4 bedroom detached bungalow situated in the desirable location of Morpeth, Northumberland. The property benefits from a large garden and is conveniently located close to Morpeth Train Station (0.34 KM). The local area also boasts a number of well-regarded schools, including Morpeth First School (0.69 KM) which has an ‘Outstanding’ Ofsted rating.

The internal photos reveal a well-maintained and modernised property. The kitchen and bathrooms appear to be recently updated, and the property is presented in excellent condition throughout. The property also includes a dedicated home office, and a conservatory.

The list price of £425,000 is slightly below the average price for the area (£549,545). Considering the property’s size (1,553.23 sqft), condition, and desirable location, the price appears to be reasonable, particularly when compared to similar properties in the area. The average price per sqft in the area is £426; this property is slightly larger than average and in better than average condition, so the price per sqft is justified.

The property includes a good-sized garden, providing ample outdoor space.

Based on the provided information, this property presents a strong overall value proposition.

Therefore, we give this property 8 / 10. *Disclaimer: This is our option and does constitute a recommendation or financial advice. Do your own research. *

Price
8
Condition
9
Location
9
Land
8
Bedrooms
4
Bathrooms
2
Sqft (est)
1,553.23
Lot (est)
1,735.14

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
1,028,238.26 £
Increased by 24.67 %
from 824,765.13 £
Average area rental value
1,525.00 £/mo
Increased by 1.26 %
from 1,506.00 £/mo
Est letting value
1,553.23 £/mo
Unchanged by 0.00 %
from 1,553.23 £/mo
Est rental Yield
2.93 %
Decreased by 7.28 %
from 3.16 %
Crime Rate
0.00 %
from 0.00 %

Agent Activity

  • Rook Matthews Sayer created the listing.

Nearby Schools

NameTypeOfstedDistance
Morpeth First SchoolCommunity SchoolOutstanding0.69 KM
Kyloe HouseSecure Units0.85 KM
Morpeth Children'S CentreChildren's Centre Linked Site1.40 KM
Morpeth Stobhillgate First SchoolAcademy Converter1.41 KM
Collingwood School & Media Arts CollegeCommunity Special SchoolGood1.46 KM

Images

Photo 11 Photo 14 Photo 16 Photo 10 Photo 15 Photo 6 Photo 8 Photo 7 Photo 18 Photo 5 Photo 4 Photo 2 Photo 1 Photo 3 Photo 9 Photo 12 Photo 13 Photo 17

Nearby Streets

NameAverage PriceAverage SqftDistance
St Aidan's Crescent £ 265,00000.00 KM
The Kylins £ 337,50000.00 KM
Howard Street £ 220,00000.00 KM
Castle Street £ 000.00 KM
Edward Street £ 120,00000.00 KM

Nearby Transport

NameNLCTLCDistance
Morpeth7680MPT0.34 KM
Pegswood7685PEG4.99 KM

Nearby Listings

AddressPriceTypeScoreDistance
Station Bank, Morpeth £ 425,000BUY8 / 100.00 KM
High Park, Morpeth £ 385,000BUY6 / 100.06 KM
High Park, Morpeth £ 450,000BUY7 / 100.07 KM
Low Stobhill, Morpeth £ 395,000BUY7 / 100.12 KM
Low Stobhill, Morpeth £ 320,000BUY8 / 100.17 KM

Nearby Properties

AddressPriceDistance
55 Low Stobhill £ 187,2500.14 KM
41 Low Stobhill £ 250,0000.14 KM
53 Low Stobhill £ 245,0000.14 KM
33 Low Stobhill £ 220,0000.14 KM
49 Low Stobhill £ 265,0000.14 KM