Palmerston Avenue, Morpeth
Rook Matthews Sayer logo

Palmerston Avenue, Morpeth

By Rook Matthews Sayer

£ 300,000

Reviews

3 out of 5 stars

Rook Matthews Sayer says ..

Immaculately presented three bedroomed detached family home, located on the ever-desirable St Georges Wood development. Located on Palmerston Avenue in Morpeth, the property boasts a fantastic location, not only as it’s a stone’s throw from King Edwards VI school, but you are also wit...

Property Oracle says ..

This three-bedroom, two-bathroom detached property in Morpeth, Northumberland is listed at £300,000. The property is situated on Palmerston Avenue, within the Morpeth North locality. The area benefits from relatively close proximity to several schools, including The King Edward Vi Academy (rated Outstanding by Ofsted) and Morpeth Chantry Middle School. Morpeth train station is also within a reasonable distance, providing access to Northern Trains services.

Based on the provided images, the property appears to be in good condition and well-maintained, with a modern kitchen and bathrooms. The interior is presented in a neutral style, and the property benefits from a garden with a decked area and shed. The plot size is 1,044.10 sqft.

The average house price in the area is significantly higher at £549,545, with an average price per sqft of £426. However, the average sqft of properties in the area is 1,288 sqft, considerably larger than the property in question (821.29 sqft). Considering the smaller size and the lower average price per sqft in nearby streets such as Ingram Way (£330,000 average price), the asking price of £300,000 might appear reasonable, although further comparative analysis of similar-sized properties in the immediate vicinity would be beneficial to confirm this.

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
9
Location
7
Land
6
Bedrooms
3
Bathrooms
2
Sqft (est)
821.29
Lot (est)
1,044.10

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
543,693.98 £
Increased by 24.67 %
from 436,104.99 £
Average area rental value
1,525.00 £/mo
Increased by 1.26 %
from 1,506.00 £/mo
Est letting value
821.29 £/mo
Unchanged by 0.00 %
from 821.29 £/mo
Est rental Yield
2.93 %
Decreased by 7.28 %
from 3.16 %
Crime Rate
10.00 %
Unchanged by 0.00 %
from 10.00 %

Agent Activity

  • Rook Matthews Sayer created the listing.

Nearby Schools

NameTypeOfstedDistance
The King Edward Vi AcademyAcademy ConverterOutstanding0.95 KM
Morpeth Chantry Middle SchoolAcademy ConverterRequires improvement1.71 KM
Morpeth Newminster Middle SchoolAcademy ConverterRequires improvement1.89 KM
Abbeyfields First SchoolAcademy Converter2.03 KM
Morpeth Stobhillgate First SchoolAcademy Converter2.06 KM

Images

Photo 10 Photo 9 Photo 11 Photo 2 Photo 5 Photo 4 Photo 12 Photo 8 Photo 3 Photo 1 Photo 7 Photo 6

Nearby Streets

NameAverage PriceAverage SqftDistance
Ingram Way £ 330,00000.00 KM
Elsdon Place £ 000.00 KM
Hood Street £ 290,00000.00 KM
The Grove £ 000.00 KM
Well Way £ 000.00 KM

Nearby Transport

NameNLCTLCDistance
Morpeth7680MPT1.36 KM
Pegswood7685PEG4.47 KM

Nearby Listings

AddressPriceTypeScoreDistance
Palmerston Avenue, Morpeth £ 300,000BUY7 / 100.00 KM
16 Palmerston Avenue, St. Georges Wood, Morpeth, Northumberland, NE61 £ 330,000BUY7 / 100.02 KM
Kingsley Close, Morpeth £ 200,000BUY7 / 100.04 KM
Palmerston Avenue, Morpeth, Northumberland, NE61 £ 299,000BUY8 / 100.08 KM
Palmerston Avenue, St. Georges Wood, Morpeth, NE61 £ 395,000BUY8 / 100.09 KM

Nearby Properties

AddressPriceDistance
30 Thorp Avenue £ 365,0000.24 KM
26 Thorp Avenue £ 410,0000.24 KM
21 Thorp Avenue £ 427,5000.24 KM
12 Thorp Avenue £ 356,0000.27 KM
16 Thorp Avenue £ 540,0000.27 KM