Mathesons Gardens, Morpeth
RI

Mathesons Gardens, Morpeth

By Rickard Chartered Surveyors & Estate Agents

£ 155,000

Reviews

2 out of 5 stars

Rickard Chartered Surveyors & Estate Agents says ..

This well cared for, two-bedroom first-floor flat is situated in a sought-after retirement development, conveniently positioned between Oldgate and the River Wansbeck. Just a short, level walk from the town centre, it provides easy access to a wide range of shops, healthcare services, leisure fac...

Property Oracle says ..

This property is a 2-bedroom apartment located in Morpeth, Northumberland. It benefits from being close to local schools, including The King Edward VI Academy (Outstanding Ofsted rating) and Morpeth First School (Outstanding Ofsted rating), and transport links such as Morpeth train station. The apartment itself appears to be in reasonable condition, although some aspects may benefit from modernisation. The property includes a small garden area. Compared to the average price per square foot in the area (£426), the listed price of £155,000 for a 510 sqft apartment seems slightly high, particularly given the smaller size and the fact that other similar properties in the area have sold for less. However, the proximity to excellent schools and transport links could justify a higher price point for some buyers.

Therefore, we give this property 5 / 10. *Disclaimer: This is our option and does constitute a recommendation or financial advice. Do your own research. *

Price
5
Condition
6
Location
8
Land
3
Bedrooms
2
Bathrooms
1
Sqft (est)
510.00

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
337,620.00 £
Increased by 24.67 %
from 270,810.00 £
Average area rental value
1,525.00 £/mo
Increased by 1.26 %
from 1,506.00 £/mo
Est letting value
510.00 £/mo
Unchanged by 0.00 %
from 510.00 £/mo
Est rental Yield
2.93 %
Decreased by 7.28 %
from 3.16 %
Crime Rate
103.00 %
Unchanged by 0.00 %
from 103.00 %

Agent Activity

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

  • Rickard Chartered Surveyors & Estate Agents created the listing.

Nearby Schools

NameTypeOfstedDistance
Abbeyfields First SchoolAcademy Converter0.87 KM
The King Edward Vi AcademyAcademy ConverterOutstanding0.91 KM
Morpeth Chantry Middle SchoolAcademy ConverterRequires improvement0.96 KM
Morpeth Newminster Middle SchoolAcademy ConverterRequires improvement1.07 KM
Morpeth First SchoolCommunity SchoolOutstanding1.50 KM

Images

149cd0be-IMG_7095.JPEG KITCHEN LOUNGE DINER ADDITIONAL IMAGE BEDROOM ONE BEDROOM TWO SHOWER ROOM/WC EXTERNALLY

Nearby Streets

NameAverage PriceAverage SqftDistance
Market Place £ 110,00000.00 KM
Abbey View £ 000.00 KM
Challoner's Gardens £ 270,00000.00 KM
Well Way £ 000.00 KM
Bluebell Rise £ 325,00000.00 KM

Nearby Transport

NameNLCTLCDistance
Morpeth7680MPT1.14 KM
Pegswood7685PEG5.49 KM

Nearby Listings

AddressPriceTypeScoreDistance
Mathesons Gardens, Morpeth £ 155,000BUY5 / 100.00 KM
Mathesons Gardens, Morpeth £ 195,000BUY8 / 100.04 KM
Pretoria Avenue, Morpeth, Northumberland, NE61 1QE £ 130,000BUY5 / 100.05 KM
Pretoria Avenue, Morpeth, NE61 £ 140,000BUY6 / 100.08 KM
Mathesons Gardens, Morpeth £ 165,000BUY6 / 100.09 KM

Nearby Properties

AddressPriceDistance
6 Challoner Place £ 152,0000.06 KM
2 Challoner Place £ 115,0000.06 KM
1 Challoner Place £ 120,0000.06 KM
5 Challoner Place £ 47,5000.06 KM
2 St Bedes Place £ 170,0000.07 KM