According to the public record, 3 Aston Court, Morpeth is a modern apartment with 710 ft2 of internal area.
Apartments of this size in this area normally have 2 bedrooms.
The apartment is in Aston Court, Horseshoe Way, Morpeth, NE61.
Horseshoe Way, Morpeth, NE61 is located within the NE61 postal district.
3 Aston Court, Morpeth has no records in the Land Registry database and a single entry in the EPC database dated October 2017.
We combine this information with public data of neighbouring properties to estimate the property attributes and values.
Based on public information available, and assuming the property is in reasonable condition, we estimate the current sale value for 3 Aston Court Morpeth as £158,470 and the rental value as £1,007 per month giving an expected gross yield of 7.6%.
Over the last 12 months the sale value of 3 Aston Court Morpeth has increased by £411 (0.3%) and its rental value has increased by £71 per month (7.0%).
Decorative condition can have a big effect on a property's value and this effect varies depending on the type, size and location of the property.
If 3 Aston Court, Morpeth is in very good condition we estimate a sale value of £166,394 and rental value of £1,058 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £147,377 and a rental value of £937 per month.
If you were able to purchase this property for the estimated value of £158,470, and assuming a 25 year repayment term, a 15% deposit and a fixed rate of 4.89%, your monthly repayments would be £779 per month.
This figure is only an estimate but we've partnered with Mortgage Advice Bureau who can provide a figure tailored for you! Get started using their mortgage finder below.
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to 3 Aston Court, Morpeth within a radius of 700 metres over the last 2 years.
The most recent example is 75, Loansdean Wood, Morpeth, NE61 2FB, a Leasehold flat which sold for £148,500 in May 2024.
Read more about house prices in NE61.
*Nearby is defined as the radius comprising the nearest 2,000 addresses.
Horseshoe Way, Morpeth, NE61 has a total of 38 addresses. According to our analysis of all the public data, 3 Aston Court, Morpeth is the 31st largest and the 31st most expensive property on the street.
When compared to the postcode district it is £100k less expensive than the average property in NE61.
3 Aston Court, Morpeth has an Energy Performance Rating (EPC) of B. This is based on the most recent assessment, dated 04 Oct 2017.
The property is not connected to mains gas and has fully double glazed windows. It is heated using a boiler and radiators.
The closest station to 3 Aston Court, Morpeth is Morpeth station which is 700 metres away.
According to data from the Environment Agency, the flood risk in this area is considered to be very low.
The recent census recorded whether a resident owned or rented their home.
In the area around 3 Aston Court, Morpeth, 54.1% of property is privately owned outright and 35.0% is privately owned with a mortgage.
The graph below shows how this compares to Greater London and the rest of England & Wales.
The recent census recorded the highest level of education achieved by residents in the local area.
In the area around 3 Aston Court, Morpeth, 20.1% of residents are recorded as possessing school level qualifications and 49.0% as possessing degree level qualifications.
The graph below shows how this compares to Greater London and the rest of England & Wales
The most recent census in 2021 recorded the age of all UK residents.
In the area around 3 Aston Court, Morpeth, the average age was 47.5 and the most common age was 72.
The graph below shows how this compares to North East and the rest of England & Wales
The recent census recorded whether a property was a primary or secondary home for the resident.
In the area around 3 Aston Court, Morpeth, 1.3% of property was a second home.
Comparison figures for North East and the rest of England & Wales are listed below.
The recent census recorded the number of cars registered in each household.
In the area around 3 Aston Court, Morpeth, there are an average of 1.4 cars per household.
See below for how this compares to North East and the rest of England & Wales.