According to the public record, 4, Mariners Court, Morpeth is a modern leasehold apartment with 721 ft2 of internal area.
Apartments of this size in this area normally have 2 bedrooms.
Mariners Court, Amble, Morpeth, NE65 is located within the NE65 postal district.
4, Mariners Court, Morpeth has 31 entries in the Land Registry database, most recently in November 2020 and a single entry in the EPC database dated March 2017.
We combine this information with that 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 4 Mariners Court Morpeth as £153,821 and the rental value as £1,066 per month giving an expected gross yield of 8.3%.
Over the last 12 months the sale value of 4 Mariners Court Morpeth has decreased by £237 (0.2%) and its rental value has increased by £56 per month (5.2%).
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 4, Mariners Court, Morpeth is in very good condition we estimate a sale value of £161,512 and rental value of £1,119 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £143,053 and a rental value of £992 per month.
If you were able to purchase this property for the estimated value of £153,821, and assuming a 25 year repayment term, a 15% deposit and a fixed rate of 4.89%, your monthly repayments would be £756 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 HM Land Registry, 4, Mariners Court, Morpeth was last sold on 11 Nov 2020 for £135,000 and was recorded as a leasehold flat.
The property has had 3 sales since 1995.
Since Nov 2020, the market for similar properties has risen 17.6%
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to 4, Mariners Court, Morpeth within a radius of 1.0 kilometres over the last 2 years.
The most recent example is 39A, Queen Street, Morpeth, NE65 0BX, a Leasehold flat which sold for £145,000 in Jan 2023.
Read more about house prices in NE65.
*Nearby is defined as the radius comprising the nearest 2,000 addresses.
Mariners Court, Amble, Morpeth, NE65 has a total of 8 addresses. According to our analysis of all the public data, 4, Mariners Court, Morpeth is the 6th largest and the 6th most expensive property on the street.
When compared to the postcode district it is £122k less expensive than the average property in NE65.
4, Mariners Court, Morpeth has an Energy Performance Rating (EPC) of E. This is based on the most recent assessment, dated 20 Mar 2017.
The property is not connected to mains gas and has fully triple glazed windows. It is heated using Room heaters, electric.
The closest station to 4, Mariners Court, Morpeth is Acklington station which is 4.7 kilometres 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 4, Mariners Court, Morpeth, 67.9% of property is privately owned outright and 18.8% 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 4, Mariners Court, Morpeth, 3.3% of residents are recorded as possessing school level qualifications and 43.8% 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 4, Mariners Court, Morpeth, the average age was 48 and the most common age was 62.
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 4, Mariners Court, Morpeth, 0.0% 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 4, Mariners Court, Morpeth, there are an average of 1.3 cars per household.
See below for how this compares to North East and the rest of England & Wales.