56 Loansdean Wood, Morpeth, NE61 2FB is a leasehold flat built between 1996-2002. The property offers approximately 786 square feet of living space and is situated on the 3rd floor. In this location, apartments of similar size usually have two bedrooms.

The estimated current market value of the property is £140,302 , which equates to approximately £179 per square foot. It was last sold on 8 Nov 2023 for £135,000. Since then, the value has increased by £5,302, representing a 3.9% increase, or approximately 1.9% per year.

The current estimated value of £140,302 is:

  • 53.4% lower than the average property price on Loansdean Wood
  • 51.8% lower than the average in the NE61 2FB postcode area
  • and 55.7% lower than the average price for Morpeth as a whole

At the most recent EPC inspection on 16 May 2023, the property was recorded as owner-occupied.

View sold house prices in NE61 2FB

Building approximate location

About Property

Type
Flat
Built
1996-2002
Interior Size
786 sq ft
Tenure
Leasehold
Floor level
3rd floor
Price (estimate)
£140,302
Price Per sq ft (estimate)
£179
Bedroom Count (estimate)
2 bedrooms

EPC Summary

56 Loansdean Wood, Morpeth, Northumberland, NE61 2FB has an Energy Performance Certificate (EPC) rating of C, based on the latest assessment carried out on 16 May 2023.

This property uses a gas-fired boiler and radiators, connected to the mains gas supply, as its main heating source. Hot water is provided from main heating system. The windows are fully double glazed.

The previous EPC assessment was conducted on 16 Dec 2011, when the property was rated B. The current rating of C reflects a decline in energy efficiency of 1.2%.

Since the previous assessment, several changes were observed:

  • The roof construction or insulation changed from average thermal transmittance 0.16 w/m?k to pitched, 250 mm loft insulation, with no change in energy efficiency (good).
  • The wall construction or insulation changed from average thermal transmittance 0.29 w/m?k to cavity wall, as built, insulated (assumed), changing energy efficiency from very good to good.
  • The lighting was updated from low energy lighting in 25% of fixed outlets to low energy lighting in all fixed outlets, with efficiency improving from average to very good.
Heating Type
Boiler and radiators, mains gas
Good
Hot Water
From main system
Good
Roof
Pitched, 250 mm loft insulation
Good
Walls
Cavity wall, as built, insulated (assumed)
Good
Windows
Fully double glazed
Average
Lighting
Low energy lighting in all fixed outlets
Very Good

Compared to NE61 2FB

79 th / 83
Price Rank
52% lower than average
53 rd / 77
Size Rank
35% smaller than average
74 th / 77
Price Per Sq FT Rank
26% lower than average

Compared to other properties in NE61 2FB , this flat's estimated value ranks 79th out of 83. Based on price per square foot, it ranks 74th out of 77 properties. This indicates a lower price per square foot than most, suggesting good value for the space offered. In terms of size, this home ranks 53th out of 77 properties in its postcode area.

Sale History

Today
£140,302
streetscan.co.uk estimate
+4 %
8 Nov 2023
£135,000
Leasehold
+36.4 %
22 Dec 2011
£99,000
Leasehold

Area Insights

Similar Properties Sold Nearby

rooms: 3
size: 764 sq ft
sale price: £150,000
sale date: 25 Oct 2024
rooms: 3
size: 872 sq ft
sale price: £182,000
sale date: 27 Sep 2024
rooms: 3
size: 732 sq ft
sale price: £149,000
sale date: 21 Jan 2022
rooms: 4
size: 710 sq ft
sale price: £146,000
sale date: 31 Mar 2016
rooms: 3
size: 678 sq ft
sale price: £152,000
sale date: 19 Jun 2015

Data Sources

The property at 56 Loansdean Wood, Morpeth, NE61 2FB appears two times in the Land Registry records, with the latest transaction recorded on 8 Nov 2023. It also has two Energy Performance Certificates (EPC) entries, the earliest dating back to 16 May 2023. We use this data, to estimate the property's characteristics and current market value.

This website uses public sector information from:

These datasets are licensed under the Open Government Licence v3.0.
This website is not affiliated with or endorsed by HM Land Registry or DLUHC.


Disclaimer: StreetScan.co.uk makes all reasonable efforts to ensure the information provided on this website is current and accurate; however, no warranties or representations are made as to its completeness or accuracy. StreetScan.co.uk expressly disclaims any and all liability for any loss, damage, or expense arising directly or indirectly from the use of, or reliance upon, such information.