7, Clock Tower Flats Oldgate, Morpeth, NE61 1LY is a leasehold flat built before 1900. The property offers approximately 603 square feet of living space and is situated on the 3rd floor. In this location, apartments of similar size usually have one bedroom.

The estimated current market value of the property is £102,052 , which equates to approximately £169 per square foot. It was last sold on 19 Jun 2019 for £80,000. Since then, the value has increased by £22,052, representing a 27.6% increase, or approximately 4.3% per year.

The current estimated value of £102,052 is:

  • 52.4% lower than the average property price on Oldgate
  • 16.8% higher than the average in the NE61 1LY postcode area
  • and 67.8% lower than the average price for Morpeth as a whole

Based on EPC inspection history, this property has been mostly rented (2 out of 3 inspections). This suggests the property has often been rented out, which may indicate use as an investment or buy-to-let.

At the most recent EPC inspection on 12 October 2021, the property was recorded as rented.

View sold house prices in NE61 1LY

Building approximate location

About Property

Type
Flat
Built
before 1900
Interior Size
603 sq ft
Tenure
Leasehold
Floor level
3rd floor
Price (estimate)
£102,052
Price Per sq ft (estimate)
£169
Bedroom Count (estimate)
1 bedroom

EPC Summary

7, Clock Tower Flats Oldgate, Morpeth, Northumberland, NE61 1LY has an Energy Performance Certificate (EPC) rating of D, based on the latest assessment carried out on 12 Oct 2021.

This property uses electric room heaters as its main heating source. Hot water is provided from off-peak electric immersion heater. The windows are fully double glazed.

The previous EPC assessment was conducted on 22 Feb 2021, when the property was rated E. Since then, the rating has improved to D, with the energy efficiency score increasing by 52.4%.

Since the previous assessment, several changes were observed:

  • The heating system changed from no system present: electric heaters assumed to room heaters, electric, with no change in energy efficiency (very poor).
  • The hot water system was changed from electric instantaneous at point of use to electric immersion, off-peak, with its energy efficiency improving from very poor to poor.
  • The roof construction or insulation changed from pitched, 75 mm loft insulation to pitched, 300 mm loft insulation, improving energy efficiency from average to very good.
  • The wall energy efficiency improving from very poor to poor, with the construction or insulation remaining solid brick, as built, no insulation (assumed).
  • The windows were upgraded from single glazed to fully double glazed.
Heating Type
Room heaters, electric
Very Poor
Hot Water
Electric immersion, off-peak
Poor
Roof
Pitched, 300 mm loft insulation
Very Good
Walls
Solid brick, as built, no insulation (assumed)
Poor
Windows
Fully double glazed
Good
Lighting
Low energy lighting in all fixed outlets
Very Good

Sale History

Today
£102,052
streetscan.co.uk estimate
+28 %
19 Jun 2019
£80,000
Leasehold
-20 %
16 Dec 2004
£100,000
Leasehold

Area Insights

Similar Properties Sold Nearby

6, Clock Tower Flats Oldgate, Morpeth, NE61 1LY
rooms: 3
size: 646 sq ft
sale price: £39,500
sale date: 22 Dec 2021
2, Clock Tower Flats Oldgate, Morpeth, NE61 1LY
rooms: 3
size: 667 sq ft
sale price: £67,000
sale date: 14 Nov 2021

Data Sources

The property at 7, Clock Tower Flats Oldgate, Morpeth, NE61 1LY appears two times in the Land Registry records, with the latest transaction recorded on 19 Jun 2019. It also has four Energy Performance Certificates (EPC) entries, the earliest dating back to 12 Oct 2021. 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.
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