5, Castle Way, NE61 6XH
5 Castle Way is a 51 m² / 549 sq ft terraced home in Pegswood. It sold for £115,000 in August 2016. Indexed forward to today's value, that sale is roughly £168k. Recent local prices imply a broad valuation context of £106k to £156k based on its internal area. The Land Registry and EPC data was last updated 1 June 2026.
- Sale history
-
Date Paid price Tenure Annual growth After inflation Aug 2016 £115,000 * Leasehold 0.0% -1.6% Mar 2011 £115,000 Leasehold 21.2% 18.5% Mar 2011 £115,000 Freehold na na Nov 2001 £18,900 Leasehold -11.2% -12.6% Apr 1997 £32,500 Leasehold na na *This price paid record has been flagged by Land Registry as a 'Category B: Additional Price Paid entry'. This could be due to a variety of reasons, such as the sale being a buy-to-let purchase, a repossession or a transfer to a limited company. When Land Registry suspects that a sale does not reflect full market value (e.g. part-ownership or right to buy), these transactions can be flagged as well. For this reason, we exclude them from our area statistics.
- Internal area
- 51 square metres (549 square feet) according to latest EPC inspection
- Price per internal area
-
This property sold for £2,254 per square metre (£209 per square foot) in Aug 2016. Indexed forward to today's value, this is roughly £3,285 per square metre (£305 per square foot) .
Date Paid price Paid £/sqm Today's value Today's value £/sqm Aug 2016 £115,000 £2,255 £167,520 £3,285 Mar 2011 £115,000 £2,255 £182,399 £3,576 Mar 2011 £115,000 £2,255 £182,399 £3,576 Nov 2001 £18,900 £371 £70,211 £1,377 Apr 1997 £32,500 £637 £149,769 £2,937 Calculated using the latest EPC internal area of 51 m². Earlier sale dates may not have had the same measured area available.
- Valuation
- The most recent sale price indexed forward to today's value is £167,520. This is one data point to inform the valuation. Another method is the valuation implied by what comparable homes are selling for. Homes in Pegswood are now selling for between £2,080 and £3,060 per square metre (£193 and £284 per square foot). Based on an internal area of 51 m², this implies a valuation between £106,000 and £156,000. Treat this as context only. For a valuation using hand-picked comparable sales, use the Advanced search tool — create a shortlist of similar condition homes, then export a valuation report.
- Bedrooms
- 2
- Type
- Terrace
- Council tax band
- A
- Title number
- ND128725
- Tenure
- Freehold
- Title address
- 5 Castle Way, Pegswood, Morpeth
- Owner
-
STAITHES LANE PROPERTIES LTD
(Company reference number: 09991605)
Proprietor address: The Veterinary, Whorral Bank, Morpeth NE61 3BN
Price paid on title: £115,000
Ownership record added to Land Registry's corporate ownership dataset 06 Sep 2016
- Title number
- ND38434
- Tenure
- Leasehold/other
- Title address
- 5 Castle Way, Pegswood, Morpeth
- Owner
-
STAITHES LANE PROPERTIES LTD
(Company reference number: 09991605)
Proprietor address: The Veterinary Centre, Whorral Bank, Morpeth NE61 3BN
Price paid on title: £115,000
Ownership record added to Land Registry's corporate ownership dataset 06 Sep 2016
- Summary:
- 04 July 2016 - energy performance certificate grade E
- Certificate:
- View energy certificate on GOV.UK
- Reason for EPC:
- marketed sale
- Tenure:
- Owner-occupied
- Property type:
- End-Terrace House , has 3 habitable rooms. Estimated year built 1976 to 1982
- Area:
- 51 sqm (549 square foot) total internal area
- Comments:
- Walls: Cavity wall, as built, partial insulation (assumed). Roof: Pitched, limited insulation (assumed). Heating: Boiler and radiators, mains gas.
5 Castle Way is worth whatever price a willing buyer and seller agree upon. However, the following can provide useful context.
- HouseMetric estimates the most recent sale price indexed forward to today's value is £167,520.
- Based on an internal area of 51 m² and recent prices in Pegswood, this implies a lower and upper quartile range from £106,000 to £156,000, using HouseMetric's implied valuation methodology.
For more detail on HouseMetric data sources, update frequency and valuation methods, see the HouseMetric FAQs.