According to the public record, 1 The View, Morpeth is a period house with 2,529 ft2 of internal area.
Houses of this size in this area normally have 5 bedrooms with a garden.
Front Street, Longframlington, Morpeth, NE65 is located within the NE65 postal district.
1 The View, Morpeth has no records in the Land Registry database and a single entry in the EPC database dated March 2023.
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 1 The View Morpeth as £911,963 and the rental value as £2,258 per month giving an expected gross yield of 3%.
Over the last 12 months the sale value of 1 The View Morpeth has decreased by £17,781 (1.9%) and its rental value has increased by £86 per month (3.8%).
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 1 The View, Morpeth is in very good condition we estimate a sale value of £957,561 and rental value of £2,371 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £848,126 and a rental value of £2,100 per month.
If you were able to purchase this property for the estimated value of £911,963, and assuming a 25 year repayment term, a 15% deposit and a fixed rate of 4.89%, your monthly repayments would be £4,482 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 1 The View, Morpeth within a radius of 5.7 kilometres over the last 2 years.
The most recent example is 2 The View, Front Street, Morpeth, NE65 8DD, a Freehold house which sold for £930,815 in May 2023.
Read more about house prices in NE65.
*Nearby is defined as the radius comprising the nearest 2,000 addresses.
Front Street, Longframlington, Morpeth, NE65 has a total of 20 addresses. According to our analysis of all the public data, 1 The View, Morpeth is the 6th largest and the 3rd most expensive property on the street.
When compared to the postcode district it is £636k more expensive than the average property in NE65.
1 The View, Morpeth has an Energy Performance Rating (EPC) of C. This is based on the most recent assessment, dated 16 Mar 2023.
The property is not connected to mains gas and has high performance glazing. It is heated using an electric air source heat pump and underfloor heating.
The closest station to 1 The View, Morpeth is Acklington station which is 9.0 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 1 The View, Morpeth, 44.2% of property is socially rented and 27.5% is privately owned outright.
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 1 The View, Morpeth, 11.9% of residents are recorded as possessing school level qualifications and 26.5% 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 1 The View, Morpeth, the average age was 50.7 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 1 The View, 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 1 The View, Morpeth, there are an average of 1.1 cars per household.
See below for how this compares to North East and the rest of England & Wales.