According to the public record, 1, Castle Street, Morpeth is a period freehold house and with 957 ft2 of internal area and sits on a 92.6 m2 plot.
Houses of this size in this area normally have 3 bedrooms with a garden.
Castle Street, Morpeth, NE61 is located within the NE61 postal district.
1, Castle Street, Morpeth has 51 entries in the Land Registry database, most recently in November 2021 and no records in the EPC database.
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 1 Castle Street Morpeth as £146,877 and the rental value as £842 per month giving an expected gross yield of 6.9%.
Over the last 12 months the sale value of 1 Castle Street Morpeth has increased by £2,336 (1.6%) and its rental value has increased by £71 per month (8.4%).
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, Castle Street, Morpeth is in very good condition we estimate a sale value of £154,221 and rental value of £885 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £136,596 and a rental value of £783 per month.
If you were able to purchase this property for the estimated value of £146,877, and assuming a 25 year repayment term, a 15% deposit and a fixed rate of 4.89%, your monthly repayments would be £722 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 data from HM Land Registry, 1, Castle Street, Morpeth sits on a plot of 93m2.
We have plot size data on 15 out of 21 other houses in the postcode and 1, Castle Street, Morpeth sits on the 14th largest plot.
According to HM Land Registry, 1, Castle Street, Morpeth was last sold on 02 Nov 2021 for £120,000 and was recorded as a freehold house.
The property has had 5 sales since 1995.
Since Nov 2021, the market for similar properties has risen 7.7%
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to 1, Castle Street, Morpeth within a radius of 51m over the last 2 years.
The most recent example is 19, Castle Street, Morpeth, NE61 1UH, a Freehold house which sold for £135,000 in Aug 2023.
Read more about house prices in NE61.
Castle Street, Morpeth, NE61 has a total of 21 addresses. According to our analysis of all the public data, 1, Castle Street, Morpeth is the 14th largest and the 14th most expensive property on the street.
When compared to the postcode district it is £112k less expensive than the average property in NE61.
1, Castle Street, Morpeth has an Energy Performance Rating (EPC) of D. This is based on the most recent assessment, dated 24 Sep 2019.
The property is connected to mains gas and has fully double glazed windows. It is heated using a boiler and radiators.
The closest station to 1, Castle Street, Morpeth is Morpeth station which is 400 m 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, Castle Street, Morpeth, 32.5% of property is privately owned with a mortgage and 31.7% 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, Castle Street, Morpeth, 15.6% of residents are recorded as possessing school level qualifications and 35.4% 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, Castle Street, Morpeth, the average age was 48.3 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, Castle Street, Morpeth, 0.4% 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, Castle Street, Morpeth, there are an average of 1.2 cars per household.
See below for how this compares to North East and the rest of England & Wales.