According to the public record, 1, Croome Gardens, Morpeth is a modern house with 1,840 ft2 of internal area and sits on a 472 m2 plot.
Houses of this size in this area normally have 4 bedrooms with a garden.
Croome Gardens, Pegswood, Morpeth, NE61 is located within the NE61 postal district.
1, Croome Gardens, Morpeth has no recent1 records in the Land Registry database and a single entry in the EPC database dated June 2015.
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 Croome Gardens Morpeth as £327,216 and the rental value as £1,297 per month giving an expected gross yield of 4.8%.
Over the last 12 months the sale value of 1 Croome Gardens Morpeth has decreased by £3,351 (1.0%) and its rental value has increased by £75 per month (5.7%).
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, Croome Gardens, Morpeth is in very good condition we estimate a sale value of £343,577 and rental value of £1,362 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £304,311 and a rental value of £1,206 per month.
If you were able to purchase this property for the estimated value of £327,216, and assuming a 25 year repayment term, a 15% deposit and a fixed rate of 4.89%, your monthly repayments would be £1,608 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, Croome Gardens, Morpeth sits on a plot of 472m2.
We have plot size data on 14 out of 24 other houses in the postcode and 1, Croome Gardens, Morpeth sits on the 2nd largest plot.
According to HM Land Registry, 1, Croome Gardens, Morpeth was last sold on 06 Dec 2002 for £124,950 and was recorded as a freehold house.
The property has only had this single sale since 1995.
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to 1, Croome Gardens, Morpeth within a radius of 2.3 kilometres over the last 2 years.
The most recent example is 4, Longhirst Court, Morpeth, NE61 6HX, a Freehold house which sold for £315,000 in Apr 2021.
Read more about house prices in NE61.
*Nearby is defined as the radius comprising the nearest 2,000 addresses.
Croome Gardens, Pegswood, Morpeth, NE61 has a total of 24 addresses. According to our analysis of all the public data, 1, Croome Gardens, Morpeth is the 2nd largest and the 2nd most expensive property on the street.
When compared to the postcode district it is £68k more expensive than the average property in NE61.
1, Croome Gardens, Morpeth has an Energy Performance Rating (EPC) of E. This is based on the most recent assessment, dated 12 Jun 2015.
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, Croome Gardens, Morpeth is Pegswood station which is 500 metres 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, Croome Gardens, Morpeth, 44.2% of property is privately owned with a mortgage and 40.8% 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, Croome Gardens, Morpeth, 19.3% of residents are recorded as possessing school level qualifications and 37.7% 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, Croome Gardens, Morpeth, the average age was 45.1 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, Croome Gardens, Morpeth, 0.6% 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, Croome Gardens, Morpeth, there are an average of 1.6 cars per household.
See below for how this compares to North East and the rest of England & Wales.