According to the public record, 1, Elmfield Terrace, Morpeth is a period freehold house with 1,410 ft2 of internal area and sits on a 341 m2 plot.
Houses of this size in this area normally have 4 bedrooms with a garden.
Elmfield Terrace, Hampeth, Morpeth, NE65 is located within the NE65 postal district.
1, Elmfield Terrace, Morpeth has 31 entries in the Land Registry database, most recently in November 2008 and a single entry in the EPC database dated August 2018.
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 Elmfield Terrace Morpeth as £194,470 and the rental value as £963 per month giving an expected gross yield of 5.9%.
Over the last 12 months the sale value of 1 Elmfield Terrace Morpeth has increased by £2,787 (1.4%) and its rental value has increased by £69 per month (7.1%).
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, Elmfield Terrace, Morpeth is in very good condition we estimate a sale value of £204,193 and rental value of £1,011 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £180,857 and a rental value of £895 per month.
If you were able to purchase this property for the estimated value of £194,470, and assuming a 25 year repayment term, a 15% deposit and a fixed rate of 4.89%, your monthly repayments would be £956 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, Elmfield Terrace, Morpeth sits on a plot of 341m2.
We have plot size data on 8 out of 9 other houses in the postcode and 1, Elmfield Terrace, Morpeth sits on the 2nd largest plot.
According to HM Land Registry, 1, Elmfield Terrace, Morpeth was last sold on 21 Nov 2008 for £145,000 and was recorded as a freehold house.
The property has had 3 sales since 1995.
Since Nov 2008, the market for similar properties has risen 55.1%
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to 1, Elmfield Terrace, Morpeth within a radius of 5.5 kilometres over the last 2 years.
The most recent example is 3, Elmfield Terrace, Morpeth, NE65 9LQ, a Freehold house which sold for £160,000 in Jan 2019.
Read more about house prices in NE65.
*Nearby is defined as the radius comprising the nearest 2,000 addresses.
Elmfield Terrace, Hampeth, Morpeth, NE65 has a total of 9 addresses. According to our analysis of all the public data, 1, Elmfield Terrace, Morpeth is the 2nd largest and the 2nd most expensive property on the street.
When compared to the postcode district it is £81k less expensive than the average property in NE65.
1, Elmfield Terrace, Morpeth has an Energy Performance Rating (EPC) of E. This is based on the most recent assessment, dated 28 Aug 2018.
The property is not connected to mains gas and has fully double glazed windows. It is heated using an oil fired boiler and radiators.
The closest station to 1, Elmfield Terrace, Morpeth is Acklington station which is 7.0 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, Elmfield Terrace, Morpeth, 48.0% of property is privately owned outright and 27.6% is privately owned with a mortgage.
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, Elmfield Terrace, Morpeth, 14.9% of residents are recorded as possessing school level qualifications and 30.0% 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, Elmfield Terrace, Morpeth, the average age was 48 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, Elmfield Terrace, 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, Elmfield Terrace, Morpeth, there are an average of 1.5 cars per household.
See below for how this compares to North East and the rest of England & Wales.