According to the public record, 1 The Elms, Morpeth is a period freehold house with 1,227 ft2 of internal area and sits on a 876 m2 plot.
Houses of this size in this area normally have 4 bedrooms with a garden.
Longframlington, Morpeth, NE65 is located within the NE65 postal district.
1 The Elms, Morpeth has 21 entries in the Land Registry database, most recently in November 2018 and a single entry in the EPC database dated July 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 The Elms Morpeth as £339,984 and the rental value as £1,326 per month giving an expected gross yield of 4.7%.
Over the last 12 months the sale value of 1 The Elms Morpeth has decreased by £5,396 (1.6%) and its rental value has increased by £56 per month (4.2%).
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 Elms, Morpeth is in very good condition we estimate a sale value of £356,983 and rental value of £1,393 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £316,185 and a rental value of £1,233 per month.
If you were able to purchase this property for the estimated value of £339,984, and assuming a 25 year repayment term, a 15% deposit and a fixed rate of 4.89%, your monthly repayments would be £1,671 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 The Elms, Morpeth sits on a plot of 876m2.
According to HM Land Registry, 1 The Elms, Morpeth was last sold on 30 Nov 2018 for £287,500 and was recorded as a freehold house.
The property has had 2 sales since 1995.
Since Nov 2018, the market for similar properties has risen 28.5%
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to 1 The Elms, Morpeth within a radius of 6.0 kilometres over the last 2 years.
The most recent example is 5, Simonside Drive, Morpeth, NE65 8BQ, a Freehold house which sold for £285,000 in Nov 2023.
Read more about house prices in NE65.
*Nearby is defined as the radius comprising the nearest 2,000 addresses.
Longframlington, Morpeth, NE65 has a total of 213 addresses. According to our analysis of all the public data, 1 The Elms, Morpeth is the 136th largest and the 130th most expensive property on the street.
When compared to the postcode district it is £65k more expensive than the average property in NE65.
1 The Elms, Morpeth has an Energy Performance Rating (EPC) of F. This is based on the most recent assessment, dated 05 Jul 2018.
The property is not connected to mains gas and has fully double glazed windows. It is heated using an LPG fired boiler and radiators.
The closest station to 1 The Elms, 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 Elms, Morpeth, 51.4% of property is privately owned outright and 39.6% 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 The Elms, Morpeth, 14.1% of residents are recorded as possessing school level qualifications and 50.0% 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 The Elms, 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 Elms, Morpeth, 1.7% 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 Elms, Morpeth, there are an average of 1.7 cars per household.
See below for how this compares to North East and the rest of England & Wales.