According to the public record, 1, Norham Drive, Morpeth is a modern freehold house with 1,205 ft2 of internal area.
Houses of this size in this area normally have 4 bedrooms with a garden.
Norham Drive, Amble, Morpeth, NE65 is located within the NE65 postal district.
1, Norham Drive, Morpeth has a single entry in the Land Registry database from November 2015 and a single entry in the EPC database dated October 2015.
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 Norham Drive Morpeth as £225,032 and the rental value as £1,204 per month giving an expected gross yield of 6.4%.
Over the last 12 months the sale value of 1 Norham Drive Morpeth has decreased by £563 (0.3%) and its rental value has increased by £62 per month (5.1%).
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, Norham Drive, Morpeth is in very good condition we estimate a sale value of £236,283 and rental value of £1,264 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £209,279 and a rental value of £1,120 per month.
If you were able to purchase this property for the estimated value of £225,032, and assuming a 25 year repayment term, a 15% deposit and a fixed rate of 4.89%, your monthly repayments would be £1,106 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 HM Land Registry, 1, Norham Drive, Morpeth was last sold on 27 Nov 2015 for £182,950 and was recorded as a leasehold house.
The property has only had this single sale since 1995.
Since Nov 2015, the market for similar properties has risen 43.5%
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to 1, Norham Drive, Morpeth within a radius of 840 metres over the last 2 years.
The most recent example is 11, Norham Drive, Morpeth, NE65 0GU, a Freehold house which sold for £190,950 in Jul 2019.
Read more about house prices in NE65.
*Nearby is defined as the radius comprising the nearest 2,000 addresses.
Norham Drive, Amble, Morpeth, NE65 has a total of 39 addresses. According to our analysis of all the public data, 1, Norham Drive, Morpeth is the 4th largest and the 6th most expensive property on the street.
When compared to the postcode district it is £50k less expensive than the average property in NE65.
1, Norham Drive, Morpeth has an Energy Performance Rating (EPC) of C. This is based on the most recent assessment, dated 09 Oct 2015.
The property is not connected to mains gas and has fully double glazed windows. It is heated using a boiler and radiators.
The closest station to 1, Norham Drive, Morpeth is Acklington station which is 4.7 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, Norham Drive, Morpeth, 32.0% of property is privately owned outright and 24.3% 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, Norham Drive, Morpeth, 18.1% of residents are recorded as possessing school level qualifications and 23.0% 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, Norham Drive, 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, Norham Drive, 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, Norham Drive, 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.