According to the public record, 10, Appletree View, Morpeth is a mid-century freehold house with 613 ft2 of internal area.
Houses of this size in this area normally have 3 bedrooms with a garden.
Appletree View, Blossom Park, Pegswood, Morpeth, NE61 is located within the NE61 postal district.
10, Appletree View, Morpeth has a single entry in the Land Registry database from April 2022 and a single entry in the EPC database dated March 2022.
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 10 Appletree View Morpeth as £182,362 and the rental value as £976 per month giving an expected gross yield of 6.4%.
Over the last 12 months the sale value of 10 Appletree View Morpeth has increased by £4,034 (2.2%) and its rental value has increased by £89 per month (9.1%).
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 10, Appletree View, Morpeth is in very good condition we estimate a sale value of £191,480 and rental value of £1,025 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £169,597 and a rental value of £908 per month.
If you were able to purchase this property for the estimated value of £182,362, and assuming a 25 year repayment term, a 15% deposit and a fixed rate of 4.89%, your monthly repayments would be £896 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, 10, Appletree View, Morpeth was last sold on 01 Apr 2022 for £115,995 and was recorded as a freehold house.
The property has only had this single sale since 1995.
Since Apr 2022, the market for similar properties has risen 5.2%
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to 10, Appletree View, Morpeth within a radius of 2.1 kilometres over the last 2 years.
The most recent example is 11, Appletree View, Morpeth, NE61 6FR, a Freehold house which sold for £113,995 in Apr 2022.
Read more about house prices in NE61.
*Nearby is defined as the radius comprising the nearest 2,000 addresses.
Appletree View, Blossom Park, Pegswood, Morpeth, NE61 has a total of 16 addresses. According to our analysis of all the public data, 10, Appletree View, Morpeth is the 16th largest and the 16th most expensive property on the street.
When compared to the postcode district it is £77k less expensive than the average property in NE61.
10, Appletree View, Morpeth has an Energy Performance Rating (EPC) of B. This is based on the most recent assessment, dated 17 Mar 2022.
The property is not connected to mains gas and has high performance glazing. It is heated using a boiler and radiators.
The closest station to 10, Appletree View, Morpeth is Pegswood station which is 800 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 10, Appletree View, Morpeth, 42.1% of property is socially rented and 27.7% 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 10, Appletree View, Morpeth, 19.5% of residents are recorded as possessing school level qualifications and 26.0% 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 10, Appletree View, 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 10, Appletree View, 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 10, Appletree View, 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.