According to the public record, 10 The Fairway, Morpeth is a freehold house.
By comparing it to neighbours, we estimate that it is a period house with 1,204 ft2 of internal area and sits on a 444 m2 plot and a garden.
Houses of this size in this area normally have 4 bedrooms.
High Hauxley, Morpeth, NE65 is located within the NE65 postal district.
10 The Fairway, Morpeth has 41 entries in the Land Registry database, most recently in December 2019 and no records in the EPC database.
We combine this sold price information with public data of neighbouring properties to estimate the attributes and values.
Based on public information available, and assuming the property is in reasonable condition, we estimate the current sale value for 10 The Fairway Morpeth as £423,390 and the rental value as £1,408 per month giving an expected gross yield of 4%.
Over the last 12 months the sale value of 10 The Fairway Morpeth has decreased by £1,059 (0.3%) and its rental value has increased by £72 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 10 The Fairway, Morpeth is in very good condition we estimate a sale value of £444,560 and rental value of £1,478 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £393,753 and a rental value of £1,309 per month.
If you were able to purchase this property for the estimated value of £423,390, and assuming a 25 year repayment term, a 15% deposit and a fixed rate of 4.89%, your monthly repayments would be £2,081 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, 10 The Fairway, Morpeth sits on a plot of 444m2.
We have plot size data on 12 out of 23 other houses in the postcode and 10 The Fairway, Morpeth sits on the 8th largest plot.
According to HM Land Registry, 10 The Fairway, Morpeth was last sold on 13 Dec 2019 for £300,000 and was recorded as a freehold house.
The property has had 4 sales since 1995.
Since Dec 2019, the market for similar properties has risen 29.4%
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to 10 The Fairway, Morpeth within a radius of 1.8 kilometres over the last 2 years.
The most recent example is 2 The Fairway, Morpeth, NE65 0JW, a Freehold house which sold for £320,000 in Jul 2022.
Read more about house prices in NE65.
*Nearby is defined as the radius comprising the nearest 2,000 addresses.
High Hauxley, Morpeth, NE65 has a total of 42 addresses. According to our analysis of all the public data, 10 The Fairway, Morpeth is the 15th largest and the 14th most expensive property on the street.
When compared to the postcode district it is £148k more expensive than the average property in NE65.
The closest station to 10 The Fairway, Morpeth is Acklington station which is 5.9 kilometres away.