According to the public record, 10, Middlegate, Morpeth is a early-century freehold house with 1,044 ft2 of internal area and sits on a 213 m2 plot.
Houses of this size in this area normally have 3 bedrooms with a garden.
Middlegate, Loansdean, Morpeth, NE61 is located within the NE61 postal district.
10, Middlegate, Morpeth has a single entry in the Land Registry database from July 2015 and a single entry in the EPC database dated October 2014.
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 Middlegate Morpeth as £279,395 and the rental value as £1,165 per month giving an expected gross yield of 5%.
Over the last 12 months the sale value of 10 Middlegate Morpeth has decreased by £2,298 (0.8%) and its rental value has increased by £68 per month (5.9%).
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, Middlegate, Morpeth is in very good condition we estimate a sale value of £293,364 and rental value of £1,223 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £259,837 and a rental value of £1,083 per month.
If you were able to purchase this property for the estimated value of £279,395, and assuming a 25 year repayment term, a 15% deposit and a fixed rate of 4.89%, your monthly repayments would be £1,373 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, Middlegate, Morpeth sits on a plot of 213m2.
We have plot size data on 15 out of 36 other houses in the postcode and 10, Middlegate, Morpeth sits on the 6th largest plot.
According to HM Land Registry, 10, Middlegate, Morpeth was last sold on 27 Jul 2015 for £229,000 and was recorded as a freehold house.
The property has only had this single sale since 1995.
Since Jul 2015, the market for similar properties has risen 29.3%
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to 10, Middlegate, Morpeth within a radius of 860 metres over the last 2 years.
The most recent example is 31, Middlegate, Morpeth, NE61 2DD, a Freehold house which sold for £235,000 in Aug 2023.
Read more about house prices in NE61.
*Nearby is defined as the radius comprising the nearest 2,000 addresses.
Middlegate, Loansdean, Morpeth, NE61 has a total of 36 addresses. According to our analysis of all the public data, 10, Middlegate, Morpeth is the 16th largest and the 18th most expensive property on the street.
When compared to the postcode district it is £20k more expensive than the average property in NE61.
10, Middlegate, Morpeth has an Energy Performance Rating (EPC) of D. This is based on the most recent assessment, dated 15 Oct 2014.
The property is connected to mains gas and has fully double glazed windows. It is heated using a boiler and radiators.
The closest station to 10, Middlegate, Morpeth is Morpeth station which is 1.1 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 10, Middlegate, Morpeth, 48.8% of property is privately owned outright and 43.8% 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, Middlegate, Morpeth, 19.9% of residents are recorded as possessing school level qualifications and 68.0% 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, Middlegate, Morpeth, the average age was 47.5 and the most common age was 72.
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, Middlegate, Morpeth, 2.3% 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, Middlegate, 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.