According to the public record, 11, Chathill Close, Morpeth is a modern leasehold house with 2,927 ft2 of internal area and sits on a 925 m2 plot.
Houses of this size in this area normally have 5 bedrooms with a garden.
Chathill Close, Morpeth, NE61 is located within the NE61 postal district.
11, Chathill Close, Morpeth has a single entry in the Land Registry database from October 2015 and a single entry in the EPC database dated March 2024.
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 11 Chathill Close Morpeth as £549,162 and the rental value as £1,783 per month giving an expected gross yield of 3.9%.
Over the last 12 months the sale value of 11 Chathill Close Morpeth has decreased by £10,724 (2.0%) and its rental value has increased by £82 per month (4.6%).
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 11, Chathill Close, Morpeth is in very good condition we estimate a sale value of £576,620 and rental value of £1,872 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £510,721 and a rental value of £1,658 per month.
If you were able to purchase this property for the estimated value of £549,162, and assuming a 25 year repayment term, a 15% deposit and a fixed rate of 4.89%, your monthly repayments would be £2,699 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, 11, Chathill Close, Morpeth sits on a plot of 925m2.
We have plot size data on 12 out of 14 other houses in the postcode and 11, Chathill Close, Morpeth sits on the largest plot.
According to HM Land Registry, 11, Chathill Close, Morpeth was last sold on 19 Oct 2015 for £410,000 and was recorded as a leasehold house.
The property has only had this single sale since 1995.
Since Oct 2015, the market for similar properties has risen 27.5%
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to 11, Chathill Close, Morpeth within a radius of 710 metres over the last 2 years.
The most recent example is 26, Loansdean Wood, Morpeth, NE61 2FB, a Leasehold house which sold for £610,000 in Aug 2023.
Read more about house prices in NE61.
*Nearby is defined as the radius comprising the nearest 2,000 addresses.
Chathill Close, Morpeth, NE61 has a total of 14 addresses. According to our analysis of all the public data, 11, Chathill Close, Morpeth is the largest and the most expensive property on the street.
When compared to the postcode district it is £290k more expensive than the average property in NE61.
11, Chathill Close, Morpeth has an Energy Performance Rating (EPC) of B. This is based on the most recent assessment, dated 28 Mar 2024.
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 11, Chathill Close, Morpeth is Morpeth station which is 900 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 11, Chathill Close, Morpeth, 60.2% of property is privately owned outright and 34.8% 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 11, Chathill Close, Morpeth, 15.0% of residents are recorded as possessing school level qualifications and 44.4% 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 11, Chathill Close, 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 11, Chathill Close, Morpeth, 2.2% 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 11, Chathill Close, Morpeth, there are an average of 1.5 cars per household.
See below for how this compares to North East and the rest of England & Wales.