According to the public record, 11, Cheviot Lodge, Morpeth is a leasehold house.
By comparing it to neighbours, we estimate that it is a mid-century house with 1,407 ft2 of internal area and sits on a 460 m2 plot and a garden.
Houses of this size in this area normally have 4 bedrooms.
Cheviot Lodge, Longframlington, Morpeth, NE65 is located within the NE65 postal district.
11, Cheviot Lodge, Morpeth has 3 entries in the Land Registry database, most recently in November 2007 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 11 Cheviot Lodge Morpeth as £310,191 and the rental value as £1,276 per month giving an expected gross yield of 4.9%.
Over the last 12 months the sale value of 11 Cheviot Lodge Morpeth has decreased by £4,923 (1.6%) and its rental value has increased by £53 per month (4.2%).
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, Cheviot Lodge, Morpeth is in very good condition we estimate a sale value of £325,701 and rental value of £1,340 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £288,478 and a rental value of £1,187 per month.
If you were able to purchase this property for the estimated value of £310,191, and assuming a 25 year repayment term, a 15% deposit and a fixed rate of 4.89%, your monthly repayments would be £1,524 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, Cheviot Lodge, Morpeth sits on a plot of 460m2.
We have plot size data on 37 out of 44 other houses in the postcode and 11, Cheviot Lodge, Morpeth sits on the 6th largest plot.
According to HM Land Registry, 11, Cheviot Lodge, Morpeth was last sold on 09 Nov 2007 for £258,000 and was recorded as a leasehold house.
The property has had 3 sales since 1995.
Since Nov 2007, the market for similar properties has risen 42.9%
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to 11, Cheviot Lodge, Morpeth within a radius of 6.1 kilometres over the last 2 years.
The most recent example is 37, Cheviot Lodge, Morpeth, NE65 8BG, a Leasehold house which sold for £295,000 in Nov 2023.
Read more about house prices in NE65.
*Nearby is defined as the radius comprising the nearest 2,000 addresses.
Cheviot Lodge, Longframlington, Morpeth, NE65 has a total of 44 addresses. According to our analysis of all the public data, 11, Cheviot Lodge, Morpeth is the 12th largest and the 12th most expensive property on the street.
When compared to the postcode district it is £35k more expensive than the average property in NE65.
The closest station to 11, Cheviot Lodge, Morpeth is Acklington station which is 9.6 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 11, Cheviot Lodge, Morpeth, 65.6% of property is privately owned outright and 16.9% is socially rented.
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, Cheviot Lodge, Morpeth, 11.8% of residents are recorded as possessing school level qualifications and 41.2% 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, Cheviot Lodge, Morpeth, the average age was 50.7 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 11, Cheviot Lodge, 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 11, Cheviot Lodge, Morpeth, there are an average of 1.4 cars per household.
See below for how this compares to North East and the rest of England & Wales.