According to the public record, 11, Rectory Park, Morpeth is a freehold house.
By comparing it to neighbours, we estimate that it is a mid-century house with 1,618 ft2 of internal area and a garden.
Houses of this size in this area normally have 4 bedrooms.
Rectory Park, Deuchar Park, Morpeth, NE61 is located within the NE61 postal district.
11, Rectory Park, Morpeth has 21 entries in the Land Registry database, most recently in October 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 Rectory Park Morpeth as £425,180 and the rental value as £1,277 per month giving an expected gross yield of 3.6%.
Over the last 12 months the sale value of 11 Rectory Park Morpeth has decreased by £8,132 (1.9%) and its rental value has increased by £60 per month (4.7%).
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, Rectory Park, Morpeth is in very good condition we estimate a sale value of £446,439 and rental value of £1,341 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £395,417 and a rental value of £1,188 per month.
If you were able to purchase this property for the estimated value of £425,180, and assuming a 25 year repayment term, a 15% deposit and a fixed rate of 4.89%, your monthly repayments would be £2,090 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, 11, Rectory Park, Morpeth was last sold on 26 Oct 2007 for £366,500 and was recorded as a freehold house.
The property has had 2 sales since 1995.
Since Oct 2007, the market for similar properties has risen 30.3%
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to 11, Rectory Park, Morpeth within a radius of 680 metres over the last 2 years.
The most recent example is 7, Rectory Park, Morpeth, NE61 2SZ, a Freehold house which sold for £455,000 in Jul 2024.
Read more about house prices in NE61.
*Nearby is defined as the radius comprising the nearest 2,000 addresses.
Rectory Park, Deuchar Park, Morpeth, NE61 has a total of 29 addresses. According to our analysis of all the public data, 11, Rectory Park, Morpeth is the 11th largest and the 10th most expensive property on the street.
When compared to the postcode district it is £166k more expensive than the average property in NE61.
The closest station to 11, Rectory Park, Morpeth is Morpeth station which is 500 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, Rectory Park, Morpeth, 59.9% of property is privately owned outright and 31.7% 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 11, Rectory Park, Morpeth, 16.4% of residents are recorded as possessing school level qualifications and 46.9% 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, Rectory Park, 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, Rectory Park, Morpeth, 0.5% 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, Rectory Park, 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.