According to the public record, 112, Fennel Way, Morpeth is a modern freehold house with 1,248 ft2 of internal area and sits on a 330 m2 plot.
Houses of this size in this area normally have 4 bedrooms with a garden.
Fennel Way, Fairmoor Meadows, Morpeth, NE61 is located within the NE61 postal district.
112, Fennel Way, Morpeth has a single entry in the Land Registry database from March 2022 and a single entry in the EPC database dated October 2021.
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 good condition, we estimate the current sale value for 112 Fennel Way Morpeth as £297,473 and the rental value as £1,309 per month giving an expected gross yield of 5.3%.
Over the last 12 months the sale value of 112 Fennel Way Morpeth has decreased by £5,269 (1.8%) and its rental value has increased by £62 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 112, Fennel Way, Morpeth is in very good condition we estimate a sale value of £312,346 and rental value of £1,374 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £276,650 and a rental value of £1,217 per month.
If you were able to purchase this property for the estimated value of £297,473, and assuming a 25 year repayment term, a 15% deposit and a fixed rate of 4.89%, your monthly repayments would be £1,462 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, 112, Fennel Way, Morpeth sits on a plot of 330m2.
We have plot size data on 50 out of 68 other houses in the postcode and 112, Fennel Way, Morpeth sits on the 2nd largest plot.
According to HM Land Registry, 112, Fennel Way, Morpeth was last sold on 31 Mar 2022 for £292,950 and was recorded as a freehold house.
The property has only had this single sale since 1995.
Since Mar 2022, the market for similar properties has risen 2.2%
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to 112, Fennel Way, Morpeth within a radius of 1.9 kilometres over the last 2 years.
The most recent example is 124, Fennel Way, Morpeth, NE61 3FG, a Freehold house which sold for £293,950 in May 2022.
Read more about house prices in NE61.
*Nearby is defined as the radius comprising the nearest 2,000 addresses.
Fennel Way, Fairmoor Meadows, Morpeth, NE61 has a total of 127 addresses. According to our analysis of all the public data, 112, Fennel Way, Morpeth is the 7th largest and the 4th most expensive property on the street.
When compared to the postcode district it is £39k more expensive than the average property in NE61.
112, Fennel Way, Morpeth has an Energy Performance Rating (EPC) of C. This is based on the most recent assessment, dated 22 Oct 2021.
The property is not connected to mains gas and has high performance glazing. It is heated using a boiler and radiators.
The closest station to 112, Fennel Way, Morpeth is Morpeth station which is 2.8 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 112, Fennel Way, Morpeth, 29.4% of property is privately owned outright and 28.8% 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 112, Fennel Way, Morpeth, 13.5% of residents are recorded as possessing school level qualifications and 34.4% 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 112, Fennel Way, Morpeth, the average age was 44.7 and the most common age was 57.
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 112, Fennel Way, Morpeth, 0.9% 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 112, Fennel Way, Morpeth, there are an average of 1.6 cars per household.
See below for how this compares to North East and the rest of England & Wales.