According to the public record, 12, Burghley Gardens, Morpeth is a freehold house.
By comparing it to neighbours, we estimate that it is a modern house with 1,099 ft2 of internal area and a garden.
Houses of this size in this area normally have 3 bedrooms.
Burghley Gardens, Pegswood, Morpeth, NE61 is located within the NE61 postal district.
12, Burghley Gardens, Morpeth has 51 entries in the Land Registry database, most recently in November 2006 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 12 Burghley Gardens Morpeth as £182,861 and the rental value as £1,022 per month giving an expected gross yield of 6.7%.
Over the last 12 months the sale value of 12 Burghley Gardens Morpeth has increased by £2,325 (1.3%) and its rental value has increased by £84 per month (8.2%).
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 12, Burghley Gardens, Morpeth is in very good condition we estimate a sale value of £192,004 and rental value of £1,073 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £170,061 and a rental value of £951 per month.
If you were able to purchase this property for the estimated value of £182,861, and assuming a 25 year repayment term, a 15% deposit and a fixed rate of 4.89%, your monthly repayments would be £899 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, 12, Burghley Gardens, Morpeth was last sold on 10 Nov 2006 for £195,000 and was recorded as a freehold house.
The property has had 5 sales since 1995.
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to 12, Burghley Gardens, Morpeth within a radius of 2.2 kilometres over the last 2 years.
The most recent example is 9, Warkworth Drive, Morpeth, NE61 6TD, a Leasehold house which sold for £203,000 in Mar 2024.
Read more about house prices in NE61.
*Nearby is defined as the radius comprising the nearest 2,000 addresses.
Burghley Gardens, Pegswood, Morpeth, NE61 has a total of 31 addresses. According to our analysis of all the public data, 12, Burghley Gardens, Morpeth is the 22nd largest and the 31st most expensive property on the street.
When compared to the postcode district it is £76k less expensive than the average property in NE61.
The closest station to 12, Burghley Gardens, Morpeth is Pegswood station which is 600 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 12, Burghley Gardens, Morpeth, 44.2% of property is privately owned with a mortgage and 40.8% is privately owned outright.
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 12, Burghley Gardens, Morpeth, 19.3% of residents are recorded as possessing school level qualifications and 37.7% 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 12, Burghley Gardens, Morpeth, the average age was 45.1 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 12, Burghley Gardens, Morpeth, 0.6% 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 12, Burghley Gardens, 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.