According to the public record, 128, Fennel Way, Morpeth is a modern freehold house with 1,119 ft2 of internal area.
Houses of this size in this area normally have 3 bedrooms with a garden.
Fennel Way, Fairmoor Meadows, Morpeth, NE61 is located within the NE61 postal district.
128, Fennel Way, Morpeth has a single entry in the Land Registry database from April 2019 and a single entry in the EPC database dated March 2019.
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 128 Fennel Way Morpeth as £259,005 and the rental value as £1,174 per month giving an expected gross yield of 5.4%.
Over the last 12 months the sale value of 128 Fennel Way Morpeth has increased by £483 (0.2%) and its rental value has increased by £80 per month (6.8%).
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 128, Fennel Way, Morpeth is in very good condition we estimate a sale value of £271,955 and rental value of £1,232 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £240,875 and a rental value of £1,092 per month.
If you were able to purchase this property for the estimated value of £259,005, and assuming a 25 year repayment term, a 15% deposit and a fixed rate of 4.89%, your monthly repayments would be £1,273 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, 128, Fennel Way, Morpeth was last sold on 30 Apr 2019 for £133,712 and was recorded as a freehold house.
The property has only had this single sale since 1995.
Since Apr 2019, the market for similar properties has risen 24.2%
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to 128, Fennel Way, Morpeth within a radius of 1.9 kilometres over the last 2 years.
The most recent example is 20, Fennel Way, Morpeth, NE61 3FG, a Freehold house which sold for £193,000 in Aug 2023.
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, 128, Fennel Way, Morpeth is the 42nd largest and the 39th most expensive property on the street.
When compared to the postcode district it is £52 more expensive than the average property in NE61.
128, Fennel Way, Morpeth has an Energy Performance Rating (EPC) of B. This is based on the most recent assessment, dated 28 Mar 2019.
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 128, 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 128, 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 128, 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 128, 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 128, 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 128, 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.