According to the public record, 13, Panhaven Road, Morpeth is a period leasehold apartment with 1,173 ft2 of internal area.
Apartments of this size in this area normally have 3 bedrooms with a garden.
Panhaven Road, Amble, Morpeth, NE65 is located within the NE65 postal district.
13, Panhaven Road, Morpeth has 21 entries in the Land Registry database, most recently in February 2008 and a single entry in the EPC database dated November 2013.
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 reasonable condition, we estimate the current sale value for 13 Panhaven Road Morpeth as £152,635 and the rental value as £1,064 per month giving an expected gross yield of 8.4%.
Over the last 12 months the sale value of 13 Panhaven Road Morpeth has increased by £228 (0.1%) and its rental value has increased by £59 per month (5.6%).
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 13, Panhaven Road, Morpeth is in very good condition we estimate a sale value of £160,267 and rental value of £1,117 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £141,950 and a rental value of £989 per month.
If you were able to purchase this property for the estimated value of £152,635, and assuming a 25 year repayment term, a 15% deposit and a fixed rate of 4.89%, your monthly repayments would be £750 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, 13, Panhaven Road, Morpeth was last sold on 20 Feb 2008 for £105,000 and was recorded as a leasehold flat.
The property has had 2 sales since 1995.
Since Feb 2008, the market for similar properties has risen 22.9%
According to the Land Registry and our network of Estate Agents, there have been 3 property sales within a 840 metres radius of 13, Panhaven Road, Morpeth over the last 2 years.
The most recent example is 15, Panhaven Road, Morpeth, NE65 0BD, a Leasehold flat which sold for £72,500 in Aug 2015.
Read more about house prices in NE65.
Panhaven Road, Amble, Morpeth, NE65 has a total of 30 addresses. According to our analysis of all the public data, 13, Panhaven Road, Morpeth is the 11th largest and the 26th most expensive property on the street.
When compared to the postcode district it is £123k less expensive than the average property in NE65.
13, Panhaven Road, Morpeth has an Energy Performance Rating (EPC) of D. This is based on the most recent assessment, dated 22 Nov 2013.
The property is connected to mains gas and has fully double glazed windows. It is heated using a boiler and radiators.
The closest station to 13, Panhaven Road, Morpeth is Acklington station which is 5.8 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 13, Panhaven Road, Morpeth, 66.3% of property is privately owned outright and 15.7% 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 13, Panhaven Road, Morpeth, 12.3% of residents are recorded as possessing school level qualifications and 27.1% 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 13, Panhaven Road, Morpeth, the average age was 48 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 13, Panhaven Road, 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 13, Panhaven Road, Morpeth, there are an average of 1.2 cars per household.
See below for how this compares to North East and the rest of England & Wales.