According to the public record, 18, Southmead, Morpeth is a modern freehold house with 1,356 ft2 of internal area and sits on a 314 m2 plot.
Houses of this size in this area normally have 4 bedrooms with a garden.
Southmead, Amble, Morpeth, NE65 is located within the NE65 postal district.
18, Southmead, Morpeth has 31 entries in the Land Registry database, most recently in August 2016 and a single entry in the EPC database dated May 2016.
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 18 Southmead Morpeth as £318,357 and the rental value as £1,398 per month giving an expected gross yield of 5.3%.
Over the last 12 months the sale value of 18 Southmead Morpeth has decreased by £796 (0.3%) and its rental value has increased by £72 per month (5.1%).
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 18, Southmead, Morpeth is in very good condition we estimate a sale value of £334,275 and rental value of £1,468 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £296,072 and a rental value of £1,300 per month.
If you were able to purchase this property for the estimated value of £318,357, and assuming a 25 year repayment term, a 15% deposit and a fixed rate of 4.89%, your monthly repayments would be £1,565 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, 18, Southmead, Morpeth sits on a plot of 314m2.
We have plot size data on 11 out of 24 other houses in the postcode and 18, Southmead, Morpeth sits on the 8th largest plot.
According to HM Land Registry, 18, Southmead, Morpeth was last sold on 05 Aug 2016 for £199,950 and was recorded as a freehold house.
The property has had 3 sales since 1995.
Since Aug 2016, the market for similar properties has risen 38.9%
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to 18, Southmead, Morpeth within a radius of 730 metres over the last 2 years.
The most recent example is 7, Southmead, Morpeth, NE65 0WH, a Freehold house which sold for £200,000 in Sep 2018.
Read more about house prices in NE65.
*Nearby is defined as the radius comprising the nearest 2,000 addresses.
Southmead, Amble, Morpeth, NE65 has a total of 24 addresses. According to our analysis of all the public data, 18, Southmead, Morpeth is the 10th largest and the 10th most expensive property on the street.
When compared to the postcode district it is £43k more expensive than the average property in NE65.
18, Southmead, Morpeth has an Energy Performance Rating (EPC) of C. This is based on the most recent assessment, dated 03 May 2016.
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 18, Southmead, Morpeth is Acklington station which is 5.2 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 18, Southmead, Morpeth, 32.0% of property is privately owned outright and 24.3% 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 18, Southmead, Morpeth, 18.1% of residents are recorded as possessing school level qualifications and 23.0% 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 18, Southmead, 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 18, Southmead, 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 18, Southmead, Morpeth, there are an average of 1.1 cars per household.
See below for how this compares to North East and the rest of England & Wales.