According to the public record, 19, Howard Terrace, Morpeth is a period leasehold apartment with 1,070 ft2 of internal area.
Apartments of this size in this area normally have 3 bedrooms with a garden.
Howard Terrace, Morpeth, NE61 is located within the NE61 postal district.
19, Howard Terrace, Morpeth has 31 entries in the Land Registry database, most recently in May 2017 and a single entry in the EPC database dated March 2011.
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 19 Howard Terrace Morpeth as £261,691 and the rental value as £1,421 per month giving an expected gross yield of 6.5%.
Over the last 12 months the sale value of 19 Howard Terrace Morpeth has increased by £1,327 (0.5%) and its rental value has increased by £103 per month (7.2%).
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 19, Howard Terrace, Morpeth is in very good condition we estimate a sale value of £274,775 and rental value of £1,492 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £243,372 and a rental value of £1,322 per month.
If you were able to purchase this property for the estimated value of £261,691, and assuming a 25 year repayment term, a 15% deposit and a fixed rate of 4.89%, your monthly repayments would be £1,286 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, 19, Howard Terrace, Morpeth was last sold on 25 May 2017 for £228,500 and was recorded as a leasehold flat.
The property has had 3 sales since 1995.
Since May 2017, the market for similar properties has risen 17.4%
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to 19, Howard Terrace, Morpeth within a radius of 620 metres over the last 2 years.
The most recent example is 3 Pethgate Court, Castle Square, Morpeth, NE61 1YL, a Leasehold flat which sold for £285,000 in Mar 2023.
Read more about house prices in NE61.
*Nearby is defined as the radius comprising the nearest 2,000 addresses.
Howard Terrace, Morpeth, NE61 has a total of 22 addresses. According to our analysis of all the public data, 19, Howard Terrace, Morpeth is the 21st largest and the 21st most expensive property on the street.
When compared to the postcode district it is £3k more expensive than the average property in NE61.
19, Howard Terrace, Morpeth has an Energy Performance Rating (EPC) of E. This is based on the most recent assessment, dated 11 Mar 2011.
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 19, Howard Terrace, Morpeth is Morpeth station which is 900 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 19, Howard Terrace, Morpeth, 48.4% of property is privately owned outright and 25.0% 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 19, Howard Terrace, Morpeth, 15.6% of residents are recorded as possessing school level qualifications and 54.4% 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 19, Howard Terrace, 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 19, Howard Terrace, Morpeth, 1.5% 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 19, Howard Terrace, 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.