According to the public record, 2, Admiral Close, Morpeth is a modern house with 3,584 ft2 of internal area and sits on a 1,113 m2 plot.
Houses of this size in this area normally have 5 bedrooms with a garden.
Admiral Close, Swarland, Morpeth, NE65 is located within the NE65 postal district.
2, Admiral Close, Morpeth has no recent1 records in the Land Registry database and a single entry in the EPC database dated July 2020.
We combine this information with public data 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 2 Admiral Close Morpeth as £701,291 and the rental value as £2,206 per month giving an expected gross yield of 3.8%.
Over the last 12 months the sale value of 2 Admiral Close Morpeth has decreased by £13,568 (1.9%) and its rental value has increased by £79 per month (3.6%).
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 2, Admiral Close, Morpeth is in very good condition we estimate a sale value of £736,355 and rental value of £2,316 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £652,200 and a rental value of £2,052 per month.
If you were able to purchase this property for the estimated value of £701,291, and assuming a 25 year repayment term, a 15% deposit and a fixed rate of 4.89%, your monthly repayments would be £3,447 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, 2, Admiral Close, Morpeth sits on a plot of 1113m2.
We have plot size data on 3 out of 4 other houses in the postcode and 2, Admiral Close, Morpeth sits on the 2nd largest plot.
According to HM Land Registry, 2, Admiral Close, Morpeth was last sold on 21 Dec 2005 for £200,000 and was recorded as a freehold house.
The property has only had this single sale since 1995.
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to 2, Admiral Close, Morpeth within a radius of 5.2 kilometres over the last 2 years.
The most recent example is Roxburgh House, Kenmore Road, Morpeth, NE65 9JS, a Freehold house which sold for £615,000 in Aug 2022.
Read more about house prices in NE65.
*Nearby is defined as the radius comprising the nearest 2,000 addresses.
Admiral Close, Swarland, Morpeth, NE65 has a total of 4 addresses. According to our analysis of all the public data, 2, Admiral Close, Morpeth is the largest and the most expensive property on the street.
When compared to the postcode district it is £426k more expensive than the average property in NE65.
2, Admiral Close, Morpeth has an Energy Performance Rating (EPC) of C. This is based on the most recent assessment, dated 01 Jul 2020.
The property is not connected to mains gas and has fully double glazed windows. It is heated using an oil fired boiler and radiators.
The closest station to 2, Admiral Close, 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 2, Admiral Close, Morpeth, 71.3% of property is privately owned outright and 23.8% 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 2, Admiral Close, Morpeth, 9.8% of residents are recorded as possessing school level qualifications and 47.4% 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 2, Admiral Close, 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 2, Admiral Close, 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 2, Admiral Close, Morpeth, there are an average of 1.8 cars per household.
See below for how this compares to North East and the rest of England & Wales.