According to the public record, 20, Staithes Lane, Morpeth is a period freehold house with 785 ft2 of internal area and sits on a 244 m2 plot.
Houses of this size in this area normally have 3 bedrooms with a garden.
Staithes Lane, Morpeth, NE61 is located within the NE61 postal district.
20, Staithes Lane, Morpeth has a single entry in the Land Registry database from October 2023 and a single entry in the EPC database dated February 2023.
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 20 Staithes Lane Morpeth as £186,716 and the rental value as £1,056 per month giving an expected gross yield of 6.8%.
Over the last 12 months the sale value of 20 Staithes Lane Morpeth has increased by £2,970 (1.6%) and its rental value has increased by £89 per month (8.4%).
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 20, Staithes Lane, Morpeth is in very good condition we estimate a sale value of £196,052 and rental value of £1,109 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £173,646 and a rental value of £982 per month.
If you were able to purchase this property for the estimated value of £186,716, and assuming a 25 year repayment term, a 15% deposit and a fixed rate of 4.89%, your monthly repayments would be £918 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, 20, Staithes Lane, Morpeth sits on a plot of 244m2.
We have plot size data on 6 out of 16 other houses in the postcode and 20, Staithes Lane, Morpeth sits on the 2nd largest plot.
According to HM Land Registry, 20, Staithes Lane, Morpeth was last sold on 13 Oct 2023 for £180,000 and was recorded as a freehold house.
The property has only had this single sale since 1995.
Since Oct 2023, the market for similar properties has risen 2.9%
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to 20, Staithes Lane, Morpeth within a radius of 690 metres over the last 2 years.
The most recent example is 26B, Alexandra Road, Morpeth, NE61 1UJ, a Freehold house which sold for £141,500 in Mar 2023.
Read more about house prices in NE61.
*Nearby is defined as the radius comprising the nearest 2,000 addresses.
Staithes Lane, Morpeth, NE61 has a total of 23 addresses. According to our analysis of all the public data, 20, Staithes Lane, Morpeth is the 15th largest and the 18th most expensive property on the street.
When compared to the postcode district it is £72k less expensive than the average property in NE61.
20, Staithes Lane, Morpeth has an Energy Performance Rating (EPC) of D. This is based on the most recent assessment, dated 28 Feb 2023.
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 20, Staithes Lane, Morpeth is Morpeth station which is 700 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 20, Staithes Lane, Morpeth, 42.7% of property is privately owned outright and 26.6% 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 20, Staithes Lane, Morpeth, 11.7% of residents are recorded as possessing school level qualifications and 31.6% 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 20, Staithes Lane, Morpeth, the average age was 48.3 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 20, Staithes Lane, Morpeth, 1.0% 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 20, Staithes Lane, Morpeth, there are an average of 1.0 cars per household.
See below for how this compares to North East and the rest of England & Wales.