According to the public record, 21, Bamburgh Drive, Morpeth is a mid-century freehold house with 893 ft2 of internal area and sits on a 226 m2 plot.
Houses of this size in this area normally have 3 bedrooms with a garden.
Bamburgh Drive, Pegswood, Morpeth, NE61 is located within the NE61 postal district.
21, Bamburgh Drive, Morpeth has 41 entries in the Land Registry database, most recently in July 2023 and a single entry in the EPC database dated October 2014.
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 21 Bamburgh Drive Morpeth as £152,490 and the rental value as £894 per month giving an expected gross yield of 7%.
Over the last 12 months the sale value of 21 Bamburgh Drive Morpeth has increased by £3,373 (2.2%) and its rental value has increased by £82 per month (9.1%).
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 21, Bamburgh Drive, Morpeth is in very good condition we estimate a sale value of £160,115 and rental value of £938 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £141,816 and a rental value of £831 per month.
If you were able to purchase this property for the estimated value of £152,490, and assuming a 25 year repayment term, a 15% deposit and a fixed rate of 4.89%, your monthly repayments would be £749 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, 21, Bamburgh Drive, Morpeth sits on a plot of 226m2.
We have plot size data on 45 out of 47 other houses in the postcode and 21, Bamburgh Drive, Morpeth sits on the 16th largest plot.
According to HM Land Registry, 21, Bamburgh Drive, Morpeth was last sold on 21 Jul 2023 for £140,000 and was recorded as a freehold house.
The property has had 4 sales since 1995.
Since Jul 2023, the market for similar properties has risen 2.4%
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to 21, Bamburgh Drive, Morpeth within a radius of 2.3 kilometres over the last 2 years.
The most recent example is 38, Bamburgh Drive, Morpeth, NE61 6TT, a Leasehold house which sold for £160,000 in Nov 2023.
Read more about house prices in NE61.
*Nearby is defined as the radius comprising the nearest 2,000 addresses.
Bamburgh Drive, Pegswood, Morpeth, NE61 has a total of 61 addresses. According to our analysis of all the public data, 21, Bamburgh Drive, Morpeth is the 16th largest and the 8th most expensive property on the street.
When compared to the postcode district it is £106k less expensive than the average property in NE61.
21, Bamburgh Drive, Morpeth has an Energy Performance Rating (EPC) of C. This is based on the most recent assessment, dated 09 Oct 2014.
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 21, Bamburgh Drive, Morpeth is Pegswood station which is 300 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 21, Bamburgh Drive, Morpeth, 28.5% of property is privately rented and 25.2% 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 21, Bamburgh Drive, Morpeth, 9.3% 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 21, Bamburgh Drive, 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 21, Bamburgh Drive, Morpeth, 1.4% 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 21, Bamburgh Drive, 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.