According to the public record, 22, Ghyll Edge, Morpeth is a mid-century freehold house with 1,722 ft2 of internal area and sits on a 358 m2 plot.
Houses of this size in this area normally have 4 bedrooms with a garden.
Ghyll Edge, Morpeth, NE61 is located within the NE61 postal district.
22, Ghyll Edge, Morpeth has 2 entries in the Land Registry database, most recently in September 2020 and a single entry in the EPC database dated June 2020.
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 22 Ghyll Edge Morpeth as £418,966 and the rental value as £1,325 per month giving an expected gross yield of 3.8%.
Over the last 12 months the sale value of 22 Ghyll Edge Morpeth has decreased by £8,311 (2.0%) and its rental value has increased by £61 per month (4.6%).
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 22, Ghyll Edge, Morpeth is in very good condition we estimate a sale value of £439,915 and rental value of £1,391 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £389,639 and a rental value of £1,232 per month.
If you were able to purchase this property for the estimated value of £418,966, and assuming a 25 year repayment term, a 15% deposit and a fixed rate of 4.89%, your monthly repayments would be £2,059 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, 22, Ghyll Edge, Morpeth sits on a plot of 358m2.
We have plot size data on 23 out of 44 other houses in the postcode and 22, Ghyll Edge, Morpeth sits on the 21st largest plot.
According to HM Land Registry, 22, Ghyll Edge, Morpeth was last sold on 11 Sep 2020 for £318,000 and was recorded as a freehold house.
The property has had 2 sales since 1995.
Since Sep 2020, the market for similar properties has risen 9.4%
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to 22, Ghyll Edge, Morpeth within a radius of 1.2 kilometres over the last 2 years.
The most recent example is 17, Brumell Drive, Morpeth, NE61 3RB, a Freehold house which sold for £370,000 in Sep 2023.
Read more about house prices in NE61.
*Nearby is defined as the radius comprising the nearest 2,000 addresses.
Ghyll Edge, Morpeth, NE61 has a total of 44 addresses. According to our analysis of all the public data, 22, Ghyll Edge, Morpeth is the 5th largest and the 5th most expensive property on the street.
When compared to the postcode district it is £160k more expensive than the average property in NE61.
22, Ghyll Edge, Morpeth has an Energy Performance Rating (EPC) of C. This is based on the most recent assessment, dated 09 Jun 2020.
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 22, Ghyll Edge, Morpeth is Morpeth station which is 2.1 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 22, Ghyll Edge, Morpeth, 66.7% of property is privately owned outright and 30.2% 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 22, Ghyll Edge, Morpeth, 15.5% of residents are recorded as possessing school level qualifications and 55.3% 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 22, Ghyll Edge, Morpeth, the average age was 47.5 and the most common age was 72.
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 22, Ghyll Edge, Morpeth, 1.3% 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 22, Ghyll Edge, Morpeth, there are an average of 1.7 cars per household.
See below for how this compares to North East and the rest of England & Wales.