According to the public record, 22, Stobhill Villas, Morpeth is a mid-century freehold house with 1,679 ft2 of internal area and sits on a 378 m2 plot.
Houses of this size in this area normally have 4 bedrooms with a garden.
Stobhill Villas, Morpeth, NE61 is located within the NE61 postal district.
22, Stobhill Villas, Morpeth has a single entry in the Land Registry database from January 2006 and a single entry in the EPC database dated July 2017.
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 Stobhill Villas Morpeth as £323,370 and the rental value as £1,233 per month giving an expected gross yield of 4.6%.
Over the last 12 months the sale value of 22 Stobhill Villas Morpeth has decreased by £6,024 (1.9%) and its rental value has increased by £58 per month (4.7%).
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, Stobhill Villas, Morpeth is in very good condition we estimate a sale value of £339,539 and rental value of £1,294 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £300,734 and a rental value of £1,146 per month.
If you were able to purchase this property for the estimated value of £323,370, and assuming a 25 year repayment term, a 15% deposit and a fixed rate of 4.89%, your monthly repayments would be £1,589 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, Stobhill Villas, Morpeth sits on a plot of 378m2.
We have plot size data on 22 out of 42 other houses in the postcode and 22, Stobhill Villas, Morpeth sits on the 7th largest plot.
According to HM Land Registry, 22, Stobhill Villas, Morpeth was last sold on 06 Jan 2006 for £215,000 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 22, Stobhill Villas, Morpeth within a radius of 620 metres over the last 2 years.
The most recent example is 19, High Park, Morpeth, NE61 2TA, a Freehold house which sold for £280,000 in Jun 2023.
Read more about house prices in NE61.
*Nearby is defined as the radius comprising the nearest 2,000 addresses.
Stobhill Villas, Morpeth, NE61 has a total of 42 addresses. According to our analysis of all the public data, 22, Stobhill Villas, Morpeth is the 4th largest and the 4th most expensive property on the street.
When compared to the postcode district it is £64k more expensive than the average property in NE61.
22, Stobhill Villas, Morpeth has an Energy Performance Rating (EPC) of D. This is based on the most recent assessment, dated 12 Jul 2017.
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, Stobhill Villas, Morpeth is Morpeth station which is 200 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 22, Stobhill Villas, Morpeth, 67.7% of property is privately owned outright and 22.3% 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, Stobhill Villas, Morpeth, 12.1% of residents are recorded as possessing school level qualifications and 50.0% 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 22, Stobhill Villas, 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 22, Stobhill Villas, Morpeth, 2.0% 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 22, Stobhill Villas, Morpeth, there are an average of 1.6 cars per household.
See below for how this compares to North East and the rest of England & Wales.