According to the public record, 23, Postern Crescent, Morpeth is a mid-century freehold house and with 828 ft2 of internal area and sits on a 308 m2 plot.
Houses of this size in this area normally have 3 bedrooms with a garden.
Postern Crescent, Morpeth, NE61 is located within the NE61 postal district.
23, Postern Crescent, Morpeth has a single entry in the Land Registry database from January 2023 and no records in the EPC database.
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 23 Postern Crescent Morpeth as £143,720 and the rental value as £860 per month giving an expected gross yield of 7.2%.
Over the last 12 months the sale value of 23 Postern Crescent Morpeth has increased by £2,467 (1.7%) and its rental value has increased by £73 per month (8.5%).
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 23, Postern Crescent, Morpeth is in very good condition we estimate a sale value of £150,906 and rental value of £903 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £133,660 and a rental value of £800 per month.
If you were able to purchase this property for the estimated value of £143,720, and assuming a 25 year repayment term, a 15% deposit and a fixed rate of 4.89%, your monthly repayments would be £706 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, 23, Postern Crescent, Morpeth sits on a plot of 308m2.
We have plot size data on 22 out of 51 other houses in the postcode and 23, Postern Crescent, Morpeth sits on the largest plot.
According to HM Land Registry, 23, Postern Crescent, Morpeth was last sold on 09 Jan 2023 for £100,500 and was recorded as a freehold house.
The property has only had this single sale since 1995.
Since Jan 2023, the market for similar properties has risen 6.3%
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to 23, Postern Crescent, Morpeth within a radius of 56m over the last 2 years.
The most recent example is 48, Postern Crescent, Morpeth, NE61 2JN, a Freehold house which sold for £167,500 in Jun 2024.
Read more about house prices in NE61.
Postern Crescent, Morpeth, NE61 has a total of 52 addresses. According to our analysis of all the public data, 23, Postern Crescent, Morpeth is the 30th largest and the 27th most expensive property on the street.
When compared to the postcode district it is £115k less expensive than the average property in NE61.
23, Postern Crescent, Morpeth has an Energy Performance Rating (EPC) of C. This is based on the most recent assessment, dated 10 Nov 2022.
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 23, Postern Crescent, Morpeth is Morpeth station which is 700 m 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 23, Postern Crescent, Morpeth, 34.7% of property is privately owned with a mortgage and 32.2% is privately owned outright.
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 23, Postern Crescent, Morpeth, 22.0% of residents are recorded as possessing school level qualifications and 27.1% 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 23, Postern Crescent, 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 23, Postern Crescent, Morpeth, 1.5% 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 23, Postern Crescent, Morpeth, there are an average of 1.3 cars per household.
See below for how this compares to North East and the rest of England & Wales.