According to the public record, 24, Caldburne Drive, Morpeth is a modern freehold house with 1,270 ft2 of internal area and sits on a 343 m2 plot.
Houses of this size in this area normally have 4 bedrooms with a garden.
Caldburne Drive, Collingwood Manor, Morpeth, NE61 is located within the NE61 postal district.
24, Caldburne Drive, Morpeth has a single entry in the Land Registry database from August 2018 and a single entry in the EPC database dated August 2018.
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 24 Caldburne Drive Morpeth as £362,310 and the rental value as £1,289 per month giving an expected gross yield of 4.3%.
Over the last 12 months the sale value of 24 Caldburne Drive Morpeth has decreased by £6,930 (1.9%) and its rental value has increased by £61 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 24, Caldburne Drive, Morpeth is in very good condition we estimate a sale value of £380,425 and rental value of £1,354 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £336,948 and a rental value of £1,199 per month.
If you were able to purchase this property for the estimated value of £362,310, and assuming a 25 year repayment term, a 15% deposit and a fixed rate of 4.89%, your monthly repayments would be £1,781 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, 24, Caldburne Drive, Morpeth sits on a plot of 343m2.
We have plot size data on 41 out of 41 other houses in the postcode and 24, Caldburne Drive, Morpeth sits on the 7th largest plot.
According to HM Land Registry, 24, Caldburne Drive, Morpeth was last sold on 03 Aug 2018 for £299,995 and was recorded as a freehold house.
The property has only had this single sale since 1995.
Since Aug 2018, the market for similar properties has risen 20.7%
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to 24, Caldburne Drive, Morpeth within a radius of 1.2 kilometres over the last 2 years.
The most recent example is 3, Triumph Green, Morpeth, NE61 2FE, a Freehold house which sold for £360,000 in Dec 2023.
Read more about house prices in NE61.
*Nearby is defined as the radius comprising the nearest 2,000 addresses.
Caldburne Drive, Collingwood Manor, Morpeth, NE61 has a total of 42 addresses. According to our analysis of all the public data, 24, Caldburne Drive, Morpeth is the 16th largest and the 18th most expensive property on the street.
When compared to the postcode district it is £103k more expensive than the average property in NE61.
24, Caldburne Drive, Morpeth has an Energy Performance Rating (EPC) of B. This is based on the most recent assessment, dated 20 Aug 2018.
The property is not connected to mains gas and has high performance glazing. It is heated using a boiler and radiators.
The closest station to 24, Caldburne Drive, Morpeth is Morpeth station which is 1.3 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 24, Caldburne Drive, Morpeth, 48.8% of property is privately owned outright and 43.8% 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 24, Caldburne Drive, Morpeth, 19.9% of residents are recorded as possessing school level qualifications and 68.0% 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 24, Caldburne Drive, 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 24, Caldburne Drive, Morpeth, 2.3% 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 24, Caldburne Drive, 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.