According to the public record, 24, Fulmar Drive, Morpeth is a modern freehold house with 957 ft2 of internal area.
Houses of this size in this area normally have 3 bedrooms with a garden.
Fulmar Drive, North Sea Manor, Amble, Morpeth, NE65 is located within the NE65 postal district.
24, Fulmar Drive, Morpeth has a single entry in the Land Registry database from June 2022 and a single entry in the EPC database dated June 2022.
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 good condition, we estimate the current sale value for 24 Fulmar Drive Morpeth as £205,284 and the rental value as £1,177 per month giving an expected gross yield of 6.9%.
Over the last 12 months the sale value of 24 Fulmar Drive Morpeth has increased by £3,201 (1.6%) and its rental value has increased by £83 per month (7.0%).
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, Fulmar Drive, Morpeth is in very good condition we estimate a sale value of £215,548 and rental value of £1,236 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £190,914 and a rental value of £1,095 per month.
If you were able to purchase this property for the estimated value of £205,284, and assuming a 25 year repayment term, a 15% deposit and a fixed rate of 4.89%, your monthly repayments would be £1,009 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 HM Land Registry, 24, Fulmar Drive, Morpeth was last sold on 17 Jun 2022 for £209,950 and was recorded as a freehold house.
The property has only had this single sale since 1995.
Since Jun 2022, the market for similar properties has risen 0.4%
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to 24, Fulmar Drive, Morpeth within a radius of 860 metres over the last 2 years.
The most recent example is 18, Fulmar Drive, Morpeth, NE65 0FU, a Freehold house which sold for £158,950 in Jun 2022.
Read more about house prices in NE65.
*Nearby is defined as the radius comprising the nearest 2,000 addresses.
Fulmar Drive, North Sea Manor, Amble, Morpeth, NE65 has a total of 31 addresses. According to our analysis of all the public data, 24, Fulmar Drive, Morpeth is the 14th largest and the 6th most expensive property on the street.
When compared to the postcode district it is £70k less expensive than the average property in NE65.
24, Fulmar Drive, Morpeth has an Energy Performance Rating (EPC) of B. This is based on the most recent assessment, dated 14 Jun 2022.
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, Fulmar Drive, Morpeth is Acklington station which is 5.4 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, Fulmar Drive, Morpeth, 32.0% of property is privately owned outright and 24.3% 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 24, Fulmar Drive, Morpeth, 18.1% 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 24, Fulmar Drive, Morpeth, the average age was 48 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 24, Fulmar Drive, Morpeth, 0.0% 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 24, Fulmar 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.