According to the public record, 27, Edward Street, Morpeth is a period freehold house with 818 ft2 of internal area and sits on a 47.1 m2 plot.
Houses of this size in this area normally have 3 bedrooms with a garden.
Edward Street, Pegswood, Morpeth, NE61 is located within the NE61 postal district.
27, Edward Street, Morpeth has a single entry in the Land Registry database from April 2024 and a single entry in the EPC database dated February 2024.
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 27 Edward Street Morpeth as £97,588 and the rental value as £586 per month giving an expected gross yield of 7.2%.
Over the last 12 months the sale value of 27 Edward Street Morpeth has increased by £2,159 (2.2%) and its rental value has increased by £54 per month (9.1%).
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 27, Edward Street, Morpeth is in very good condition we estimate a sale value of £102,467 and rental value of £615 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £90,756 and a rental value of £545 per month.
If you were able to purchase this property for the estimated value of £97,588, and assuming a 25 year repayment term, a 15% deposit and a fixed rate of 4.89%, your monthly repayments would be £480 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, 27, Edward Street, Morpeth sits on a plot of 47m2.
We have plot size data on 16 out of 34 other houses in the postcode and 27, Edward Street, Morpeth sits on the 15th largest plot.
According to HM Land Registry, 27, Edward Street, Morpeth was last sold on 03 Apr 2024 for £73,000 and was recorded as a freehold house.
The property has only had this single sale since 1995.
Since Apr 2024, the market for similar properties has risen 1.5%
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to 27, Edward Street, Morpeth within a radius of 2.2 kilometres over the last 2 years.
The most recent example is 28, Edward Street, Morpeth, NE61 6UH, a Freehold house which sold for £105,000 in Jul 2022.
Read more about house prices in NE61.
*Nearby is defined as the radius comprising the nearest 2,000 addresses.
Edward Street, Pegswood, Morpeth, NE61 has a total of 34 addresses. According to our analysis of all the public data, 27, Edward Street, Morpeth is the 24th largest and the 29th most expensive property on the street.
When compared to the postcode district it is £161k less expensive than the average property in NE61.
27, Edward Street, Morpeth has an Energy Performance Rating (EPC) of C. This is based on the most recent assessment, dated 15 Feb 2024.
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 27, Edward Street, Morpeth is Pegswood station which is 100 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 27, Edward Street, Morpeth, 34.1% of property is privately owned outright and 27.0% 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 27, Edward Street, Morpeth, 22.2% of residents are recorded as possessing school level qualifications and 18.0% 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 27, Edward Street, Morpeth, the average age was 45.1 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 27, Edward Street, 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 27, Edward Street, 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.