According to the public record, 28, Montagu Avenue, Morpeth is a modern freehold house and with 1,259 ft2 of internal area and sits on a 287 m2 plot.
Houses of this size in this area normally have 4 bedrooms with a garden.
Montagu Avenue, Warkworth, Morpeth, NE65 is located within the NE65 postal district.
28, Montagu Avenue, Morpeth has a single entry in the Land Registry database from February 2017 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 28 Montagu Avenue Morpeth as £419,119 and the rental value as £1,449 per month giving an expected gross yield of 4.1%.
Over the last 12 months the sale value of 28 Montagu Avenue Morpeth has decreased by £7,793 (1.9%) and its rental value has increased by £50 per month (3.4%).
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 28, Montagu Avenue, Morpeth is in very good condition we estimate a sale value of £440,075 and rental value of £1,522 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £389,781 and a rental value of £1,348 per month.
If you were able to purchase this property for the estimated value of £419,119, and assuming a 25 year repayment term, a 15% deposit and a fixed rate of 4.89%, your monthly repayments would be £2,060 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, 28, Montagu Avenue, Morpeth sits on a plot of 287m2.
We have plot size data on 26 out of 27 other houses in the postcode and 28, Montagu Avenue, Morpeth sits on the 21st largest plot.
According to HM Land Registry, 28, Montagu Avenue, Morpeth was last sold on 28 Feb 2017 for £289,950 and was recorded as a freehold house.
The property has only had this single sale since 1995.
Since Feb 2017, the market for similar properties has risen 35.9%
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to 28, Montagu Avenue, Morpeth within a radius of 60m over the last 2 years.
The most recent example is 22, Montagu Avenue, Morpeth, NE65 0ZA, a Leasehold house which sold for £425,000 in Jul 2022.
Read more about house prices in NE65.
Montagu Avenue, Warkworth, Morpeth, NE65 has a total of 27 addresses. According to our analysis of all the public data, 28, Montagu Avenue, Morpeth is the 26th largest and the 20th most expensive property on the street.
When compared to the postcode district it is £144k more expensive than the average property in NE65.
28, Montagu Avenue, Morpeth has an Energy Performance Rating (EPC) of B. This is based on the most recent assessment, dated 27 Feb 2017.
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 28, Montagu Avenue, Morpeth is Acklington station which is 4.3 km 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 28, Montagu Avenue, Morpeth, 77.3% of property is privately owned outright and 19.5% 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 28, Montagu Avenue, Morpeth, 7.8% of residents are recorded as possessing school level qualifications and 44.2% 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 28, Montagu Avenue, 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 28, Montagu Avenue, Morpeth, 0.9% 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 28, Montagu Avenue, 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.