According to the public record, 29, Cairn Park, Morpeth is a freehold house.
By comparing it to neighbours, we estimate that it is a modern house with 1,215 ft2 of internal area and a garden.
Houses of this size in this area normally have 4 bedrooms.
Cairn Park, Longframlington, Morpeth, NE65 is located within the NE65 postal district.
29, Cairn Park, Morpeth has a single entry in the Land Registry database from July 2020 and no records in the EPC database.
We combine this sold price information with public data of neighbouring properties to estimate the attributes and values.
Based on public information available, and assuming the property is in reasonable condition, we estimate the current sale value for 29 Cairn Park Morpeth as £305,443 and the rental value as £1,311 per month giving an expected gross yield of 5.1%.
Over the last 12 months the sale value of 29 Cairn Park Morpeth has decreased by £4,848 (1.6%) and its rental value has increased by £55 per month (4.2%).
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 29, Cairn Park, Morpeth is in very good condition we estimate a sale value of £320,715 and rental value of £1,376 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £284,062 and a rental value of £1,219 per month.
If you were able to purchase this property for the estimated value of £305,443, and assuming a 25 year repayment term, a 15% deposit and a fixed rate of 4.89%, your monthly repayments would be £1,501 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, 29, Cairn Park, Morpeth was last sold on 31 Jul 2020 for £230,000 and was recorded as a freehold house.
The property has only had this single sale since 1995.
Since Jul 2020, the market for similar properties has risen 20.4%
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to 29, Cairn Park, Morpeth within a radius of 6.0 kilometres over the last 2 years.
The most recent example is 15, Armstrong Grove, Morpeth, NE65 8BJ, a Freehold house which sold for £310,000 in May 2024.
Read more about house prices in NE65.
*Nearby is defined as the radius comprising the nearest 2,000 addresses.
Cairn Park, Longframlington, Morpeth, NE65 has a total of 39 addresses. According to our analysis of all the public data, 29, Cairn Park, Morpeth is the 9th largest and the 9th most expensive property on the street.
When compared to the postcode district it is £30k more expensive than the average property in NE65.
The closest station to 29, Cairn Park, Morpeth is Acklington station which is 9.4 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 29, Cairn Park, Morpeth, 65.6% of property is privately owned outright and 16.9% is socially rented.
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 29, Cairn Park, Morpeth, 11.8% of residents are recorded as possessing school level qualifications and 41.2% 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 29, Cairn Park, Morpeth, the average age was 50.7 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 29, Cairn Park, 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 29, Cairn Park, Morpeth, there are an average of 1.4 cars per household.
See below for how this compares to North East and the rest of England & Wales.