According to the public record, 3, Eden Terrace, Morpeth is a period freehold house with 758 ft2 of internal area and sits on a 290 m2 plot.
Houses of this size in this area normally have 3 bedrooms with a garden.
Eden Terrace, Lynemouth, Morpeth, NE61 is located within the NE61 postal district.
3, Eden Terrace, Morpeth has a single entry in the Land Registry database from November 2011 and a single entry in the EPC database dated October 2010.
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 3 Eden Terrace Morpeth as £79,342 and the rental value as £486 per month giving an expected gross yield of 7.3%.
Over the last 12 months the sale value of 3 Eden Terrace Morpeth has increased by £1,889 (2.4%) and its rental value has increased by £49 per month (10.1%).
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 3, Eden Terrace, Morpeth is in very good condition we estimate a sale value of £83,309 and rental value of £510 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £73,788 and a rental value of £452 per month.
If you were able to purchase this property for the estimated value of £79,342, and assuming a 25 year repayment term, a 15% deposit and a fixed rate of 4.89%, your monthly repayments would be £390 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, 3, Eden Terrace, Morpeth sits on a plot of 290m2.
We have plot size data on 7 out of 11 other houses in the postcode and 3, Eden Terrace, Morpeth sits on the 3rd largest plot.
According to HM Land Registry, 3, Eden Terrace, Morpeth was last sold on 18 Nov 2011 for £34,000 and was recorded as a freehold house.
The property has only had this single sale since 1995.
Since Nov 2011, the market for similar properties has risen 40.0%
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to 3, Eden Terrace, Morpeth within a radius of 1.8 kilometres over the last 2 years.
The most recent example is 58, Dalton Avenue, Morpeth, NE61 5TH, a Freehold house which sold for £61,000 in Nov 2022.
Read more about house prices in NE61.
*Nearby is defined as the radius comprising the nearest 2,000 addresses.
Eden Terrace, Lynemouth, Morpeth, NE61 has a total of 55 addresses. According to our analysis of all the public data, 3, Eden Terrace, Morpeth is the 37th largest and the 11th most expensive property on the street.
When compared to the postcode district it is £180k less expensive than the average property in NE61.
3, Eden Terrace, Morpeth has an Energy Performance Rating (EPC) of F. This is based on the most recent assessment, dated 15 Oct 2010.
The property is not connected to mains gas and has single glazed windows. It is heated using Boiler and radiators, wood logs.
The closest station to 3, Eden Terrace, Morpeth is Ashington station which is 4.1 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 3, Eden Terrace, Morpeth, 30.8% of property is privately owned outright and 30.0% is privately 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 3, Eden Terrace, Morpeth, 20.3% of residents are recorded as possessing school level qualifications and 14.6% 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 3, Eden Terrace, Morpeth, the average age was 45 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 3, Eden Terrace, Morpeth, 1.2% 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 3, Eden Terrace, Morpeth, there are an average of 1.0 cars per household.
See below for how this compares to North East and the rest of England & Wales.