According to the public record, 3, Maple Drive, Morpeth is a modern house with 1,227 ft2 of internal area.
Houses of this size in this area normally have 4 bedrooms with a garden.
Maple Drive, Morpeth, NE61 is located within the NE61 postal district.
3, Maple Drive, Morpeth has no records in the Land Registry database and a single entry in the EPC database dated July 2020.
We combine this information with public data 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 3 Maple Drive Morpeth as £316,356 and the rental value as £1,312 per month giving an expected gross yield of 5%.
Over the last 12 months the sale value of 3 Maple Drive Morpeth has decreased by £5,604 (1.8%) and its rental value has increased by £62 per month (4.7%).
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, Maple Drive, Morpeth is in very good condition we estimate a sale value of £332,173 and rental value of £1,377 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £294,211 and a rental value of £1,220 per month.
If you were able to purchase this property for the estimated value of £316,356, and assuming a 25 year repayment term, a 15% deposit and a fixed rate of 4.89%, your monthly repayments would be £1,555 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 the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to 3, Maple Drive, Morpeth within a radius of 2.3 kilometres over the last 2 years.
The most recent example is 9, White Beam Way, Morpeth, NE61 3EZ, a Freehold house which sold for £294,995 in Jul 2022.
Read more about house prices in NE61.
*Nearby is defined as the radius comprising the nearest 2,000 addresses.
Maple Drive, Morpeth, NE61 has a total of 35 addresses. According to our analysis of all the public data, 3, Maple Drive, Morpeth is the 14th largest and the 20th most expensive property on the street.
When compared to the postcode district it is £57k more expensive than the average property in NE61.
3, Maple Drive, Morpeth has an Energy Performance Rating (EPC) of B. This is based on the most recent assessment, dated 22 Jul 2020.
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 3, Maple Drive, Morpeth is Morpeth station which is 3.2 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, Maple Drive, Morpeth, 53.3% of property is privately owned with a mortgage and 34.7% is privately owned outright.
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, Maple Drive, Morpeth, 16.5% of residents are recorded as possessing school level qualifications and 42.2% 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 3, Maple Drive, Morpeth, the average age was 44.7 and the most common age was 57.
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, Maple Drive, Morpeth, 0.4% 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, Maple Drive, Morpeth, there are an average of 1.7 cars per household.
See below for how this compares to North East and the rest of England & Wales.