According to the public record, 3, Newminster Terrace, Morpeth is a period house with 1,060 ft2 of internal area and sits on a 324 m2 plot.
Houses of this size in this area normally have 3 bedrooms with a garden.
Newminster Terrace, Morpeth, NE61 is located within the NE61 postal district.
3, Newminster Terrace, Morpeth has no records in the Land Registry database and a single entry in the EPC database dated August 2011.
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 reasonable condition, we estimate the current sale value for 3 Newminster Terrace Morpeth as £248,363 and the rental value as £1,154 per month giving an expected gross yield of 5.6%.
Over the last 12 months the sale value of 3 Newminster Terrace Morpeth has increased by £1,347 (0.5%) and its rental value has increased by £84 per month (7.3%).
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, Newminster Terrace, Morpeth is in very good condition we estimate a sale value of £260,781 and rental value of £1,211 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £230,978 and a rental value of £1,073 per month.
If you were able to purchase this property for the estimated value of £248,363, and assuming a 25 year repayment term, a 15% deposit and a fixed rate of 4.89%, your monthly repayments would be £1,221 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, Newminster Terrace, Morpeth sits on a plot of 324m2.
We have plot size data on 2 out of 3 other houses in the postcode and 3, Newminster Terrace, Morpeth sits on the largest plot.
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to 3, Newminster Terrace, Morpeth within a radius of 740 metres over the last 2 years.
The most recent example is 20, St. Marks Street, Morpeth, NE61 1QY, a Freehold house which sold for £228,000 in Dec 2022.
Read more about house prices in NE61.
*Nearby is defined as the radius comprising the nearest 2,000 addresses.
Newminster Terrace, Morpeth, NE61 has a total of 3 addresses. According to our analysis of all the public data, 3, Newminster Terrace, Morpeth is the 2nd largest and the 2nd most expensive property on the street.
When compared to the postcode district it is £11k less expensive than the average property in NE61.
3, Newminster Terrace, Morpeth has an Energy Performance Rating (EPC) of D. This is based on the most recent assessment, dated 10 Aug 2011.
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 3, Newminster Terrace, Morpeth is Morpeth station which is 1.2 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, Newminster Terrace, Morpeth, 34.1% of property is privately owned outright and 33.3% 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 3, Newminster Terrace, Morpeth, 14.4% of residents are recorded as possessing school level qualifications and 27.8% 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, Newminster Terrace, Morpeth, the average age was 48.3 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, Newminster Terrace, 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 3, Newminster 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.