According to the public record, 3 High Steads, Morpeth is a period freehold house with 947 ft2 of internal area and sits on a 912 m2 plot.
Houses of this size in this area normally have 3 bedrooms with a garden.
Newton-On-The-Moor, Morpeth, NE65 is located within the NE65 postal district.
3 High Steads, Morpeth has a single entry in the Land Registry database from December 2020 and a single entry in the EPC database dated September 2013.
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 High Steads Morpeth as £316,786 and the rental value as £1,265 per month giving an expected gross yield of 4.8%.
Over the last 12 months the sale value of 3 High Steads Morpeth has decreased by £711 (0.2%) and its rental value has increased by £68 per month (5.4%).
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 3 High Steads, Morpeth is in very good condition we estimate a sale value of £332,625 and rental value of £1,328 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £294,611 and a rental value of £1,176 per month.
If you were able to purchase this property for the estimated value of £316,786, and assuming a 25 year repayment term, a 15% deposit and a fixed rate of 4.89%, your monthly repayments would be £1,557 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 High Steads, Morpeth sits on a plot of 912m2.
We have plot size data on 4 out of 5 other houses in the postcode and 3 High Steads, Morpeth sits on the 3rd largest plot.
According to HM Land Registry, 3 High Steads, Morpeth was last sold on 15 Dec 2020 for £258,000 and was recorded as a freehold house.
The property has only had this single sale since 1995.
Since Dec 2020, the market for similar properties has risen 20.1%
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to 3 High Steads, Morpeth within a radius of 5.2 kilometres over the last 2 years.
The most recent example is 9 Home Farm Cottages, Morpeth, NE65 9JH, a Freehold house which sold for £287,500 in Aug 2023.
Read more about house prices in NE65.
*Nearby is defined as the radius comprising the nearest 2,000 addresses.
Newton-On-The-Moor, Morpeth, NE65 has a total of 83 addresses. According to our analysis of all the public data, 3 High Steads, Morpeth is the 73rd largest and the 76th most expensive property on the street.
When compared to the postcode district it is £41k more expensive than the average property in NE65.
3 High Steads, Morpeth has an Energy Performance Rating (EPC) of E. This is based on the most recent assessment, dated 05 Sep 2013.
The property is not connected to mains gas and has mostly double glazing. It is heated using an dual fuel boiler (mineral and wood) and radiators.
The closest station to 3 High Steads, Morpeth is Acklington station which is 6.3 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 High Steads, Morpeth, 67.4% of property is privately owned outright and 20.5% 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 3 High Steads, Morpeth, 12.0% of residents are recorded as possessing school level qualifications and 43.0% 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 High Steads, 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 3 High Steads, Morpeth, 2.1% 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 High Steads, 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.