According to the public record, 3, Orchard Close, Morpeth is a mid-century freehold house with 645 ft2 of internal area and sits on a 530 m2 plot.
Houses of this size in this area normally have 3 bedrooms with a garden.
Orchard Close, Ulgham, Morpeth, NE61 is located within the NE61 postal district.
3, Orchard Close, Morpeth has a single entry in the Land Registry database from January 2013 and a single entry in the EPC database dated November 2014.
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 Orchard Close Morpeth as £204,893 and the rental value as £993 per month giving an expected gross yield of 5.8%.
Over the last 12 months the sale value of 3 Orchard Close Morpeth has increased by £3,065 (1.5%) and its rental value has increased by £83 per month (8.4%).
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, Orchard Close, Morpeth is in very good condition we estimate a sale value of £215,138 and rental value of £1,043 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £190,550 and a rental value of £924 per month.
If you were able to purchase this property for the estimated value of £204,893, and assuming a 25 year repayment term, a 15% deposit and a fixed rate of 4.89%, your monthly repayments would be £1,007 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, Orchard Close, Morpeth sits on a plot of 530m2.
We have plot size data on 3 out of 9 other houses in the postcode and 3, Orchard Close, Morpeth sits on the largest plot.
According to HM Land Registry, 3, Orchard Close, Morpeth was last sold on 30 Jan 2013 for £180,000 and was recorded as a freehold house.
The property has only had this single sale since 1995.
Since Jan 2013, the market for similar properties has risen 46.1%
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to 3, Orchard Close, Morpeth within a radius of 3.3 kilometres over the last 2 years.
The most recent example is Mayfield, Morpeth, NE61 3AH, a Freehold house which sold for £155,000 in Dec 2022.
Read more about house prices in NE61.
*Nearby is defined as the radius comprising the nearest 2,000 addresses.
Orchard Close, Ulgham, Morpeth, NE61 has a total of 9 addresses. According to our analysis of all the public data, 3, Orchard Close, Morpeth is the 9th largest and the 9th most expensive property on the street.
When compared to the postcode district it is £54k less expensive than the average property in NE61.
3, Orchard Close, Morpeth has an Energy Performance Rating (EPC) of E. This is based on the most recent assessment, dated 11 Nov 2014.
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, Orchard Close, Morpeth is Widdrington station which is 2.3 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, Orchard Close, Morpeth, 64.2% of property is privately owned outright and 30.9% 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, Orchard Close, Morpeth, 7.9% of residents are recorded as possessing school level qualifications and 52.0% 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, Orchard Close, 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, Orchard Close, Morpeth, 1.1% 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, Orchard Close, 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.