According to the public record, 35, The Turn, Morpeth is a mid-century freehold house with 1,076 ft2 of internal area and sits on a 250 m2 plot.
Houses of this size in this area normally have 3 bedrooms with a garden.
The Turn, Loansdean, Morpeth, NE61 is located within the NE61 postal district.
35, The Turn, Morpeth has a single entry in the Land Registry database from November 2021 and a single entry in the EPC database dated August 2021.
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 35 The Turn Morpeth as £290,564 and the rental value as £1,191 per month giving an expected gross yield of 4.9%.
Over the last 12 months the sale value of 35 The Turn Morpeth has decreased by £2,390 (0.8%) and its rental value has increased by £70 per month (5.9%).
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 35, The Turn, Morpeth is in very good condition we estimate a sale value of £305,092 and rental value of £1,251 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £270,224 and a rental value of £1,108 per month.
If you were able to purchase this property for the estimated value of £290,564, and assuming a 25 year repayment term, a 15% deposit and a fixed rate of 4.89%, your monthly repayments would be £1,428 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, 35, The Turn, Morpeth sits on a plot of 250m2.
We have plot size data on 25 out of 46 other houses in the postcode and 35, The Turn, Morpeth sits on the 22nd largest plot.
According to HM Land Registry, 35, The Turn, Morpeth was last sold on 19 Nov 2021 for £280,000 and was recorded as a freehold house.
The property has only had this single sale since 1995.
Since Nov 2021, the market for similar properties has risen 5.6%
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to 35, The Turn, Morpeth within a radius of 940 metres over the last 2 years.
The most recent example is 5, Long Drive, Morpeth, NE61 2DN, a Freehold house which sold for £320,000 in Aug 2022.
Read more about house prices in NE61.
*Nearby is defined as the radius comprising the nearest 2,000 addresses.
The Turn, Loansdean, Morpeth, NE61 has a total of 46 addresses. According to our analysis of all the public data, 35, The Turn, Morpeth is the 34th largest and the 33rd most expensive property on the street.
When compared to the postcode district it is £32k more expensive than the average property in NE61.
35, The Turn, Morpeth has an Energy Performance Rating (EPC) of E. This is based on the most recent assessment, dated 27 Aug 2021.
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 35, The Turn, Morpeth is Morpeth station which is 1.1 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 35, The Turn, Morpeth, 48.8% of property is privately owned outright and 43.8% 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 35, The Turn, Morpeth, 19.9% of residents are recorded as possessing school level qualifications and 68.0% 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 35, The Turn, Morpeth, the average age was 47.5 and the most common age was 72.
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 35, The Turn, Morpeth, 2.3% 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 35, The Turn, 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.