According to the public record, 36, De Mowbray Way, Morpeth is a mid-century freehold house with 1,377 ft2 of internal area and sits on a 301 m2 plot.
Houses of this size in this area normally have 4 bedrooms with a garden.
De Mowbray Way, Morpeth, NE61 is located within the NE61 postal district.
36, De Mowbray Way, Morpeth has 21 entries in the Land Registry database, most recently in April 2021 and a single entry in the EPC database dated July 2020.
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 36 De Mowbray Way Morpeth as £348,253 and the rental value as £1,285 per month giving an expected gross yield of 4.4%.
Over the last 12 months the sale value of 36 De Mowbray Way Morpeth has decreased by £6,908 (2.0%) and its rental value has increased by £59 per month (4.6%).
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 36, De Mowbray Way, Morpeth is in very good condition we estimate a sale value of £365,665 and rental value of £1,349 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £323,875 and a rental value of £1,195 per month.
If you were able to purchase this property for the estimated value of £348,253, and assuming a 25 year repayment term, a 15% deposit and a fixed rate of 4.89%, your monthly repayments would be £1,712 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, 36, De Mowbray Way, Morpeth sits on a plot of 301m2.
We have plot size data on 4 out of 11 other houses in the postcode and 36, De Mowbray Way, Morpeth sits on the 2nd largest plot.
According to HM Land Registry, 36, De Mowbray Way, Morpeth was last sold on 01 Apr 2021 for £320,000 and was recorded as a freehold house.
The property has had 2 sales since 1995.
Since Apr 2021, the market for similar properties has risen 9.1%
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to 36, De Mowbray Way, Morpeth within a radius of 1.1 kilometres over the last 2 years.
The most recent example is 31, Curlew Hill, Morpeth, NE61 3SH, a Freehold house which sold for £329,500 in Jan 2024.
Read more about house prices in NE61.
*Nearby is defined as the radius comprising the nearest 2,000 addresses.
De Mowbray Way, Morpeth, NE61 has a total of 42 addresses. According to our analysis of all the public data, 36, De Mowbray Way, Morpeth is the 9th largest and the 9th most expensive property on the street.
When compared to the postcode district it is £89k more expensive than the average property in NE61.
36, De Mowbray Way, Morpeth has an Energy Performance Rating (EPC) of D. This is based on the most recent assessment, dated 16 Jul 2020.
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 36, De Mowbray Way, Morpeth is Morpeth station which is 1.9 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 36, De Mowbray Way, Morpeth, 73.6% of property is privately owned outright and 24.0% 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 36, De Mowbray Way, Morpeth, 15.2% of residents are recorded as possessing school level qualifications and 50.6% 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 36, De Mowbray Way, 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 36, De Mowbray Way, Morpeth, 0.7% 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 36, De Mowbray Way, Morpeth, there are an average of 1.6 cars per household.
See below for how this compares to North East and the rest of England & Wales.