According to the public record, 38, St. Marys Field, Morpeth is a freehold house.
By comparing it to neighbours, we estimate that it is a period house with 1,012 ft2 of internal area and a garden.
Houses of this size in this area normally have 3 bedrooms.
St. Marys Field, Morpeth, NE61 is located within the NE61 postal district.
38, St. Marys Field, Morpeth has 41 entries in the Land Registry database, most recently in July 2014 and no records in the EPC database.
We combine this sold price information with public data of neighbouring properties to estimate the attributes and values.
Based on public information available, and assuming the property is in reasonable condition, we estimate the current sale value for 38 St. Marys Field Morpeth as £185,781 and the rental value as £1,034 per month giving an expected gross yield of 6.7%.
Over the last 12 months the sale value of 38 St. Marys Field Morpeth has increased by £3,189 (1.7%) and its rental value has increased by £88 per month (8.5%).
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 38, St. Marys Field, Morpeth is in very good condition we estimate a sale value of £195,070 and rental value of £1,085 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £172,776 and a rental value of £961 per month.
If you were able to purchase this property for the estimated value of £185,781, and assuming a 25 year repayment term, a 15% deposit and a fixed rate of 4.89%, your monthly repayments would be £913 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 HM Land Registry, 38, St. Marys Field, Morpeth was last sold on 22 Jul 2014 for £123,000 and was recorded as a freehold house.
The property has had 4 sales since 1995.
Since Jul 2014, the market for similar properties has risen 34.9%
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to 38, St. Marys Field, Morpeth within a radius of 670 metres over the last 2 years.
The most recent example is 62, St. Marys Field, Morpeth, NE61 2QD, a Freehold house which sold for £222,000 in Oct 2021.
Read more about house prices in NE61.
*Nearby is defined as the radius comprising the nearest 2,000 addresses.
St. Marys Field, Morpeth, NE61 has a total of 88 addresses. According to our analysis of all the public data, 38, St. Marys Field, Morpeth is the 15th largest and the 15th most expensive property on the street.
When compared to the postcode district it is £73k less expensive than the average property in NE61.
The closest station to 38, St. Marys Field, Morpeth is Morpeth station which is 700 metres 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 38, St. Marys Field, Morpeth, 34.2% of property is socially rented and 33.3% 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 38, St. Marys Field, Morpeth, 24.5% of residents are recorded as possessing school level qualifications and 34.3% 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 38, St. Marys Field, 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 38, St. Marys Field, 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 38, St. Marys Field, Morpeth, there are an average of 1.2 cars per household.
See below for how this compares to North East and the rest of England & Wales.