According to the public record, 49, Choppington Road, Morpeth is a mid-century freehold house with 796 ft2 of internal area and sits on a 161 m2 plot.
Houses of this size in this area normally have 3 bedrooms with a garden.
Choppington Road, Morpeth, NE61 is located within the NE61 postal district.
49, Choppington Road, Morpeth has 2 entries in the Land Registry database, most recently in May 2023 and a single entry in the EPC database dated May 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 49 Choppington Road Morpeth as £133,405 and the rental value as £807 per month giving an expected gross yield of 7.3%.
Over the last 12 months the sale value of 49 Choppington Road Morpeth has increased by £2,874 (2.2%) and its rental value has increased by £73 per month (9.0%).
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 49, Choppington Road, Morpeth is in very good condition we estimate a sale value of £140,075 and rental value of £847 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £124,066 and a rental value of £750 per month.
If you were able to purchase this property for the estimated value of £133,405, and assuming a 25 year repayment term, a 15% deposit and a fixed rate of 4.89%, your monthly repayments would be £656 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, 49, Choppington Road, Morpeth sits on a plot of 161m2.
We have plot size data on 15 out of 26 other houses in the postcode and 49, Choppington Road, Morpeth sits on the 9th largest plot.
According to HM Land Registry, 49, Choppington Road, Morpeth was last sold on 26 May 2023 for £133,500 and was recorded as a freehold house.
The property has had 2 sales since 1995.
Since May 2023, the market for similar properties has risen 3.3%
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to 49, Choppington Road, Morpeth within a radius of 720 metres over the last 2 years.
The most recent example is 22, Third Avenue, Morpeth, NE61 2HZ, a Freehold house which sold for £133,549 in Apr 2023.
Read more about house prices in NE61.
*Nearby is defined as the radius comprising the nearest 2,000 addresses.
Choppington Road, Morpeth, NE61 has a total of 26 addresses. According to our analysis of all the public data, 49, Choppington Road, Morpeth is the 24th largest and the 24th most expensive property on the street.
When compared to the postcode district it is £126k less expensive than the average property in NE61.
49, Choppington Road, Morpeth has an Energy Performance Rating (EPC) of C. This is based on the most recent assessment, dated 07 May 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 49, Choppington Road, Morpeth is Morpeth station which is 800 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 49, Choppington Road, Morpeth, 52.1% of property is privately owned outright and 26.1% 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 49, Choppington Road, Morpeth, 12.0% of residents are recorded as possessing school level qualifications and 26.0% 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 49, Choppington Road, 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 49, Choppington Road, Morpeth, 1.6% 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 49, Choppington Road, 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.