5, Hudson Place, Morpeth has a single entry in the Land Registry database from May 2009 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.
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 5, Hudson Place, Morpeth is in very good condition we estimate a sale value of £304,107 and rental value of £1,023 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £269,352 and a rental value of £906 per month.
If you were able to purchase this property for the estimated value of £289,626, and assuming a 25 year repayment term, a 15% deposit and a fixed rate of 4.89%, your monthly repayments would be £1,423 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, 5, Hudson Place, Morpeth was last sold on 20 May 2009 for £90,000 and was recorded as a freehold house.
The property has only had this single sale since 1995.
Since May 2009, the market for similar properties has risen 38.8%
According to the Land Registry and our network of Estate Agents, there have been 1 sale of a property similar to 5, Hudson Place, Morpeth within a radius of 620 metres over the last 2 years.
The most recent example is 9, Abbey View, Morpeth, NE61 1QT, a Freehold house which sold for £205,000 in Jan 2020.
Read more about house prices in NE61.
*Nearby is defined as the radius comprising the nearest 2,000 addresses.
Hudson Place, Morpeth, NE61 has a total of 2 addresses. According to our analysis of all the public data, 5, Hudson Place, Morpeth is the 2nd largest and the 2nd most expensive property on the street.
When compared to the postcode district it is £31k more expensive than the average property in NE61.
According to the public record, 5, Hudson Place, Morpeth is a freehold house.
By comparing it to neighbours, we estimate that it is a period house with 649 ft2 of internal area and a garden.
Houses of this size in this area normally have 3 bedrooms.
Hudson Place, Morpeth, NE61 is located within the NE61 postal district.
Based on public information available, and assuming the property is in reasonable condition, we estimate the current sale value for 5 Hudson Place Morpeth as £289,626 and the rental value as £974 per month giving an expected gross yield of 4%.
Over the last 12 months the sale value of 5 Hudson Place Morpeth has increased by £1,570 (0.5%) and its rental value has increased by £71 per month (7.3%).
The closest station to 5, Hudson Place, Morpeth is Morpeth station which is 900 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 5, Hudson Place, Morpeth, 51.8% of property is privately owned outright and 25.2% is privately rented.
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 5, Hudson Place, Morpeth, 13.7% of residents are recorded as possessing school level qualifications and 39.9% 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 5, Hudson Place, 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 5, Hudson Place, Morpeth, 0.4% 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 5, Hudson Place, Morpeth, there are an average of 0.8 cars per household.
See below for how this compares to North East and the rest of England & Wales.