According to the public record, 5, Knogley Way, Morpeth is a mid-century house with 559 ft2 of internal area and sits on a 918 m2 plot.
Houses of this size in this area normally have 2 bedrooms with a garden.
Knogley Way, Longframlington, Morpeth, NE65 is located within the NE65 postal district.
5, Knogley Way, Morpeth has no records in the Land Registry database and a single entry in the EPC database dated October 2021.
We combine this information with public data 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 5 Knogley Way Morpeth as £144,407 and the rental value as £889 per month giving an expected gross yield of 7.4%.
Over the last 12 months the sale value of 5 Knogley Way Morpeth has increased by £3,380 (2.3%) and its rental value has increased by £74 per month (8.3%).
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, Knogley Way, Morpeth is in very good condition we estimate a sale value of £151,628 and rental value of £933 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £134,299 and a rental value of £827 per month.
If you were able to purchase this property for the estimated value of £144,407, and assuming a 25 year repayment term, a 15% deposit and a fixed rate of 4.89%, your monthly repayments would be £710 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, 5, Knogley Way, Morpeth sits on a plot of 918m2.
We have plot size data on 8 out of 14 other houses in the postcode and 5, Knogley Way, Morpeth sits on the 3rd largest plot.
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to 5, Knogley Way, Morpeth within a radius of 5.9 kilometres over the last 2 years.
The most recent example is 1, Knogley Way, Morpeth, NE65 8DN, a Freehold house which sold for £125,000 in Dec 2019.
Read more about house prices in NE65.
*Nearby is defined as the radius comprising the nearest 2,000 addresses.
Knogley Way, Longframlington, Morpeth, NE65 has a total of 14 addresses. According to our analysis of all the public data, 5, Knogley Way, Morpeth is the 14th largest and the 14th most expensive property on the street.
When compared to the postcode district it is £131k less expensive than the average property in NE65.
5, Knogley Way, Morpeth has an Energy Performance Rating (EPC) of C. This is based on the most recent assessment, dated 14 Oct 2021.
The property is not connected to mains gas and has fully double glazed windows. It is heated using an electric air source heat pump and radiators.
The closest station to 5, Knogley Way, Morpeth is Acklington station which is 9.2 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 5, Knogley Way, Morpeth, 44.2% of property is socially rented and 27.5% is privately owned outright.
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, Knogley Way, Morpeth, 11.9% of residents are recorded as possessing school level qualifications and 26.5% 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, Knogley Way, Morpeth, the average age was 50.7 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, Knogley Way, 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 5, Knogley Way, Morpeth, there are an average of 1.1 cars per household.
See below for how this compares to North East and the rest of England & Wales.