According to the public record, 5, Scott Close, Morpeth is a modern freehold house with 1,463 ft2 of internal area and sits on a 442 m2 plot.
Houses of this size in this area normally have 4 bedrooms with a garden.
Scott Close, Rothbury, Morpeth, NE65 is located within the NE65 postal district.
5, Scott Close, Morpeth has a single entry in the Land Registry database from March 2020 and a single entry in the EPC database dated March 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 good condition, we estimate the current sale value for 5 Scott Close Morpeth as £434,508 and the rental value as £1,362 per month giving an expected gross yield of 3.8%.
Over the last 12 months the sale value of 5 Scott Close Morpeth has decreased by £5,725 (1.3%) and its rental value has increased by £88 per month (6.5%).
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 5, Scott Close, Morpeth is in very good condition we estimate a sale value of £456,234 and rental value of £1,430 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £404,093 and a rental value of £1,266 per month.
If you were able to purchase this property for the estimated value of £434,508, and assuming a 25 year repayment term, a 15% deposit and a fixed rate of 4.89%, your monthly repayments would be £2,135 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, Scott Close, Morpeth sits on a plot of 442m2.
We have plot size data on 11 out of 11 other houses in the postcode and 5, Scott Close, Morpeth sits on the 5th largest plot.
According to HM Land Registry, 5, Scott Close, Morpeth was last sold on 31 Mar 2020 for £359,950 and was recorded as a freehold house.
The property has only had this single sale since 1995.
Since Mar 2020, the market for similar properties has risen 22.4%
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to 5, Scott Close, Morpeth within a radius of 6.1 kilometres over the last 2 years.
The most recent example is 14, Charleton Way, Morpeth, NE65 7EE, a Freehold house which sold for £375,000 in Dec 2022.
Read more about house prices in NE65.
*Nearby is defined as the radius comprising the nearest 2,000 addresses.
Scott Close, Rothbury, Morpeth, NE65 has a total of 11 addresses. According to our analysis of all the public data, 5, Scott Close, Morpeth is the 9th largest and the 9th most expensive property on the street.
When compared to the postcode district it is £159k more expensive than the average property in NE65.
5, Scott Close, Morpeth has an Energy Performance Rating (EPC) of B. This is based on the most recent assessment, dated 27 Mar 2020.
The property is not connected to mains gas and has high performance glazing. It is heated using a boiler and radiators.
The closest station to 5, Scott Close, Morpeth is Acklington station which is 15.5 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, Scott Close, Morpeth, 38.9% of property is privately rented and 37.1% 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, Scott Close, Morpeth, 9.5% of residents are recorded as possessing school level qualifications and 44.1% 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, Scott Close, 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, Scott Close, Morpeth, 0.6% 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 5, Scott Close, 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.