According to the public record, 53, Eleventh Avenue, Morpeth is a mid-century freehold house with 624 ft2 of internal area and sits on a 365 m2 plot.
Houses of this size in this area normally have 3 bedrooms with a garden.
Eleventh Avenue, Morpeth, NE61 is located within the NE61 postal district.
53, Eleventh Avenue, Morpeth has 2 entries in the Land Registry database, most recently in February 2022 and a single entry in the EPC database dated June 2017.
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 53 Eleventh Avenue Morpeth as £138,816 and the rental value as £871 per month giving an expected gross yield of 7.5%.
Over the last 12 months the sale value of 53 Eleventh Avenue Morpeth has increased by £2,991 (2.2%) and its rental value has increased by £78 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 53, Eleventh Avenue, Morpeth is in very good condition we estimate a sale value of £145,757 and rental value of £915 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £129,099 and a rental value of £810 per month.
If you were able to purchase this property for the estimated value of £138,816, and assuming a 25 year repayment term, a 15% deposit and a fixed rate of 4.89%, your monthly repayments would be £682 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, 53, Eleventh Avenue, Morpeth sits on a plot of 365m2.
We have plot size data on 10 out of 18 other houses in the postcode and 53, Eleventh Avenue, Morpeth sits on the 3rd largest plot.
According to HM Land Registry, 53, Eleventh Avenue, Morpeth was last sold on 25 Feb 2022 for £122,500 and was recorded as a freehold house.
The property has had 2 sales since 1995.
Since Feb 2022, the market for similar properties has risen 6.5%
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to 53, Eleventh Avenue, Morpeth within a radius of 670 metres over the last 2 years.
The most recent example is 1, Ninth Avenue, Morpeth, NE61 2HS, a Freehold house which sold for £130,000 in Jul 2023.
Read more about house prices in NE61.
*Nearby is defined as the radius comprising the nearest 2,000 addresses.
Eleventh Avenue, Morpeth, NE61 has a total of 62 addresses. According to our analysis of all the public data, 53, Eleventh Avenue, Morpeth is the 22nd largest and the 28th most expensive property on the street.
When compared to the postcode district it is £120k less expensive than the average property in NE61.
53, Eleventh Avenue, Morpeth has an Energy Performance Rating (EPC) of C. This is based on the most recent assessment, dated 13 Jun 2017.
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 53, Eleventh Avenue, 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 53, Eleventh Avenue, Morpeth, 50.8% of property is privately owned outright and 27.8% is socially 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 53, Eleventh Avenue, Morpeth, 11.8% of residents are recorded as possessing school level qualifications and 22.9% 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 53, Eleventh Avenue, 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 53, Eleventh Avenue, Morpeth, 0.9% 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 53, Eleventh Avenue, 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.