According to the public record, 55, Townsend Crescent, Morpeth is a mid-century leasehold house with 1,065 ft2 of internal area and sits on a 392 m2 plot.
Houses of this size in this area normally have 3 bedrooms with a garden.
Townsend Crescent, Morpeth, NE61 is located within the NE61 postal district.
55, Townsend Crescent, Morpeth has a single entry in the Land Registry database from April 2018 and a single entry in the EPC database dated September 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 55 Townsend Crescent Morpeth as £290,324 and the rental value as £1,158 per month giving an expected gross yield of 4.8%.
Over the last 12 months the sale value of 55 Townsend Crescent Morpeth has decreased by £1,933 (0.7%) and its rental value has increased by £70 per month (6.0%).
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 55, Townsend Crescent, Morpeth is in very good condition we estimate a sale value of £304,840 and rental value of £1,215 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £270,001 and a rental value of £1,076 per month.
If you were able to purchase this property for the estimated value of £290,324, and assuming a 25 year repayment term, a 15% deposit and a fixed rate of 4.89%, your monthly repayments would be £1,427 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, 55, Townsend Crescent, Morpeth sits on a plot of 392m2.
We have plot size data on 23 out of 41 other houses in the postcode and 55, Townsend Crescent, Morpeth sits on the 12th largest plot.
According to HM Land Registry, 55, Townsend Crescent, Morpeth was last sold on 09 Apr 2018 for £237,500 and was recorded as a leasehold house.
The property has only had this single sale since 1995.
Since Apr 2018, the market for similar properties has risen 21.9%
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to 55, Townsend Crescent, Morpeth within a radius of 1.3 kilometres over the last 2 years.
The most recent example is 52, Townsend Crescent, Morpeth, NE61 2XT, a Freehold house which sold for £265,000 in May 2023.
Read more about house prices in NE61.
*Nearby is defined as the radius comprising the nearest 2,000 addresses.
Townsend Crescent, Morpeth, NE61 has a total of 69 addresses. According to our analysis of all the public data, 55, Townsend Crescent, Morpeth is the 60th largest and the 62nd most expensive property on the street.
When compared to the postcode district it is £31k more expensive than the average property in NE61.
55, Townsend Crescent, Morpeth has an Energy Performance Rating (EPC) of D. This is based on the most recent assessment, dated 09 Sep 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 55, Townsend Crescent, Morpeth is Morpeth station which is 1.7 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 55, Townsend Crescent, Morpeth, 63.4% of property is privately owned outright and 25.2% 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 55, Townsend Crescent, Morpeth, 12.9% of residents are recorded as possessing school level qualifications and 51.8% 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 55, Townsend Crescent, Morpeth, the average age was 47.5 and the most common age was 72.
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 55, Townsend Crescent, Morpeth, 2.0% 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 55, Townsend Crescent, Morpeth, there are an average of 1.7 cars per household.
See below for how this compares to North East and the rest of England & Wales.