According to the public record, 6, Main Street, Morpeth is a period freehold house with 1,545 ft2 of internal area and sits on a 121 m2 plot.
Houses of this size in this area normally have 4 bedrooms with a garden.
Main Street, Felton, Morpeth, NE65 is located within the NE65 postal district.
6, Main Street, Morpeth has 21 entries in the Land Registry database, most recently in February 2012 and a single entry in the EPC database dated April 2010.
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 6 Main Street Morpeth as £426,714 and the rental value as £1,395 per month giving an expected gross yield of 3.9%.
Over the last 12 months the sale value of 6 Main Street Morpeth has decreased by £7,806 (1.8%) and its rental value has increased by £51 per month (3.7%).
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 6, Main Street, Morpeth is in very good condition we estimate a sale value of £448,049 and rental value of £1,464 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £396,844 and a rental value of £1,297 per month.
If you were able to purchase this property for the estimated value of £426,714, and assuming a 25 year repayment term, a 15% deposit and a fixed rate of 4.89%, your monthly repayments would be £2,097 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, 6, Main Street, Morpeth sits on a plot of 121m2.
We have plot size data on 9 out of 14 other houses in the postcode and 6, Main Street, Morpeth sits on the 8th largest plot.
According to HM Land Registry, 6, Main Street, Morpeth was last sold on 23 Feb 2012 for £142,000 and was recorded as a freehold house.
The property has had 2 sales since 1995.
Since Feb 2012, the market for similar properties has risen 48.0%
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to 6, Main Street, Morpeth within a radius of 5.7 kilometres over the last 2 years.
The most recent example is Chapel Cottage, Morpeth, NE65 9EF, a Freehold house which sold for £300,000 in Jun 2022.
Read more about house prices in NE65.
*Nearby is defined as the radius comprising the nearest 2,000 addresses.
Main Street, Felton, Morpeth, NE65 has a total of 86 addresses. According to our analysis of all the public data, 6, Main Street, Morpeth is the 33rd largest and the 8th most expensive property on the street.
When compared to the postcode district it is £151k more expensive than the average property in NE65.
6, Main Street, Morpeth has an Energy Performance Rating (EPC) of D. This is based on the most recent assessment, dated 16 Apr 2010.
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 6, Main Street, Morpeth is Acklington station which is 3.8 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 6, Main Street, Morpeth, 33.9% of property is privately owned outright and 29.0% 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 6, Main Street, Morpeth, 19.6% of residents are recorded as possessing school level qualifications and 31.9% 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 6, Main Street, Morpeth, the average age was 48 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 6, Main Street, Morpeth, 0.3% 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 6, Main Street, Morpeth, there are an average of 1.5 cars per household.
See below for how this compares to North East and the rest of England & Wales.