According to the public record, 6, Old Park Road, Morpeth is a modern freehold house with 1,442 ft2 of internal area and sits on a 674 m2 plot.
Houses of this size in this area normally have 4 bedrooms with a garden.
Old Park Road, Swarland, Morpeth, NE65 is located within the NE65 postal district.
6, Old Park Road, Morpeth has 2 entries in the Land Registry database, most recently in August 2022 and a single entry in the EPC database dated August 2019.
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 6 Old Park Road Morpeth as £508,800 and the rental value as £1,333 per month giving an expected gross yield of 3.1%.
Over the last 12 months the sale value of 6 Old Park Road Morpeth has decreased by £9,307 (1.8%) and its rental value has increased by £49 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, Old Park Road, Morpeth is in very good condition we estimate a sale value of £534,240 and rental value of £1,400 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £473,184 and a rental value of £1,240 per month.
If you were able to purchase this property for the estimated value of £508,800, and assuming a 25 year repayment term, a 15% deposit and a fixed rate of 4.89%, your monthly repayments would be £2,501 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, Old Park Road, Morpeth sits on a plot of 674m2.
We have plot size data on 26 out of 31 other houses in the postcode and 6, Old Park Road, Morpeth sits on the 20th largest plot.
According to HM Land Registry, 6, Old Park Road, Morpeth was last sold on 12 Aug 2022 for £480,000 and was recorded as a freehold house.
The property has had 2 sales since 1995.
Since Aug 2022, the market for similar properties has dropped 2.1%
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to 6, Old Park Road, Morpeth within a radius of 5.0 kilometres over the last 2 years.
The most recent example is Lavender House, Old Park Road, Morpeth, NE65 9HJ, a Freehold house which sold for £530,000 in Jan 2024.
Read more about house prices in NE65.
*Nearby is defined as the radius comprising the nearest 2,000 addresses.
Old Park Road, Swarland, Morpeth, NE65 has a total of 31 addresses. According to our analysis of all the public data, 6, Old Park Road, Morpeth is the 22nd largest and the 21st most expensive property on the street.
When compared to the postcode district it is £233k more expensive than the average property in NE65.
6, Old Park Road, Morpeth has an Energy Performance Rating (EPC) of C. This is based on the most recent assessment, dated 21 Aug 2019.
The property is not connected to mains gas and has high performance glazing. It is heated using an LPG fired boiler and radiators.
The closest station to 6, Old Park Road, Morpeth is Acklington station which is 5.8 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, Old Park Road, Morpeth, 66.7% of property is privately owned outright and 30.7% 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 6, Old Park Road, Morpeth, 10.1% of residents are recorded as possessing school level qualifications and 48.6% 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, Old Park Road, 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, Old Park Road, 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 6, Old Park Road, 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.