According to the public record, 6, Wansbeck Place, Morpeth is a mid-century freehold house with 1,819 ft2 of internal area and sits on a 249 m2 plot.
Houses of this size in this area normally have 4 bedrooms with a garden.
Wansbeck Place, Morpeth, NE61 is located within the NE61 postal district.
6, Wansbeck Place, Morpeth has 21 entries in the Land Registry database, most recently in November 2013 and a single entry in the EPC database dated February 2016.
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 Wansbeck Place Morpeth as £287,911 and the rental value as £1,220 per month giving an expected gross yield of 5.1%.
Over the last 12 months the sale value of 6 Wansbeck Place Morpeth has decreased by £5,488 (1.9%) and its rental value has increased by £57 per month (4.7%).
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, Wansbeck Place, Morpeth is in very good condition we estimate a sale value of £302,306 and rental value of £1,281 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £267,757 and a rental value of £1,135 per month.
If you were able to purchase this property for the estimated value of £287,911, and assuming a 25 year repayment term, a 15% deposit and a fixed rate of 4.89%, your monthly repayments would be £1,415 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, Wansbeck Place, Morpeth sits on a plot of 249m2.
We have plot size data on 1 out of 5 other houses in the postcode and 6, Wansbeck Place, Morpeth sits on the largest plot.
According to HM Land Registry, 6, Wansbeck Place, Morpeth was last sold on 12 Nov 2013 for £215,000 and was recorded as a freehold house.
The property has had 2 sales since 1995.
Since Nov 2013, the market for similar properties has risen 30.6%
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to 6, Wansbeck Place, Morpeth within a radius of 770 metres over the last 2 years.
The most recent example is The Town House, Bon Accord House 92, Newgate Street, Morpeth, NE61 1BU, a Leasehold house which sold for £340,000 in Oct 2020.
Read more about house prices in NE61.
*Nearby is defined as the radius comprising the nearest 2,000 addresses.
Wansbeck Place, Morpeth, NE61 has a total of 11 addresses. According to our analysis of all the public data, 6, Wansbeck Place, Morpeth is the largest and the 2nd most expensive property on the street.
When compared to the postcode district it is £29k more expensive than the average property in NE61.
6, Wansbeck Place, Morpeth has an Energy Performance Rating (EPC) of C. This is based on the most recent assessment, dated 12 Feb 2016.
The property is connected to mains gas and has fully double glazed windows. It is heated using a boiler with both radiators and underfloor heating.
The closest station to 6, Wansbeck Place, Morpeth is Morpeth station which is 1.3 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, Wansbeck Place, Morpeth, 51.7% of property is privately owned outright and 31.9% 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, Wansbeck Place, Morpeth, 17.7% of residents are recorded as possessing school level qualifications and 61.0% 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, Wansbeck Place, Morpeth, the average age was 45.1 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, Wansbeck Place, Morpeth, 1.7% 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, Wansbeck Place, 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.