According to the public record, 60, Churchburn Drive, Morpeth is a mid-century freehold house with 2,040 ft2 of internal area and sits on a 648 m2 plot.
Houses of this size in this area normally have 5 bedrooms with a garden.
Churchburn Drive, Loansdean, Morpeth, NE61 is located within the NE61 postal district.
60, Churchburn Drive, Morpeth has a single entry in the Land Registry database from April 2010 and a single entry in the EPC database dated September 2009.
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 60 Churchburn Drive Morpeth as £533,702 and the rental value as £1,451 per month giving an expected gross yield of 3.3%.
Over the last 12 months the sale value of 60 Churchburn Drive Morpeth has decreased by £10,210 (1.9%) and its rental value has increased by £68 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 60, Churchburn Drive, Morpeth is in very good condition we estimate a sale value of £560,387 and rental value of £1,524 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £496,343 and a rental value of £1,349 per month.
If you were able to purchase this property for the estimated value of £533,702, and assuming a 25 year repayment term, a 15% deposit and a fixed rate of 4.89%, your monthly repayments would be £2,623 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, 60, Churchburn Drive, Morpeth sits on a plot of 648m2.
We have plot size data on 4 out of 7 other houses in the postcode and 60, Churchburn Drive, Morpeth sits on the 2nd largest plot.
According to HM Land Registry, 60, Churchburn Drive, Morpeth was last sold on 01 Apr 2010 for £437,500 and was recorded as a freehold house.
The property has only had this single sale since 1995.
Since Apr 2010, the market for similar properties has risen 30.9%
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to 60, Churchburn Drive, Morpeth within a radius of 950 metres over the last 2 years.
The most recent example is 7, Triumph Green, Morpeth, NE61 2FE, a Freehold house which sold for £632,000 in Jun 2021.
Read more about house prices in NE61.
*Nearby is defined as the radius comprising the nearest 2,000 addresses.
Churchburn Drive, Loansdean, Morpeth, NE61 has a total of 50 addresses. According to our analysis of all the public data, 60, Churchburn Drive, Morpeth is the 8th largest and the 3rd most expensive property on the street.
When compared to the postcode district it is £275k more expensive than the average property in NE61.
60, Churchburn Drive, Morpeth has an Energy Performance Rating (EPC) of F. This is based on the most recent assessment, dated 07 Sep 2009.
The property is connected to mains gas and has partial double glazing. It is heated using a boiler and radiators.
The closest station to 60, Churchburn Drive, Morpeth is Morpeth station which is 1.2 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 60, Churchburn Drive, Morpeth, 48.8% of property is privately owned outright and 43.8% 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 60, Churchburn Drive, Morpeth, 19.9% of residents are recorded as possessing school level qualifications and 68.0% 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 60, Churchburn Drive, 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 60, Churchburn Drive, Morpeth, 2.3% 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 60, Churchburn Drive, 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.