According to the public record, 7, Elmfield Terrace, Morpeth is a mid-century house with 914 ft2 of internal area and sits on a 213 m2 plot.
Houses of this size in this area normally have 3 bedrooms with a garden.
Elmfield Terrace, Hampeth, Morpeth, NE65 is located within the NE65 postal district.
7, Elmfield Terrace, Morpeth has no records in the Land Registry database and a single entry in the EPC database dated November 2017.
We combine this information with public data 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 7 Elmfield Terrace Morpeth as £154,986 and the rental value as £902 per month giving an expected gross yield of 7%.
Over the last 12 months the sale value of 7 Elmfield Terrace Morpeth has increased by £1,524 (1.0%) and its rental value has increased by £60 per month (6.6%).
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 7, Elmfield Terrace, Morpeth is in very good condition we estimate a sale value of £162,735 and rental value of £947 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £144,137 and a rental value of £839 per month.
If you were able to purchase this property for the estimated value of £154,986, and assuming a 25 year repayment term, a 15% deposit and a fixed rate of 4.89%, your monthly repayments would be £762 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, 7, Elmfield Terrace, Morpeth sits on a plot of 213m2.
We have plot size data on 8 out of 9 other houses in the postcode and 7, Elmfield Terrace, Morpeth sits on the 4th largest plot.
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to 7, Elmfield Terrace, Morpeth within a radius of 5.5 kilometres over the last 2 years.
The most recent example is 7, Farne Road, Alnwick, NE66 2XX, a Freehold house which sold for £100,000 in May 2021.
Read more about house prices in NE65.
*Nearby is defined as the radius comprising the nearest 2,000 addresses.
Elmfield Terrace, Hampeth, Morpeth, NE65 has a total of 9 addresses. According to our analysis of all the public data, 7, Elmfield Terrace, Morpeth is the 9th largest and the 9th most expensive property on the street.
When compared to the postcode district it is £120k less expensive than the average property in NE65.
7, Elmfield Terrace, Morpeth has an Energy Performance Rating (EPC) of F. This is based on the most recent assessment, dated 02 Nov 2017.
The property is not connected to mains gas and has fully double glazed windows. It is heated using an oil fired boiler and radiators.
The closest station to 7, Elmfield Terrace, Morpeth is Acklington station which is 7.0 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 7, Elmfield Terrace, Morpeth, 48.0% of property is privately owned outright and 27.6% 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 7, Elmfield Terrace, Morpeth, 14.9% of residents are recorded as possessing school level qualifications and 30.0% 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 7, Elmfield Terrace, 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 7, Elmfield Terrace, 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 7, Elmfield Terrace, 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.