According to the public record, 7, Hood Street, Morpeth is a period freehold house with 954 ft2 of internal area and sits on a 91.7 m2 plot.
Houses of this size in this area normally have 3 bedrooms with a garden.
Hood Street, Morpeth, NE61 is located within the NE61 postal district.
7, Hood Street, Morpeth has 21 entries in the Land Registry database, most recently in November 2009 and a single entry in the EPC database dated April 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 7 Hood Street Morpeth as £226,647 and the rental value as £1,121 per month giving an expected gross yield of 5.9%.
Over the last 12 months the sale value of 7 Hood Street Morpeth has decreased by £2,198 (1.0%) and its rental value has increased by £63 per month (5.7%).
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 7, Hood Street, Morpeth is in very good condition we estimate a sale value of £237,979 and rental value of £1,178 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £210,781 and a rental value of £1,043 per month.
If you were able to purchase this property for the estimated value of £226,647, and assuming a 25 year repayment term, a 15% deposit and a fixed rate of 4.89%, your monthly repayments would be £1,114 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, Hood Street, Morpeth sits on a plot of 92m2.
We have plot size data on 21 out of 38 other houses in the postcode and 7, Hood Street, Morpeth sits on the 10th largest plot.
According to HM Land Registry, 7, Hood Street, Morpeth was last sold on 06 Nov 2009 for £149,000 and was recorded as a freehold house.
The property has had 2 sales since 1995.
Since Nov 2009, the market for similar properties has risen 33.1%
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to 7, Hood Street, Morpeth within a radius of 680 metres over the last 2 years.
The most recent example is 3, Olympia Gardens, Morpeth, NE61 1JQ, a Freehold house which sold for £245,000 in Dec 2023.
Read more about house prices in NE61.
*Nearby is defined as the radius comprising the nearest 2,000 addresses.
Hood Street, Morpeth, NE61 has a total of 39 addresses. According to our analysis of all the public data, 7, Hood Street, Morpeth is the 39th largest and the 38th most expensive property on the street.
When compared to the postcode district it is £32k less expensive than the average property in NE61.
7, Hood Street, Morpeth has an Energy Performance Rating (EPC) of E. This is based on the most recent assessment, dated 01 Apr 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 7, Hood Street, Morpeth is Morpeth station which is 1.0 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, Hood Street, Morpeth, 48.4% of property is privately owned outright and 25.0% 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, Hood Street, Morpeth, 15.6% of residents are recorded as possessing school level qualifications and 54.4% 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, Hood Street, 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 7, Hood Street, Morpeth, 1.5% 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, Hood Street, Morpeth, there are an average of 1.2 cars per household.
See below for how this compares to North East and the rest of England & Wales.