According to the public record, 7, Third Row, Morpeth is a period freehold house with 656 ft2 of internal area and sits on a 247 m2 plot.
Houses of this size in this area normally have 3 bedrooms with a garden.
Third Row, Linton Colliery, Morpeth, NE61 is located within the NE61 postal district.
7, Third Row, Morpeth has 31 entries in the Land Registry database, most recently in November 2010 and a single entry in the EPC database dated January 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 7 Third Row Morpeth as £78,350 and the rental value as £492 per month giving an expected gross yield of 7.5%.
Over the last 12 months the sale value of 7 Third Row Morpeth has increased by £1,867 (2.4%) and its rental value has increased by £48 per month (9.8%).
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, Third Row, Morpeth is in very good condition we estimate a sale value of £82,267 and rental value of £516 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £72,865 and a rental value of £457 per month.
If you were able to purchase this property for the estimated value of £78,350, and assuming a 25 year repayment term, a 15% deposit and a fixed rate of 4.89%, your monthly repayments would be £385 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, Third Row, Morpeth sits on a plot of 247m2.
We have plot size data on 28 out of 39 other houses in the postcode and 7, Third Row, Morpeth sits on the 18th largest plot.
According to HM Land Registry, 7, Third Row, Morpeth was last sold on 08 Nov 2010 for £78,000 and was recorded as a freehold house.
The property has had 3 sales since 1995.
Since Nov 2010, the market for similar properties has risen 40.5%
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to 7, Third Row, Morpeth within a radius of 2.9 kilometres over the last 2 years.
The most recent example is 8, Fifth Row, Morpeth, NE61 5SL, a Freehold house which sold for £44,000 in Feb 2024.
Read more about house prices in NE61.
*Nearby is defined as the radius comprising the nearest 2,000 addresses.
Third Row, Linton Colliery, Morpeth, NE61 has a total of 39 addresses. According to our analysis of all the public data, 7, Third Row, Morpeth is the 39th largest and the 39th most expensive property on the street.
When compared to the postcode district it is £181k less expensive than the average property in NE61.
7, Third Row, Morpeth has an Energy Performance Rating (EPC) of D. This is based on the most recent assessment, dated 14 Jan 2016.
The property is not connected to mains gas and has fully double glazed windows. It is heated using an LPG fired boiler and radiators.
The closest station to 7, Third Row, Morpeth is Widdrington station which is 3.5 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, Third Row, Morpeth, 44.4% of property is privately owned outright and 31.1% 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, Third Row, Morpeth, 18.4% of residents are recorded as possessing school level qualifications and 25.0% 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, Third Row, Morpeth, the average age was 45 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, Third Row, 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, Third Row, Morpeth, there are an average of 1.4 cars per household.
See below for how this compares to North East and the rest of England & Wales.