According to the public record, 7, Tranwell Court, Morpeth is a modern house with 1,367 ft2 of internal area and sits on a 7,389 m2 plot.
Houses of this size in this area normally have 4 bedrooms with a garden.
Tranwell Court, Morpeth, NE61 is located within the NE61 postal district.
7, Tranwell Court, Morpeth has no records in the Land Registry database and a single entry in the EPC database dated May 2023.
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 Tranwell Court Morpeth as £438,625 and the rental value as £1,153 per month giving an expected gross yield of 3.2%.
Over the last 12 months the sale value of 7 Tranwell Court Morpeth has decreased by £7,769 (1.8%) and its rental value has increased by £54 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 7, Tranwell Court, Morpeth is in very good condition we estimate a sale value of £460,556 and rental value of £1,211 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £407,921 and a rental value of £1,073 per month.
If you were able to purchase this property for the estimated value of £438,625, and assuming a 25 year repayment term, a 15% deposit and a fixed rate of 4.89%, your monthly repayments would be £2,156 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, Tranwell Court, Morpeth sits on a plot of 7389m2.
We have plot size data on 6 out of 6 other houses in the postcode and 7, Tranwell Court, Morpeth sits on the largest plot.
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to 7, Tranwell Court, Morpeth within a radius of 1.9 kilometres over the last 2 years.
The most recent example is 3, Triumph Green, Morpeth, NE61 2FE, a Freehold house which sold for £360,000 in Dec 2023.
Read more about house prices in NE61.
*Nearby is defined as the radius comprising the nearest 2,000 addresses.
Tranwell Court, Morpeth, NE61 has a total of 7 addresses. According to our analysis of all the public data, 7, Tranwell Court, Morpeth is the 6th largest and the 6th most expensive property on the street.
When compared to the postcode district it is £180k more expensive than the average property in NE61.
7, Tranwell Court, Morpeth has an Energy Performance Rating (EPC) of E. This is based on the most recent assessment, dated 19 May 2023.
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, Tranwell Court, Morpeth is Morpeth station which is 2.4 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, Tranwell Court, Morpeth, 43.8% of property is privately owned outright and 28.9% 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 7, Tranwell Court, Morpeth, 15.3% of residents are recorded as possessing school level qualifications and 40.4% 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, Tranwell Court, Morpeth, the average age was 44.7 and the most common age was 57.
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, Tranwell Court, Morpeth, 2.2% 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, Tranwell Court, Morpeth, there are an average of 1.9 cars per household.
See below for how this compares to North East and the rest of England & Wales.