According to the public record, 7, West Park, Morpeth is a mid-century freehold house and with 897 ft2 of internal area and sits on a 128 m2 plot.
Houses of this size in this area normally have 3 bedrooms with a garden.
West Park, Morpeth, NE61 is located within the NE61 postal district.
7, West Park, Morpeth has 2 entries in the Land Registry database, most recently in October 2010 and no records in the EPC database.
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 West Park Morpeth as £157,483 and the rental value as £922 per month giving an expected gross yield of 7%.
Over the last 12 months the sale value of 7 West Park Morpeth has increased by £2,704 (1.7%) and its rental value has increased by £79 per month (8.5%).
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, West Park, Morpeth is in very good condition we estimate a sale value of £165,357 and rental value of £968 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £146,459 and a rental value of £857 per month.
If you were able to purchase this property for the estimated value of £157,483, and assuming a 25 year repayment term, a 15% deposit and a fixed rate of 4.89%, your monthly repayments would be £774 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, West Park, Morpeth sits on a plot of 128m2.
We have plot size data on 14 out of 29 other houses in the postcode and 7, West Park, Morpeth sits on the 14th largest plot.
According to HM Land Registry, 7, West Park, Morpeth was last sold on 21 Oct 2010 for £125,000 and was recorded as a freehold house.
The property has had 2 sales since 1995.
Since Oct 2010, the market for similar properties has risen 35.3%
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to 7, West Park, Morpeth within a radius of 99m over the last 2 years.
The most recent example is 8, Church Walk, Morpeth, NE61 2JW, a Freehold house which sold for £157,500 in Jan 2024.
Read more about house prices in NE61.
West Park, Morpeth, NE61 has a total of 42 addresses. According to our analysis of all the public data, 7, West Park, Morpeth is the 5th largest and the 3rd most expensive property on the street.
When compared to the postcode district it is £101k less expensive than the average property in NE61.
7, West Park, Morpeth has an Energy Performance Rating (EPC) of D. This is based on the most recent assessment, dated 26 Aug 2009.
The property is connected to mains gas and has fully double glazed windows. It is heated using a boiler and radiators.
The closest station to 7, West Park, Morpeth is Morpeth station which is 900 m 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, West Park, Morpeth, 44.4% of property is socially rented and 20.6% is privately owned outright.
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, West Park, Morpeth, 15.2% of residents are recorded as possessing school level qualifications and 19.1% 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, West Park, Morpeth, the average age was 48.3 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, West Park, 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, West Park, Morpeth, there are an average of 0.8 cars per household.
See below for how this compares to North East and the rest of England & Wales.