According to the public record, 7, Woodside Way, Morpeth is a modern freehold house with 796 ft2 of internal area and sits on a 168 m2 plot.
Houses of this size in this area normally have 3 bedrooms with a garden.
Woodside Way, Saxon Vale, Ellington, Morpeth, NE61 is located within the NE61 postal district.
7, Woodside Way, Morpeth has a single entry in the Land Registry database from June 2019 and a single entry in the EPC database dated February 2019.
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 good condition, we estimate the current sale value for 7 Woodside Way Morpeth as £202,238 and the rental value as £977 per month giving an expected gross yield of 5.8%.
Over the last 12 months the sale value of 7 Woodside Way Morpeth has increased by £3,336 (1.6%) and its rental value has increased by £89 per month (9.1%).
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, Woodside Way, Morpeth is in very good condition we estimate a sale value of £212,350 and rental value of £1,025 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £188,082 and a rental value of £908 per month.
If you were able to purchase this property for the estimated value of £202,238, and assuming a 25 year repayment term, a 15% deposit and a fixed rate of 4.89%, your monthly repayments would be £994 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, Woodside Way, Morpeth sits on a plot of 168m2.
We have plot size data on 23 out of 23 other houses in the postcode and 7, Woodside Way, Morpeth sits on the 16th largest plot.
According to HM Land Registry, 7, Woodside Way, Morpeth was last sold on 03 Jun 2019 for £169,950 and was recorded as a freehold house.
The property has only had this single sale since 1995.
Since Jun 2019, the market for similar properties has risen 29.0%
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to 7, Woodside Way, Morpeth within a radius of 1.7 kilometres over the last 2 years.
The most recent example is 8, Woodside Way, Morpeth, NE61 5DE, a Freehold house which sold for £174,950 in Jun 2019.
Read more about house prices in NE61.
*Nearby is defined as the radius comprising the nearest 2,000 addresses.
Woodside Way, Saxon Vale, Ellington, Morpeth, NE61 has a total of 23 addresses. According to our analysis of all the public data, 7, Woodside Way, Morpeth is the 20th largest and the 22nd most expensive property on the street.
When compared to the postcode district it is £57k less expensive than the average property in NE61.
7, Woodside Way, Morpeth has an Energy Performance Rating (EPC) of B. This is based on the most recent assessment, dated 07 Feb 2019.
The property is not connected to mains gas and has high performance glazing. It is heated using a boiler and radiators.
The closest station to 7, Woodside Way, Morpeth is Ashington station which is 4.1 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, Woodside Way, Morpeth, 57.8% of property is privately owned outright and 33.1% 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, Woodside Way, Morpeth, 9.9% of residents are recorded as possessing school level qualifications and 33.8% 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, Woodside Way, 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, Woodside Way, Morpeth, 0.3% 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, Woodside Way, 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.