According to the public record, 71, Newgate Street, Morpeth is a period freehold house with 2,567 ft2 of internal area and sits on a 358 m2 plot.
Houses of this size in this area normally have 5 bedrooms with a garden.
Newgate Street, Morpeth, NE61 is located within the NE61 postal district.
71, Newgate Street, Morpeth has 21 entries in the Land Registry database, most recently in November 2010 and a single entry in the EPC database dated June 2010.
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 71 Newgate Street Morpeth as £522,101 and the rental value as £1,630 per month giving an expected gross yield of 3.7%.
Over the last 12 months the sale value of 71 Newgate Street Morpeth has decreased by £10,296 (2.0%) and its rental value has increased by £75 per month (4.6%).
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 71, Newgate Street, Morpeth is in very good condition we estimate a sale value of £548,207 and rental value of £1,712 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £485,554 and a rental value of £1,516 per month.
If you were able to purchase this property for the estimated value of £522,101, and assuming a 25 year repayment term, a 15% deposit and a fixed rate of 4.89%, your monthly repayments would be £2,566 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, 71, Newgate Street, Morpeth sits on a plot of 358m2.
We have plot size data on 6 out of 9 other houses in the postcode and 71, Newgate Street, Morpeth sits on the largest plot.
According to HM Land Registry, 71, Newgate Street, Morpeth was last sold on 12 Nov 2010 for £530,000 and was recorded as a freehold house.
The property has had 2 sales since 1995.
Since Nov 2010, the market for similar properties has risen 32.6%
According to the Land Registry and our network of Estate Agents, there have been 2 sales of properties similar to 71, Newgate Street, Morpeth within a radius of 690 metres over the last 2 years.
The most recent example is 73, Newgate Street, Morpeth, NE61 1BX, a Freehold house which sold for £450,000 in Nov 2018.
Read more about house prices in NE61.
*Nearby is defined as the radius comprising the nearest 2,000 addresses.
Newgate Street, Morpeth, NE61 has a total of 125 addresses. According to our analysis of all the public data, 71, Newgate Street, Morpeth is the 10th largest and the 12th most expensive property on the street.
When compared to the postcode district it is £263k more expensive than the average property in NE61.
71, Newgate Street, Morpeth has an Energy Performance Rating (EPC) of F. This is based on the most recent assessment, dated 02 Jun 2010.
The property is connected to mains gas and has some secondary glazing. It is heated using a boiler and radiators.
The closest station to 71, Newgate Street, Morpeth is Morpeth station which is 1.1 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 71, Newgate Street, Morpeth, 35.9% of property is privately owned outright and 34.5% is privately rented.
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 71, Newgate Street, Morpeth, 12.5% of residents are recorded as possessing school level qualifications and 42.8% 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 71, Newgate Street, 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 71, Newgate 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 71, Newgate Street, Morpeth, there are an average of 1.1 cars per household.
See below for how this compares to North East and the rest of England & Wales.