According to the public record, 72, Shields Road, Morpeth is a mid-century house with 1,216 ft2 of internal area.
Houses of this size in this area normally have 4 bedrooms with a garden.
Shields Road, Morpeth, NE61 is located within the NE61 postal district.
72, Shields Road, Morpeth has no records in the Land Registry database and a single entry in the EPC database dated May 2014.
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 72 Shields Road Morpeth as £163,611 and the rental value as £872 per month giving an expected gross yield of 6.4%.
Over the last 12 months the sale value of 72 Shields Road Morpeth has increased by £2,558 (1.6%) and its rental value has increased by £73 per month (8.4%).
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 72, Shields Road, Morpeth is in very good condition we estimate a sale value of £171,791 and rental value of £916 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £152,158 and a rental value of £811 per month.
If you were able to purchase this property for the estimated value of £163,611, and assuming a 25 year repayment term, a 15% deposit and a fixed rate of 4.89%, your monthly repayments would be £804 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 the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to 72, Shields Road, Morpeth within a radius of 580 metres over the last 2 years.
The most recent example is 46, Shields Road, Morpeth, NE61 2SA, a Freehold house which sold for £137,000 in Mar 2023.
Read more about house prices in NE61.
*Nearby is defined as the radius comprising the nearest 2,000 addresses.
Shields Road, Morpeth, NE61 has a total of 64 addresses. According to our analysis of all the public data, 72, Shields Road, Morpeth is the 7th largest and the 14th most expensive property on the street.
When compared to the postcode district it is £95k less expensive than the average property in NE61.
72, Shields Road, Morpeth has an Energy Performance Rating (EPC) of D. This is based on the most recent assessment, dated 20 May 2014.
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 72, Shields Road, Morpeth is Morpeth station which is 600 metres 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 72, Shields Road, Morpeth, 33.6% of property is privately owned with a mortgage and 31.9% 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 72, Shields Road, Morpeth, 19.4% of residents are recorded as possessing school level qualifications and 26.1% 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 72, Shields Road, 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 72, Shields Road, 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 72, Shields Road, 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.