According to the public record, 8, Catchburn Close, Morpeth is a modern freehold house with 1,162 ft2 of internal area and sits on a 343 m2 plot.
Houses of this size in this area normally have 3 bedrooms with a garden.
Catchburn Close, Morpeth, NE61 is located within the NE61 postal district.
8, Catchburn Close, Morpeth has a single entry in the Land Registry database from December 2016 and a single entry in the EPC database dated November 2016.
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 8 Catchburn Close Morpeth as £342,979 and the rental value as £1,228 per month giving an expected gross yield of 4.3%.
Over the last 12 months the sale value of 8 Catchburn Close Morpeth has increased by £639 (0.2%) and its rental value has increased by £84 per month (6.8%).
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 8, Catchburn Close, Morpeth is in very good condition we estimate a sale value of £360,128 and rental value of £1,290 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £318,971 and a rental value of £1,142 per month.
If you were able to purchase this property for the estimated value of £342,979, and assuming a 25 year repayment term, a 15% deposit and a fixed rate of 4.89%, your monthly repayments would be £1,686 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, 8, Catchburn Close, Morpeth sits on a plot of 343m2.
We have plot size data on 9 out of 9 other houses in the postcode and 8, Catchburn Close, Morpeth sits on the 5th largest plot.
According to HM Land Registry, 8, Catchburn Close, Morpeth was last sold on 14 Dec 2016 for £289,995 and was recorded as a freehold house.
The property has only had this single sale since 1995.
Since Dec 2016, the market for similar properties has risen 27.8%
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to 8, Catchburn Close, Morpeth within a radius of 720 metres over the last 2 years.
The most recent example is 1, Cooper Way, Morpeth, NE61 2ZP, a Freehold house which sold for £355,000 in Jul 2022.
Read more about house prices in NE61.
*Nearby is defined as the radius comprising the nearest 2,000 addresses.
Catchburn Close, Morpeth, NE61 has a total of 9 addresses. According to our analysis of all the public data, 8, Catchburn Close, Morpeth is the 7th largest and the 7th most expensive property on the street.
When compared to the postcode district it is £84k more expensive than the average property in NE61.
8, Catchburn Close, Morpeth has an Energy Performance Rating (EPC) of B. This is based on the most recent assessment, dated 24 Nov 2016.
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 8, Catchburn Close, Morpeth is Morpeth station which is 900 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 8, Catchburn Close, Morpeth, 66.7% of property is privately owned outright and 27.8% 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 8, Catchburn Close, Morpeth, 10.8% of residents are recorded as possessing school level qualifications and 56.5% 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 8, Catchburn Close, 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 8, Catchburn Close, 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 8, Catchburn Close, Morpeth, there are an average of 1.8 cars per household.
See below for how this compares to North East and the rest of England & Wales.