According to the public record, 8, Fulbeck Grange, Morpeth is a modern freehold house with 2,529 ft2 of internal area and sits on a 1,245 m2 plot.
Houses of this size in this area normally have 5 bedrooms with a garden.
Fulbeck Grange, Morpeth, NE61 is located within the NE61 postal district.
8, Fulbeck Grange, Morpeth has a single entry in the Land Registry database from December 2019 and a single entry in the EPC database dated December 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 8 Fulbeck Grange Morpeth as £731,625 and the rental value as £1,812 per month giving an expected gross yield of 3%.
Over the last 12 months the sale value of 8 Fulbeck Grange Morpeth has decreased by £14,437 (2.0%) and its rental value has increased by £83 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 8, Fulbeck Grange, Morpeth is in very good condition we estimate a sale value of £768,206 and rental value of £1,902 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £680,411 and a rental value of £1,685 per month.
If you were able to purchase this property for the estimated value of £731,625, and assuming a 25 year repayment term, a 15% deposit and a fixed rate of 4.89%, your monthly repayments would be £3,596 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, Fulbeck Grange, Morpeth sits on a plot of 1245m2.
We have plot size data on 12 out of 13 other houses in the postcode and 8, Fulbeck Grange, Morpeth sits on the 2nd largest plot.
According to HM Land Registry, 8, Fulbeck Grange, Morpeth was last sold on 16 Dec 2019 for £660,000 and was recorded as a freehold house.
The property has only had this single sale since 1995.
Since Dec 2019, the market for similar properties has risen 15.2%
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to 8, Fulbeck Grange, Morpeth within a radius of 1.4 kilometres over the last 2 years.
The most recent example is 5, Fulbeck Grange, Morpeth, NE61 3GQ, a Freehold house which sold for £665,000 in Dec 2019.
Read more about house prices in NE61.
*Nearby is defined as the radius comprising the nearest 2,000 addresses.
Fulbeck Grange, Morpeth, NE61 has a total of 13 addresses. According to our analysis of all the public data, 8, Fulbeck Grange, Morpeth is the 5th largest and the 5th most expensive property on the street.
When compared to the postcode district it is £473k more expensive than the average property in NE61.
8, Fulbeck Grange, Morpeth has an Energy Performance Rating (EPC) of C. This is based on the most recent assessment, dated 06 Dec 2019.
The property is not connected to mains gas and has high performance glazing. It is heated using an LPG fired boiler and radiators.
The closest station to 8, Fulbeck Grange, Morpeth is Morpeth station which is 2.3 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 8, Fulbeck Grange, Morpeth, 51.7% of property is privately owned outright and 31.9% 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, Fulbeck Grange, Morpeth, 17.7% of residents are recorded as possessing school level qualifications and 61.0% 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, Fulbeck Grange, Morpeth, the average age was 45.1 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 8, Fulbeck Grange, Morpeth, 1.7% 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, Fulbeck Grange, 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.