According to the public record, 8, Glanton Close, Morpeth is a leasehold house.
By comparing it to neighbours, we estimate that it is a modern house with 1,181 ft2 of internal area and sits on a 871 m2 plot and a garden.
Houses of this size in this area normally have 4 bedrooms.
Glanton Close, Morpeth, NE61 is located within the NE61 postal district.
8, Glanton Close, Morpeth has 41 entries in the Land Registry database, most recently in September 2008 and no records in the EPC database.
We combine this sold price information with public data of neighbouring properties to estimate the attributes and values.
Based on public information available, and assuming the property is in reasonable condition, we estimate the current sale value for 8 Glanton Close Morpeth as £256,405 and the rental value as £1,201 per month giving an expected gross yield of 5.6%.
Over the last 12 months the sale value of 8 Glanton Close Morpeth has decreased by £4,542 (1.8%) and its rental value has increased by £57 per month (4.7%).
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, Glanton Close, Morpeth is in very good condition we estimate a sale value of £269,226 and rental value of £1,261 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £238,457 and a rental value of £1,117 per month.
If you were able to purchase this property for the estimated value of £256,405, and assuming a 25 year repayment term, a 15% deposit and a fixed rate of 4.89%, your monthly repayments would be £1,260 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, Glanton Close, Morpeth sits on a plot of 871m2.
We have plot size data on 15 out of 15 other houses in the postcode and 8, Glanton Close, Morpeth sits on the largest plot.
According to HM Land Registry, 8, Glanton Close, Morpeth was last sold on 26 Sep 2008 for £195,000 and was recorded as a leasehold house.
The property has had 4 sales since 1995.
Since Sep 2008, the market for similar properties has risen 39.2%
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to 8, Glanton Close, Morpeth within a radius of 377m over the last 2 years.
The most recent example is 9, Glanton Close, Morpeth, NE61 2XH, a Leasehold house which sold for £199,950 in May 2017.
Read more about house prices in NE61.
Glanton Close, Morpeth, NE61 has a total of 15 addresses. According to our analysis of all the public data, 8, Glanton Close, Morpeth is the largest and the most expensive property on the street.
When compared to the postcode district it is £3k less expensive than the average property in NE61.
The closest station to 8, Glanton Close, Morpeth is Morpeth station which is 1.1 km 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, Glanton Close, Morpeth, 45.8% of property is privately owned with a mortgage and 43.0% 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 8, Glanton Close, Morpeth, 23.9% 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, Glanton 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, Glanton Close, Morpeth, 1.8% 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, Glanton Close, Morpeth, there are an average of 1.7 cars per household.
See below for how this compares to North East and the rest of England & Wales.