According to the public record, 8, Philip Drive, Morpeth is a mid-century house with 1,076 ft2 of internal area and sits on a 192 m2 plot.
Houses of this size in this area normally have 3 bedrooms with a garden.
Philip Drive, Amble, Morpeth, NE65 is located within the NE65 postal district.
8, Philip Drive, Morpeth has no records in the Land Registry database and a single entry in the EPC database dated April 2015.
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 8 Philip Drive Morpeth as £199,333 and the rental value as £1,098 per month giving an expected gross yield of 6.6%.
Over the last 12 months the sale value of 8 Philip Drive Morpeth has increased by £3,108 (1.6%) and its rental value has increased by £77 per month (7.0%).
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, Philip Drive, Morpeth is in very good condition we estimate a sale value of £209,299 and rental value of £1,153 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £185,380 and a rental value of £1,021 per month.
If you were able to purchase this property for the estimated value of £199,333, and assuming a 25 year repayment term, a 15% deposit and a fixed rate of 4.89%, your monthly repayments would be £980 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, Philip Drive, Morpeth sits on a plot of 192m2.
We have plot size data on 30 out of 52 other houses in the postcode and 8, Philip Drive, Morpeth sits on the 15th largest plot.
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to 8, Philip Drive, Morpeth within a radius of 590 metres over the last 2 years.
The most recent example is 17, Burton Road, Morpeth, NE65 0QP, a Freehold house which sold for £180,000 in Mar 2024.
Read more about house prices in NE65.
*Nearby is defined as the radius comprising the nearest 2,000 addresses.
Philip Drive, Amble, Morpeth, NE65 has a total of 62 addresses. According to our analysis of all the public data, 8, Philip Drive, Morpeth is the 4th largest and the 5th most expensive property on the street.
When compared to the postcode district it is £76k less expensive than the average property in NE65.
8, Philip Drive, Morpeth has an Energy Performance Rating (EPC) of B. This is based on the most recent assessment, dated 19 Apr 2015.
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 8, Philip Drive, Morpeth is Acklington station which is 5.4 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, Philip Drive, Morpeth, 51.8% of property is socially rented and 28.8% 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, Philip Drive, Morpeth, 16.8% of residents are recorded as possessing school level qualifications and 16.1% 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 8, Philip Drive, Morpeth, the average age was 48 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, Philip Drive, 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 8, Philip Drive, Morpeth, there are an average of 1.0 cars per household.
See below for how this compares to North East and the rest of England & Wales.