According to the public record, 8, Priory Park, Morpeth is a modern leasehold house with 882 ft2 of internal area and sits on a 199 m2 plot.
Houses of this size in this area normally have 3 bedrooms with a garden.
Priory Park, Amble, Morpeth, NE65 is located within the NE65 postal district.
8, Priory Park, Morpeth has 41 entries in the Land Registry database, most recently in April 2019 and a single entry in the EPC database dated August 2022.
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 Priory Park Morpeth as £192,060 and the rental value as £1,130 per month giving an expected gross yield of 7.1%.
Over the last 12 months the sale value of 8 Priory Park Morpeth has increased by £2,995 (1.6%) and its rental value has increased by £80 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, Priory Park, Morpeth is in very good condition we estimate a sale value of £201,663 and rental value of £1,186 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £178,615 and a rental value of £1,050 per month.
If you were able to purchase this property for the estimated value of £192,060, and assuming a 25 year repayment term, a 15% deposit and a fixed rate of 4.89%, your monthly repayments would be £944 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, Priory Park, Morpeth sits on a plot of 199m2.
We have plot size data on 19 out of 27 other houses in the postcode and 8, Priory Park, Morpeth sits on the 7th largest plot.
According to HM Land Registry, 8, Priory Park, Morpeth was last sold on 05 Apr 2019 for £145,000 and was recorded as a leasehold house.
The property has had 4 sales since 1995.
Since Apr 2019, the market for similar properties has risen 34.4%
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to 8, Priory Park, Morpeth within a radius of 710 metres over the last 2 years.
The most recent example is 47, Gannet Drive, Morpeth, NE65 0FR, a Freehold house which sold for £192,950 in Jun 2023.
Read more about house prices in NE65.
*Nearby is defined as the radius comprising the nearest 2,000 addresses.
Priory Park, Amble, Morpeth, NE65 has a total of 88 addresses. According to our analysis of all the public data, 8, Priory Park, Morpeth is the 22nd largest and the 32nd most expensive property on the street.
When compared to the postcode district it is £83k less expensive than the average property in NE65.
8, Priory Park, Morpeth has an Energy Performance Rating (EPC) of C. This is based on the most recent assessment, dated 22 Aug 2022.
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, Priory Park, 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, Priory Park, Morpeth, 32.0% of property is privately owned outright and 24.3% 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, Priory Park, Morpeth, 18.1% of residents are recorded as possessing school level qualifications and 23.0% 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, Priory Park, 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, Priory Park, 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, Priory Park, 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.