According to the public record, 8, Wansbeck Close, Morpeth is a mid-century freehold house with 936 ft2 of internal area and sits on a 258 m2 plot.
Houses of this size in this area normally have 3 bedrooms with a garden.
Wansbeck Close, Ellington, Morpeth, NE61 is located within the NE61 postal district.
8, Wansbeck Close, Morpeth has 21 entries in the Land Registry database, most recently in October 2016 and a single entry in the EPC database dated October 2015.
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 Wansbeck Close Morpeth as £177,614 and the rental value as £966 per month giving an expected gross yield of 6.5%.
Over the last 12 months the sale value of 8 Wansbeck Close Morpeth has increased by £2,930 (1.6%) and its rental value has increased by £88 per month (9.1%).
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, Wansbeck Close, Morpeth is in very good condition we estimate a sale value of £186,495 and rental value of £1,015 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £165,181 and a rental value of £899 per month.
If you were able to purchase this property for the estimated value of £177,614, and assuming a 25 year repayment term, a 15% deposit and a fixed rate of 4.89%, your monthly repayments would be £873 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, Wansbeck Close, Morpeth sits on a plot of 258m2.
We have plot size data on 17 out of 21 other houses in the postcode and 8, Wansbeck Close, Morpeth sits on the 4th largest plot.
According to HM Land Registry, 8, Wansbeck Close, Morpeth was last sold on 21 Oct 2016 for £160,000 and was recorded as a freehold house.
The property has had 2 sales since 1995.
Since Oct 2016, the market for similar properties has risen 33.4%
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to 8, Wansbeck Close, Morpeth within a radius of 2.0 kilometres over the last 2 years.
The most recent example is 11, Rede Court, Morpeth, NE61 5LW, a Leasehold house which sold for £170,000 in Jan 2022.
Read more about house prices in NE61.
*Nearby is defined as the radius comprising the nearest 2,000 addresses.
Wansbeck Close, Ellington, Morpeth, NE61 has a total of 21 addresses. According to our analysis of all the public data, 8, Wansbeck Close, Morpeth is the 12th largest and the 5th most expensive property on the street.
When compared to the postcode district it is £81k less expensive than the average property in NE61.
8, Wansbeck Close, Morpeth has an Energy Performance Rating (EPC) of C. This is based on the most recent assessment, dated 19 Oct 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, Wansbeck Close, Morpeth is Widdrington station which is 4.0 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, Wansbeck Close, Morpeth, 56.4% of property is privately owned outright and 30.8% 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, Wansbeck Close, Morpeth, 13.1% of residents are recorded as possessing school level qualifications and 27.4% 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, Wansbeck Close, Morpeth, the average age was 45 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, Wansbeck Close, 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, Wansbeck Close, Morpeth, there are an average of 1.4 cars per household.
See below for how this compares to North East and the rest of England & Wales.