According to the public record, 9, Burghley Gardens, Morpeth is a modern freehold house with 1,431 ft2 of internal area and sits on a 248 m2 plot.
Houses of this size in this area normally have 4 bedrooms with a garden.
Burghley Gardens, Pegswood, Morpeth, NE61 is located within the NE61 postal district.
9, Burghley Gardens, Morpeth has 31 entries in the Land Registry database, most recently in July 2014 and a single entry in the EPC database dated May 2013.
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 9 Burghley Gardens Morpeth as £297,151 and the rental value as £1,226 per month giving an expected gross yield of 5%.
Over the last 12 months the sale value of 9 Burghley Gardens Morpeth has decreased by £3,043 (1.0%) and its rental value has increased by £70 per month (5.7%).
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 9, Burghley Gardens, Morpeth is in very good condition we estimate a sale value of £312,009 and rental value of £1,288 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £276,351 and a rental value of £1,141 per month.
If you were able to purchase this property for the estimated value of £297,151, and assuming a 25 year repayment term, a 15% deposit and a fixed rate of 4.89%, your monthly repayments would be £1,460 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, 9, Burghley Gardens, Morpeth sits on a plot of 248m2.
We have plot size data on 23 out of 31 other houses in the postcode and 9, Burghley Gardens, Morpeth sits on the 15th largest plot.
According to HM Land Registry, 9, Burghley Gardens, Morpeth was last sold on 21 Jul 2014 for £188,000 and was recorded as a freehold house.
The property has had 3 sales since 1995.
Since Jul 2014, the market for similar properties has risen 29.6%
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to 9, Burghley Gardens, Morpeth within a radius of 2.2 kilometres over the last 2 years.
The most recent example is 15, Trentham Gardens, Morpeth, NE61 6TJ, a Freehold house which sold for £350,000 in May 2023.
Read more about house prices in NE61.
*Nearby is defined as the radius comprising the nearest 2,000 addresses.
Burghley Gardens, Pegswood, Morpeth, NE61 has a total of 31 addresses. According to our analysis of all the public data, 9, Burghley Gardens, Morpeth is the 3rd largest and the 3rd most expensive property on the street.
When compared to the postcode district it is £38k more expensive than the average property in NE61.
9, Burghley Gardens, Morpeth has an Energy Performance Rating (EPC) of D. This is based on the most recent assessment, dated 15 May 2013.
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 9, Burghley Gardens, Morpeth is Pegswood station which is 600 metres 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 9, Burghley Gardens, Morpeth, 44.2% of property is privately owned with a mortgage and 40.8% 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 9, Burghley Gardens, Morpeth, 19.3% of residents are recorded as possessing school level qualifications and 37.7% 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 9, Burghley Gardens, 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 9, Burghley Gardens, Morpeth, 0.6% 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 9, Burghley Gardens, Morpeth, there are an average of 1.6 cars per household.
See below for how this compares to North East and the rest of England & Wales.