According to the public record, 9, Mitford Road, Morpeth is a early-century freehold house with 1,030 ft2 of internal area and sits on a 415 m2 plot.
Houses of this size in this area normally have 3 bedrooms with a garden.
Mitford Road, Morpeth, NE61 is located within the NE61 postal district.
9, Mitford Road, Morpeth has a single entry in the Land Registry database from February 2015 and a single entry in the EPC database dated March 2010.
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 Mitford Road Morpeth as £246,420 and the rental value as £1,148 per month giving an expected gross yield of 5.6%.
Over the last 12 months the sale value of 9 Mitford Road Morpeth has decreased by £3,791 (1.5%) and its rental value has increased by £58 per month (5.1%).
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 9, Mitford Road, Morpeth is in very good condition we estimate a sale value of £258,741 and rental value of £1,205 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £229,170 and a rental value of £1,067 per month.
If you were able to purchase this property for the estimated value of £246,420, and assuming a 25 year repayment term, a 15% deposit and a fixed rate of 4.89%, your monthly repayments would be £1,211 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, Mitford Road, Morpeth sits on a plot of 415m2.
We have plot size data on 20 out of 38 other houses in the postcode and 9, Mitford Road, Morpeth sits on the 2nd largest plot.
According to HM Land Registry, 9, Mitford Road, Morpeth was last sold on 06 Feb 2015 for £210,000 and was recorded as a freehold house.
The property has only had this single sale since 1995.
Since Feb 2015, the market for similar properties has risen 29.9%
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to 9, Mitford Road, Morpeth within a radius of 750 metres over the last 2 years.
The most recent example is 5, Hollon Street, Morpeth, NE61 1QX, a Freehold house which sold for £200,000 in Jun 2023.
Read more about house prices in NE61.
*Nearby is defined as the radius comprising the nearest 2,000 addresses.
Mitford Road, Morpeth, NE61 has a total of 47 addresses. According to our analysis of all the public data, 9, Mitford Road, Morpeth is the 35th largest and the 35th most expensive property on the street.
When compared to the postcode district it is £13k less expensive than the average property in NE61.
9, Mitford Road, Morpeth has an Energy Performance Rating (EPC) of D. This is based on the most recent assessment, dated 05 Mar 2010.
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, Mitford Road, Morpeth is Morpeth station which is 1.3 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 9, Mitford Road, Morpeth, 63.2% of property is privately owned outright and 27.2% 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 9, Mitford Road, Morpeth, 14.2% of residents are recorded as possessing school level qualifications and 52.2% 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, Mitford Road, Morpeth, the average age was 47.5 and the most common age was 72.
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, Mitford Road, Morpeth, 1.3% 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, Mitford Road, 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.