According to the public record, 9, Stobhill Villas, Morpeth is a early-century freehold house with 1,235 ft2 of internal area and sits on a 259 m2 plot.
Houses of this size in this area normally have 4 bedrooms with a garden.
Stobhill Villas, Morpeth, NE61 is located within the NE61 postal district.
9, Stobhill Villas, Morpeth has 21 entries in the Land Registry database, most recently in October 2010 and a single entry in the EPC database dated July 2009.
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 Stobhill Villas Morpeth as £276,996 and the rental value as £1,211 per month giving an expected gross yield of 5.2%.
Over the last 12 months the sale value of 9 Stobhill Villas Morpeth has decreased by £5,160 (1.9%) and its rental value has increased by £57 per month (4.7%).
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, Stobhill Villas, Morpeth is in very good condition we estimate a sale value of £290,846 and rental value of £1,271 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £257,606 and a rental value of £1,126 per month.
If you were able to purchase this property for the estimated value of £276,996, and assuming a 25 year repayment term, a 15% deposit and a fixed rate of 4.89%, your monthly repayments would be £1,361 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, Stobhill Villas, Morpeth sits on a plot of 259m2.
We have plot size data on 22 out of 42 other houses in the postcode and 9, Stobhill Villas, Morpeth sits on the 14th largest plot.
According to HM Land Registry, 9, Stobhill Villas, Morpeth was last sold on 22 Oct 2010 for £212,000 and was recorded as a freehold house.
The property has had 2 sales since 1995.
Since Oct 2010, the market for similar properties has risen 31.4%
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to 9, Stobhill Villas, Morpeth within a radius of 620 metres over the last 2 years.
The most recent example is 33, Stobhill Villas, Morpeth, NE61 2SH, a Freehold house which sold for £310,000 in Mar 2024.
Read more about house prices in NE61.
*Nearby is defined as the radius comprising the nearest 2,000 addresses.
Stobhill Villas, Morpeth, NE61 has a total of 42 addresses. According to our analysis of all the public data, 9, Stobhill Villas, Morpeth is the 16th largest and the 17th most expensive property on the street.
When compared to the postcode district it is £18k more expensive than the average property in NE61.
9, Stobhill Villas, Morpeth has an Energy Performance Rating (EPC) of E. This is based on the most recent assessment, dated 22 Jul 2009.
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, Stobhill Villas, Morpeth is Morpeth station which is 200 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, Stobhill Villas, Morpeth, 67.7% of property is privately owned outright and 22.3% 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 9, Stobhill Villas, Morpeth, 12.1% of residents are recorded as possessing school level qualifications and 50.0% 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 9, Stobhill Villas, Morpeth, the average age was 48.3 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, Stobhill Villas, Morpeth, 2.0% 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 9, Stobhill Villas, 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.