According to the public record, 9, Tweed Avenue, Morpeth is a mid-century leasehold house with 775 ft2 of internal area.
Houses of this size in this area normally have 3 bedrooms with a garden.
Tweed Avenue, Ellington, Morpeth, NE61 is located within the NE61 postal district.
9, Tweed Avenue, Morpeth has 2 entries in the Land Registry database, most recently in October 2013 and a single entry in the EPC database dated August 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 Tweed Avenue Morpeth as £128,631 and the rental value as £783 per month giving an expected gross yield of 7.3%.
Over the last 12 months the sale value of 9 Tweed Avenue Morpeth has increased by £3,065 (2.4%) and its rental value has increased by £77 per month (9.8%).
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, Tweed Avenue, Morpeth is in very good condition we estimate a sale value of £135,063 and rental value of £822 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £119,627 and a rental value of £728 per month.
If you were able to purchase this property for the estimated value of £128,631, and assuming a 25 year repayment term, a 15% deposit and a fixed rate of 4.89%, your monthly repayments would be £632 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 HM Land Registry, 9, Tweed Avenue, Morpeth was last sold on 28 Oct 2013 for £80,000 and was recorded as a leasehold house.
The property has had 2 sales since 1995.
Since Oct 2013, the market for similar properties has risen 41.9%
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to 9, Tweed Avenue, Morpeth within a radius of 1.8 kilometres over the last 2 years.
The most recent example is 37, Tweed Avenue, Morpeth, NE61 5ES, a Leasehold house which sold for £165,000 in Dec 2023.
Read more about house prices in NE61.
*Nearby is defined as the radius comprising the nearest 2,000 addresses.
Tweed Avenue, Ellington, Morpeth, NE61 has a total of 62 addresses. According to our analysis of all the public data, 9, Tweed Avenue, Morpeth is the 36th largest and the 27th most expensive property on the street.
When compared to the postcode district it is £130k less expensive than the average property in NE61.
9, Tweed Avenue, Morpeth has an Energy Performance Rating (EPC) of D. This is based on the most recent assessment, dated 19 Aug 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, Tweed Avenue, Morpeth is Widdrington station which is 4.2 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, Tweed Avenue, Morpeth, 48.4% of property is privately owned outright and 32.0% 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, Tweed Avenue, Morpeth, 21.4% of residents are recorded as possessing school level qualifications and 23.7% 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, Tweed Avenue, 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 9, Tweed Avenue, Morpeth, 1.8% 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, Tweed Avenue, Morpeth, there are an average of 1.5 cars per household.
See below for how this compares to North East and the rest of England & Wales.