According to the public record, 26B, Alexandra Road, Morpeth is a period freehold house and with 731 ft2 of internal area and sits on a 74.4 m2 plot.
Houses of this size in this area normally have 3 bedrooms with a garden.
Alexandra Road, Morpeth, NE61 is located within the NE61 postal district.
26B, Alexandra Road, Morpeth has 3 entries in the Land Registry database, most recently in March 2023 and no records in the EPC database.
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 26B Alexandra Road Morpeth as £172,869 and the rental value as £1,008 per month giving an expected gross yield of 7%.
Over the last 12 months the sale value of 26B Alexandra Road Morpeth has increased by £937 (0.5%) and its rental value has increased by £73 per month (7.3%).
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 26B, Alexandra Road, Morpeth is in very good condition we estimate a sale value of £181,512 and rental value of £1,058 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £160,768 and a rental value of £937 per month.
If you were able to purchase this property for the estimated value of £172,869, and assuming a 25 year repayment term, a 15% deposit and a fixed rate of 4.89%, your monthly repayments would be £850 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, 26B, Alexandra Road, Morpeth sits on a plot of 74m2.
We have plot size data on 17 out of 32 other houses in the postcode and 26B, Alexandra Road, Morpeth sits on the 16th largest plot.
According to HM Land Registry, 26B, Alexandra Road, Morpeth was last sold on 28 Mar 2023 for £141,500 and was recorded as a freehold house.
The property has had 3 sales since 1995.
Since Mar 2023, the market for similar properties has risen 3.3%
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to 26B, Alexandra Road, Morpeth within a radius of 282m over the last 2 years.
The most recent example is 22, Queen Street, Morpeth, NE61 1TX, a Freehold house which sold for £145,500 in Oct 2021.
Read more about house prices in NE61.
Alexandra Road, Morpeth, NE61 has a total of 33 addresses. According to our analysis of all the public data, 26B, Alexandra Road, Morpeth is the 29th largest and the 29th most expensive property on the street.
When compared to the postcode district it is £86k less expensive than the average property in NE61.
26B, Alexandra Road, Morpeth has an Energy Performance Rating (EPC) of D. This is based on the most recent assessment, dated 23 Sep 2020.
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 26B, Alexandra Road, Morpeth is Morpeth station which is 400 m 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 26B, Alexandra Road, Morpeth, 51.6% of property is privately owned outright and 25.8% is privately rented.
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 26B, Alexandra Road, Morpeth, 7.1% of residents are recorded as possessing school level qualifications and 38.8% 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 26B, Alexandra Road, 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 26B, Alexandra Road, 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 26B, Alexandra Road, Morpeth, there are an average of 0.8 cars per household.
See below for how this compares to North East and the rest of England & Wales.