According to the public record, Castle Villa, Morpeth is a period freehold house with 1,259 ft2 of internal area and sits on a 975 m2 plot.
Houses of this size in this area normally have 4 bedrooms with a garden.
Castle Walk, Morpeth, NE61 is located within the NE61 postal district.
Castle Villa, Morpeth has a single entry in the Land Registry database from August 2014 and a single entry in the EPC database dated January 2015.
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 Castle Villa Morpeth as £265,453 and the rental value as £1,213 per month giving an expected gross yield of 5.5%.
Over the last 12 months the sale value of Castle Villa Morpeth has decreased by £5,077 (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 Castle Villa, Morpeth is in very good condition we estimate a sale value of £278,725 and rental value of £1,274 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £246,871 and a rental value of £1,128 per month.
If you were able to purchase this property for the estimated value of £265,453, and assuming a 25 year repayment term, a 15% deposit and a fixed rate of 4.89%, your monthly repayments would be £1,305 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, Castle Villa, Morpeth sits on a plot of 975m2.
We have plot size data on 1 out of 3 other houses in the postcode and Castle Villa, Morpeth sits on the largest plot.
According to HM Land Registry, Castle Villa, Morpeth was last sold on 21 Aug 2014 for £220,000 and was recorded as a freehold house.
The property has only had this single sale since 1995.
Since Aug 2014, the market for similar properties has risen 28.3%
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to Castle Villa, Morpeth within a radius of 620 metres over the last 2 years.
The most recent example is 26, Whiteacres, Morpeth, NE61 2UT, a Freehold house which sold for £262,500 in Mar 2024.
Read more about house prices in NE61.
*Nearby is defined as the radius comprising the nearest 2,000 addresses.
Castle Walk, Morpeth, NE61 has a total of 3 addresses. According to our analysis of all the public data, Castle Villa, Morpeth is the 2nd largest and the 3rd most expensive property on the street.
When compared to the postcode district it is £7k more expensive than the average property in NE61.
Castle Villa, Morpeth has an Energy Performance Rating (EPC) of E. This is based on the most recent assessment, dated 07 Jan 2015.
The property is connected to mains gas and has single glazed windows. It is heated using a boiler and radiators.
The closest station to Castle Villa, Morpeth is Morpeth station which is 400 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 Castle Villa, Morpeth, 59.9% of property is privately owned outright and 31.7% 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 Castle Villa, Morpeth, 16.4% of residents are recorded as possessing school level qualifications and 46.9% 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 Castle Villa, 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 Castle Villa, Morpeth, 0.5% 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 Castle Villa, 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.