According to the public record, Chase Lodge, Morpeth is a modern freehold house with 2,411 ft2 of internal area and sits on a 1,345 m2 plot.
Houses of this size in this area normally have 5 bedrooms with a garden.
Bainbridge Lane, Eshott, Morpeth, NE65 is located within the NE65 postal district.
Chase Lodge, Morpeth has 21 entries in the Land Registry database, most recently in January 2011 and a single entry in the EPC database dated July 2022.
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 Chase Lodge Morpeth as £725,680 and the rental value as £1,797 per month giving an expected gross yield of 3%.
Over the last 12 months the sale value of Chase Lodge Morpeth has decreased by £12,516 (1.7%) and its rental value has increased by £81 per month (4.5%).
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 Chase Lodge, Morpeth is in very good condition we estimate a sale value of £761,964 and rental value of £1,887 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £674,882 and a rental value of £1,671 per month.
If you were able to purchase this property for the estimated value of £725,680, and assuming a 25 year repayment term, a 15% deposit and a fixed rate of 4.89%, your monthly repayments would be £3,566 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, Chase Lodge, Morpeth sits on a plot of 1345m2.
We have plot size data on 6 out of 8 other houses in the postcode and Chase Lodge, Morpeth sits on the 2nd largest plot.
According to HM Land Registry, Chase Lodge, Morpeth was last sold on 14 Jan 2011 for £560,000 and was recorded as a freehold house.
The property has had 2 sales since 1995.
Since Jan 2011, the market for similar properties has risen 41.5%
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to Chase Lodge, Morpeth within a radius of 5.2 kilometres over the last 2 years.
The most recent example is Badgers Holt, Kennel Wood, Morpeth, NE65 9FE, a Freehold house which sold for £750,000 in Nov 2022.
Read more about house prices in NE65.
*Nearby is defined as the radius comprising the nearest 2,000 addresses.
Bainbridge Lane, Eshott, Morpeth, NE65 has a total of 8 addresses. According to our analysis of all the public data, Chase Lodge, Morpeth is the 2nd largest and the 2nd most expensive property on the street.
When compared to the postcode district it is £450k more expensive than the average property in NE65.
Chase Lodge, Morpeth has an Energy Performance Rating (EPC) of C. This is based on the most recent assessment, dated 05 Jul 2022.
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 Chase Lodge, Morpeth is Acklington 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 Chase Lodge, Morpeth, 48.5% of property is privately owned outright and 33.1% 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 Chase Lodge, Morpeth, 11.3% of residents are recorded as possessing school level qualifications and 50.5% 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 Chase Lodge, Morpeth, the average age was 44.7 and the most common age was 57.
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 Chase Lodge, Morpeth, 1.1% 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 Chase Lodge, Morpeth, there are an average of 1.8 cars per household.
See below for how this compares to North East and the rest of England & Wales.