According to the public record, Chibburn House, Morpeth is a modern freehold house with 1,302 ft2 of internal area and sits on a 824 m2 plot.
Houses of this size in this area normally have 4 bedrooms with a garden.
Mile Road, Widdrington, Morpeth, NE61 is located within the NE61 postal district.
Chibburn House, Morpeth has a single entry in the Land Registry database from November 2015 and a single entry in the EPC database dated September 2012.
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 Chibburn House Morpeth as £307,093 and the rental value as £1,224 per month giving an expected gross yield of 4.8%.
Over the last 12 months the sale value of Chibburn House Morpeth has decreased by £4,428 (1.4%) and its rental value has increased by £64 per month (5.2%).
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 Chibburn House, Morpeth is in very good condition we estimate a sale value of £322,448 and rental value of £1,285 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £285,597 and a rental value of £1,138 per month.
If you were able to purchase this property for the estimated value of £307,093, and assuming a 25 year repayment term, a 15% deposit and a fixed rate of 4.89%, your monthly repayments would be £1,509 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, Chibburn House, Morpeth sits on a plot of 824m2.
We have plot size data on 16 out of 27 other houses in the postcode and Chibburn House, Morpeth sits on the 9th largest plot.
According to HM Land Registry, Chibburn House, Morpeth was last sold on 04 Nov 2015 for £285,000 and was recorded as a freehold house.
The property has only had this single sale since 1995.
Since Nov 2015, the market for similar properties has risen 31.7%
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to Chibburn House, Morpeth within a radius of 3.2 kilometres over the last 2 years.
The most recent example is Auckland, Mile Road, Morpeth, NE61 5QR, a Freehold house which sold for £220,000 in Jan 2024.
Read more about house prices in NE61.
*Nearby is defined as the radius comprising the nearest 2,000 addresses.
Mile Road, Widdrington, Morpeth, NE61 has a total of 108 addresses. According to our analysis of all the public data, Chibburn House, Morpeth is the 37th largest and the 36th most expensive property on the street.
When compared to the postcode district it is £48k more expensive than the average property in NE61.
Chibburn House, Morpeth has an Energy Performance Rating (EPC) of D. This is based on the most recent assessment, dated 07 Sep 2012.
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 Chibburn House, Morpeth is Widdrington station which is 700 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 Chibburn House, Morpeth, 67.4% of property is privately owned outright and 23.1% 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 Chibburn House, Morpeth, 9.5% of residents are recorded as possessing school level qualifications and 32.1% 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 Chibburn House, 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 Chibburn House, 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 Chibburn House, 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.