According to the public record, East Farm, Morpeth is a mid-century house with 3,121 ft2 of internal area and sits on a 517 m2 plot.
Houses of this size in this area normally have 5 bedrooms with a garden.
Hebron, Morpeth, NE61 is located within the NE61 postal district.
East Farm, Morpeth has no records in the Land Registry database and a single entry in the EPC database dated May 2017.
We combine this information with public data 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 East Farm Morpeth as £679,118 and the rental value as £1,777 per month giving an expected gross yield of 3.1%.
Over the last 12 months the sale value of East Farm Morpeth has decreased by £12,155 (1.8%) and its rental value has increased by £84 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 East Farm, Morpeth is in very good condition we estimate a sale value of £713,074 and rental value of £1,866 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £631,580 and a rental value of £1,653 per month.
If you were able to purchase this property for the estimated value of £679,118, and assuming a 25 year repayment term, a 15% deposit and a fixed rate of 4.89%, your monthly repayments would be £3,338 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, East Farm, Morpeth sits on a plot of 517m2.
We have plot size data on 15 out of 34 other houses in the postcode and East Farm, Morpeth sits on the 13th largest plot.
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to East Farm, Morpeth within a radius of 3.3 kilometres over the last 2 years.
The most recent example is 2, Whinchat Way, Morpeth, NE61 1EW, a Freehold house which sold for £754,950 in Dec 2022.
Read more about house prices in NE61.
*Nearby is defined as the radius comprising the nearest 2,000 addresses.
Hebron, Morpeth, NE61 has a total of 35 addresses. According to our analysis of all the public data, East Farm, Morpeth is the 2nd largest and the 2nd most expensive property on the street.
When compared to the postcode district it is £420k more expensive than the average property in NE61.
East Farm, Morpeth has an Energy Performance Rating (EPC) of G. This is based on the most recent assessment, dated 09 May 2017.
The property is not connected to mains gas and has mostly double glazing. It is heated using an oil fired boiler and radiators.
The closest station to East Farm, Morpeth is Pegswood station which is 4.1 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 East Farm, Morpeth, 29.4% of property is privately owned outright and 28.8% is socially 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 East Farm, Morpeth, 13.5% of residents are recorded as possessing school level qualifications and 34.4% 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 East Farm, 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 East Farm, Morpeth, 0.9% 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 East Farm, Morpeth, there are an average of 1.6 cars per household.
See below for how this compares to North East and the rest of England & Wales.