According to the public record, Granary House, East Benridge is a modern freehold house with 1,727 ft2 of internal area and sits on a 283 m2 plot.
Houses of this size in this area normally have 4 bedrooms with a garden.
Morpeth, NE61 is located within the NE61 postal district.
Granary House, East Benridge has a single entry in the Land Registry database from February 2014 and a single entry in the EPC database dated January 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 good condition, we estimate the current sale value for Granary House East Benridge as £377,192 and the rental value as £1,317 per month giving an expected gross yield of 4.2%.
Over the last 12 months the sale value of Granary House East Benridge has decreased by £6,681 (1.8%) and its rental value has increased by £62 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 Granary House, East Benridge is in very good condition we estimate a sale value of £396,052 and rental value of £1,383 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £350,789 and a rental value of £1,225 per month.
If you were able to purchase this property for the estimated value of £377,192, and assuming a 25 year repayment term, a 15% deposit and a fixed rate of 4.89%, your monthly repayments would be £1,854 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, Granary House, East Benridge sits on a plot of 283m2.
We have plot size data on 5 out of 7 other houses in the postcode and Granary House, East Benridge sits on the 2nd largest plot.
According to HM Land Registry, Granary House, East Benridge was last sold on 11 Feb 2014 for £337,500 and was recorded as a freehold house.
The property has only had this single sale since 1995.
Since Feb 2014, the market for similar properties has risen 33.4%
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to Granary House, East Benridge within a radius of 2.3 kilometres over the last 2 years.
The most recent example is 34, Comfrey Drive, Morpeth, NE61 3FN, a Freehold house which sold for £415,950 in Jun 2023.
Read more about house prices in NE61.
*Nearby is defined as the radius comprising the nearest 2,000 addresses.
Morpeth, NE61 has a total of 258 addresses. According to our analysis of all the public data, Granary House, East Benridge is the 97th largest and the 141st most expensive property on the street.
When compared to the postcode district it is £118k more expensive than the average property in NE61.
Granary House, East Benridge has an Energy Performance Rating (EPC) of C. This is based on the most recent assessment, dated 10 Jan 2012.
The property is not connected to mains gas and has fully double glazed windows. It is heated using an electric air source heat pump and radiators.
The closest station to Granary House, East Benridge is Morpeth station which is 3.4 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 Granary House, East Benridge, 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 Granary House, East Benridge, 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 Granary House, East Benridge, 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 Granary House, East Benridge, 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 Granary House, East Benridge, 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.