According to the public record, Greenlea, Morpeth is a early-century freehold house with 1,154 ft2 of internal area and sits on a 326 m2 plot.
Houses of this size in this area normally have 3 bedrooms with a garden.
West Thirston, Morpeth, NE65 is located within the NE65 postal district.
Greenlea, Morpeth has 21 entries in the Land Registry database, most recently in June 2012 and a single entry in the EPC database dated December 2011.
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 Greenlea Morpeth as £320,453 and the rental value as £1,296 per month giving an expected gross yield of 4.9%.
Over the last 12 months the sale value of Greenlea Morpeth has decreased by £961 (0.3%) and its rental value has increased by £78 per month (6.0%).
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 Greenlea, Morpeth is in very good condition we estimate a sale value of £336,476 and rental value of £1,361 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £298,021 and a rental value of £1,205 per month.
If you were able to purchase this property for the estimated value of £320,453, and assuming a 25 year repayment term, a 15% deposit and a fixed rate of 4.89%, your monthly repayments would be £1,575 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, Greenlea, Morpeth sits on a plot of 326m2.
We have plot size data on 18 out of 31 other houses in the postcode and Greenlea, Morpeth sits on the 17th largest plot.
According to HM Land Registry, Greenlea, Morpeth was last sold on 15 Jun 2012 for £199,000 and was recorded as a freehold house.
The property has had 2 sales since 1995.
Since Jun 2012, the market for similar properties has risen 41.6%
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to Greenlea, Morpeth within a radius of 5.9 kilometres over the last 2 years.
The most recent example is Thirston Cottage, Morpeth, NE65 9EG, a Freehold house which sold for £280,000 in Mar 2023.
Read more about house prices in NE65.
*Nearby is defined as the radius comprising the nearest 2,000 addresses.
West Thirston, Morpeth, NE65 has a total of 81 addresses. According to our analysis of all the public data, Greenlea, Morpeth is the 62nd largest and the 67th most expensive property on the street.
When compared to the postcode district it is £45k more expensive than the average property in NE65.
Greenlea, Morpeth has an Energy Performance Rating (EPC) of E. This is based on the most recent assessment, dated 07 Dec 2011.
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 Greenlea, Morpeth is Acklington station which is 3.7 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 Greenlea, Morpeth, 60.3% of property is privately owned outright and 26.9% 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 Greenlea, Morpeth, 16.1% of residents are recorded as possessing school level qualifications and 58.3% 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 Greenlea, 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 Greenlea, Morpeth, 3.4% 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 Greenlea, 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.