According to the public record, Hepscott House, Morpeth is a modern freehold house with 1,539 ft2 of internal area and sits on a 348 m2 plot.
Houses of this size in this area normally have 4 bedrooms with a garden.
Northumberland Gardens, Morpeth, NE61 is located within the NE61 postal district.
Hepscott House, Morpeth has a single entry in the Land Registry database from June 2023 and a single entry in the EPC database dated May 2020.
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 Hepscott House Morpeth as £579,360 and the rental value as £1,421 per month giving an expected gross yield of 2.9%.
Over the last 12 months the sale value of Hepscott House Morpeth has decreased by £9,084 (1.6%) and its rental value has increased by £71 per month (5.0%).
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 Hepscott House, Morpeth is in very good condition we estimate a sale value of £608,328 and rental value of £1,492 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £538,805 and a rental value of £1,321 per month.
If you were able to purchase this property for the estimated value of £579,360, and assuming a 25 year repayment term, a 15% deposit and a fixed rate of 4.89%, your monthly repayments would be £2,847 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, Hepscott House, Morpeth sits on a plot of 348m2.
We have plot size data on 4 out of 4 other houses in the postcode and Hepscott House, Morpeth sits on the 3rd largest plot.
According to HM Land Registry, Hepscott House, Morpeth was last sold on 20 Jun 2023 for £555,000 and was recorded as a freehold house.
The property has only had this single sale since 1995.
Since Jun 2023, the market for similar properties has dropped 1.5%
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to Hepscott House, Morpeth within a radius of 710 metres over the last 2 years.
The most recent example is 20, Thorp Avenue, Morpeth, NE61 1JS, a Freehold house which sold for £650,000 in Aug 2022.
Read more about house prices in NE61.
*Nearby is defined as the radius comprising the nearest 2,000 addresses.
Northumberland Gardens, Morpeth, NE61 has a total of 15 addresses. According to our analysis of all the public data, Hepscott House, Morpeth is the largest and the most expensive property on the street.
When compared to the postcode district it is £320k more expensive than the average property in NE61.
Hepscott House, Morpeth has an Energy Performance Rating (EPC) of B. This is based on the most recent assessment, dated 21 May 2020.
The property is not connected to mains gas and has high performance glazing. It is heated using a boiler with both radiators and underfloor heating.
The closest station to Hepscott House, Morpeth is Morpeth station which is 1.1 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 Hepscott House, Morpeth, 35.9% of property is privately owned outright and 34.5% is privately 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 Hepscott House, Morpeth, 12.5% of residents are recorded as possessing school level qualifications and 42.8% 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 Hepscott House, Morpeth, the average age was 48.3 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 Hepscott House, Morpeth, 1.5% 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 Hepscott House, Morpeth, there are an average of 1.1 cars per household.
See below for how this compares to North East and the rest of England & Wales.