According to the public record, Holly Lodge, Morpeth is a modern freehold house with 3,896 ft2 of internal area and sits on a 2,287 m2 plot.
Houses of this size in this area normally have 5 bedrooms with a garden.
Fulbeck, Morpeth, NE61 is located within the NE61 postal district.
Holly Lodge, Morpeth has a single entry in the Land Registry database from November 2017 and a single entry in the EPC database dated March 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 Holly Lodge Morpeth as £1,068,446 and the rental value as £2,646 per month giving an expected gross yield of 3%.
Over the last 12 months the sale value of Holly Lodge Morpeth has decreased by £21,083 (2.0%) and its rental value has increased by £121 per month (4.6%).
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 Holly Lodge, Morpeth is in very good condition we estimate a sale value of £1,121,868 and rental value of £2,778 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £993,654 and a rental value of £2,461 per month.
If you were able to purchase this property for the estimated value of £1,068,446, and assuming a 25 year repayment term, a 15% deposit and a fixed rate of 4.89%, your monthly repayments would be £5,251 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, Holly Lodge, Morpeth sits on a plot of 2287m2.
We have plot size data on 6 out of 14 other houses in the postcode and Holly Lodge, Morpeth sits on the 2nd largest plot.
According to HM Land Registry, Holly Lodge, Morpeth was last sold on 10 Nov 2017 for £495,000 and was recorded as a freehold house.
The property has only had this single sale since 1995.
Since Nov 2017, the market for similar properties has risen 19.7%
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to Holly Lodge, Morpeth within a radius of 1.2 kilometres over the last 2 years.
The most recent example is 15, Kings Avenue, Morpeth, NE61 1HX, a Freehold house which sold for £1,040,000 in Apr 2022.
Read more about house prices in NE61.
*Nearby is defined as the radius comprising the nearest 2,000 addresses.
Fulbeck, Morpeth, NE61 has a total of 25 addresses. According to our analysis of all the public data, Holly Lodge, Morpeth is the largest and the most expensive property on the street.
When compared to the postcode district it is £809k more expensive than the average property in NE61.
Holly Lodge, Morpeth has an Energy Performance Rating (EPC) of B. This is based on the most recent assessment, dated 16 Mar 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 Holly Lodge, Morpeth is Morpeth station which is 2.0 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 Holly Lodge, Morpeth, 51.7% of property is privately owned outright and 31.9% 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 Holly Lodge, Morpeth, 17.7% of residents are recorded as possessing school level qualifications and 61.0% 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 Holly Lodge, Morpeth, the average age was 45.1 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 Holly Lodge, Morpeth, 1.7% 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 Holly Lodge, 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.