According to the public record, Kern House, Morpeth is a modern freehold house with 1,105 ft2 of internal area and sits on a 336 m2 plot.
Houses of this size in this area normally have 3 bedrooms with a garden.
Whalton, Morpeth, NE61 is located within the NE61 postal district.
Kern House, Morpeth has a single entry in the Land Registry database from March 2012 and a single entry in the EPC database dated August 2010.
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 Kern House Morpeth as £396,109 and the rental value as £1,167 per month giving an expected gross yield of 3.5%.
Over the last 12 months the sale value of Kern House Morpeth has increased by £2,439 (0.6%) and its rental value has increased by £87 per month (7.5%).
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 Kern House, Morpeth is in very good condition we estimate a sale value of £415,914 and rental value of £1,226 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £368,381 and a rental value of £1,086 per month.
If you were able to purchase this property for the estimated value of £396,109, and assuming a 25 year repayment term, a 15% deposit and a fixed rate of 4.89%, your monthly repayments would be £1,947 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, Kern House, Morpeth sits on a plot of 336m2.
We have plot size data on 4 out of 8 other houses in the postcode and Kern House, Morpeth sits on the 4th largest plot.
According to HM Land Registry, Kern House, Morpeth was last sold on 23 Mar 2012 for £285,000 and was recorded as a freehold house.
The property has only had this single sale since 1995.
Since Mar 2012, the market for similar properties has risen 42.6%
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to Kern House, Morpeth within a radius of 7.3 kilometres over the last 2 years.
The most recent example is 4, Castle Ward Cottages, Morpeth, NE61 3XG, a Freehold house which sold for £210,000 in Aug 2020.
Read more about house prices in NE61.
*Nearby is defined as the radius comprising the nearest 2,000 addresses.
Whalton, Morpeth, NE61 has a total of 109 addresses. According to our analysis of all the public data, Kern House, Morpeth is the 82nd largest and the 81st most expensive property on the street.
When compared to the postcode district it is £137k more expensive than the average property in NE61.
Kern House, Morpeth has an Energy Performance Rating (EPC) of E. This is based on the most recent assessment, dated 12 Aug 2010.
The property is not connected to mains gas and has fully double glazed windows. It is heated using electric storage heaters.
The closest station to Kern House, Morpeth is Morpeth station which is 8.4 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 Kern House, Morpeth, 46.0% of property is privately owned outright and 31.3% 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 Kern House, Morpeth, 15.1% of residents are recorded as possessing school level qualifications and 48.6% 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 Kern House, 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 Kern House, Morpeth, 2.6% 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 Kern House, Morpeth, there are an average of 1.9 cars per household.
See below for how this compares to North East and the rest of England & Wales.