According to the public record, Lodge, Morpeth is a period freehold house with 1,291 ft2 of internal area and sits on a 1,098 m2 plot.
Houses of this size in this area normally have 4 bedrooms with a garden.
Longwitton, Morpeth, NE61 is located within the NE61 postal district.
Lodge, Morpeth has 21 entries in the Land Registry database, most recently in April 2007 and a single entry in the EPC database dated June 2014.
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 Lodge Morpeth as £423,724 and the rental value as £1,176 per month giving an expected gross yield of 3.3%.
Over the last 12 months the sale value of Lodge Morpeth has decreased by £4,271 (1.0%) and its rental value has increased by £66 per month (5.6%).
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 Lodge, Morpeth is in very good condition we estimate a sale value of £444,910 and rental value of £1,235 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £394,063 and a rental value of £1,094 per month.
If you were able to purchase this property for the estimated value of £423,724, and assuming a 25 year repayment term, a 15% deposit and a fixed rate of 4.89%, your monthly repayments would be £2,082 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, Lodge, Morpeth sits on a plot of 1098m2.
According to HM Land Registry, Lodge, Morpeth was last sold on 30 Apr 2007 for £330,000 and was recorded as a freehold house.
The property has had 2 sales since 1995.
Since Apr 2007, the market for similar properties has risen 32.3%
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to Lodge, Morpeth within a radius of 10.3 kilometres over the last 2 years.
The most recent example is 6, Netherwitton Village, Morpeth, NE61 4NU, a Freehold house which sold for £350,000 in Jul 2023.
Read more about house prices in NE61.
*Nearby is defined as the radius comprising the nearest 2,000 addresses.
Longwitton, Morpeth, NE61 has a total of 48 addresses. According to our analysis of all the public data, Lodge, Morpeth is the 27th largest and the 26th most expensive property on the street.
When compared to the postcode district it is £165k more expensive than the average property in NE61.
Lodge, Morpeth has an Energy Performance Rating (EPC) of G. This is based on the most recent assessment, dated 04 Jun 2014.
The property is not connected to mains gas and has fully double glazed windows. It is heated using Boiler and radiators, bottled LPG.
The closest station to Lodge, Morpeth is Morpeth station which is 12.6 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 Lodge, Morpeth, 42.0% of property is privately owned outright and 38.7% 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 Lodge, Morpeth, 11.9% of residents are recorded as possessing school level qualifications and 41.8% 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 Lodge, 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 Lodge, Morpeth, 1.1% 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 Lodge, 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.