According to the public record, Orchard Rise, Morpeth is a modern freehold house with 3,196 ft2 of internal area and sits on a 1,437 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.
Orchard Rise, Morpeth has 41 entries in the Land Registry database, most recently in August 2023 and a single entry in the EPC database dated July 2017.
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 Orchard Rise Morpeth as £844,460 and the rental value as £2,091 per month giving an expected gross yield of 3%.
Over the last 12 months the sale value of Orchard Rise Morpeth has decreased by £16,664 (2.0%) and its rental value has increased by £96 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 Orchard Rise, Morpeth is in very good condition we estimate a sale value of £886,683 and rental value of £2,196 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £785,348 and a rental value of £1,945 per month.
If you were able to purchase this property for the estimated value of £844,460, and assuming a 25 year repayment term, a 15% deposit and a fixed rate of 4.89%, your monthly repayments would be £4,150 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, Orchard Rise, Morpeth sits on a plot of 1437m2.
We have plot size data on 7 out of 10 other houses in the postcode and Orchard Rise, Morpeth sits on the 7th largest plot.
According to HM Land Registry, Orchard Rise, Morpeth was last sold on 04 Aug 2023 for £830,000 and was recorded as a freehold house.
The property has had 4 sales since 1995.
Since Aug 2023, the market for similar properties has dropped 2.0%
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to Orchard Rise, Morpeth within a radius of 1.3 kilometres over the last 2 years.
The most recent example is Summerscott House, East Lane End, Morpeth, NE61 3JS, a Freehold house which sold for £825,000 in Sep 2023.
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, Orchard Rise, Morpeth is the 6th largest and the 9th most expensive property on the street.
When compared to the postcode district it is £586k more expensive than the average property in NE61.
Orchard Rise, Morpeth has an Energy Performance Rating (EPC) of D. This is based on the most recent assessment, dated 24 Jul 2017.
The property is not connected to mains gas and has fully double glazed windows. It is heated using an oil fired boiler and radiators.
The closest station to Orchard Rise, Morpeth is Morpeth station which is 2.2 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 Orchard Rise, 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 Orchard Rise, 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 Orchard Rise, 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 Orchard Rise, 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 Orchard Rise, 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.