According to the public record, Priorsgate House, Morpeth is a period house with 5,371 ft2 of internal area and sits on a 41,580 m2 plot.
Houses of this size in this area normally have 5 bedrooms with a garden.
Longframlington, Morpeth, NE65 is located within the NE65 postal district.
Priorsgate House, Morpeth has no records in the Land Registry database and a single entry in the EPC database dated July 2014.
We combine this information with public data 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 Priorsgate House Morpeth as £724,153 and the rental value as £2,592 per month giving an expected gross yield of 4.3%.
Over the last 12 months the sale value of Priorsgate House Morpeth has decreased by £14,119 (1.9%) and its rental value has increased by £99 per month (3.8%).
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 Priorsgate House, Morpeth is in very good condition we estimate a sale value of £760,361 and rental value of £2,722 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £673,462 and a rental value of £2,411 per month.
If you were able to purchase this property for the estimated value of £724,153, and assuming a 25 year repayment term, a 15% deposit and a fixed rate of 4.89%, your monthly repayments would be £3,559 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, Priorsgate House, Morpeth sits on a plot of 41580m2.
We have plot size data on 4 out of 8 other houses in the postcode and Priorsgate House, Morpeth sits on the largest plot.
According to the Land Registry and our network of Estate Agents, there have been 3 property sales within a 5.6 kilometres radius of Priorsgate House, Morpeth over the last 2 years.
The most recent example is Priorsgate Garden Cottage, Morpeth, NE65 8HZ, a Freehold house which sold for £300,000 in Nov 2018.
Read more about house prices in NE65.
Longframlington, Morpeth, NE65 has a total of 213 addresses. According to our analysis of all the public data, Priorsgate House, Morpeth is the 2nd largest and the 14th most expensive property on the street.
When compared to the postcode district it is £449k more expensive than the average property in NE65.
Priorsgate House, Morpeth has an Energy Performance Rating (EPC) of D. This is based on the most recent assessment, dated 29 Jul 2014.
The property is not connected to mains gas and has mostly secondary glazing. It is heated using an oil fired boiler and radiators.
The closest station to Priorsgate House, Morpeth is Acklington station which is 11.8 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 Priorsgate House, Morpeth, 50.6% of property is privately owned outright and 30.3% 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 Priorsgate House, Morpeth, 19.0% of residents are recorded as possessing school level qualifications and 40.5% 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 Priorsgate House, Morpeth, the average age was 50.7 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 Priorsgate House, Morpeth, 1.4% 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 Priorsgate House, Morpeth, there are an average of 2.0 cars per household.
See below for how this compares to North East and the rest of England & Wales.