According to the public record, Raintree, Morpeth is a modern house with 1,033 ft2 of internal area.
Houses of this size in this area normally have 3 bedrooms with a garden.
Gloster Hill, Amble, Morpeth, NE65 is located within the NE65 postal district.
Raintree, Morpeth has no records in the Land Registry database and a single entry in the EPC database dated May 2011.
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 Raintree Morpeth as £381,772 and the rental value as £1,344 per month giving an expected gross yield of 4.2%.
Over the last 12 months the sale value of Raintree Morpeth has decreased by £2,485 (0.7%) and its rental value has increased by £63 per month (4.7%).
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 Raintree, Morpeth is in very good condition we estimate a sale value of £400,861 and rental value of £1,411 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £355,048 and a rental value of £1,250 per month.
If you were able to purchase this property for the estimated value of £381,772, and assuming a 25 year repayment term, a 15% deposit and a fixed rate of 4.89%, your monthly repayments would be £1,876 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 the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to Raintree, Morpeth within a radius of 1.2 kilometres over the last 2 years.
The most recent example is 3, The Steadings, Morpeth, NE65 0WR, a Freehold house which sold for £320,000 in Mar 2016.
Read more about house prices in NE65.
*Nearby is defined as the radius comprising the nearest 2,000 addresses.
Gloster Hill, Amble, Morpeth, NE65 has a total of 10 addresses. According to our analysis of all the public data, Raintree, Morpeth is the 10th largest and the 10th most expensive property on the street.
When compared to the postcode district it is £106k more expensive than the average property in NE65.
Raintree, Morpeth has an Energy Performance Rating (EPC) of D. This is based on the most recent assessment, dated 09 May 2011.
The property is not connected to mains gas and has mostly double glazing. It is heated using an oil fired boiler and radiators.
The closest station to Raintree, Morpeth is Acklington station which is 4.7 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 Raintree, Morpeth, 67.9% of property is privately owned outright and 18.8% 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 Raintree, Morpeth, 3.3% of residents are recorded as possessing school level qualifications and 43.8% 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 Raintree, Morpeth, the average age was 48 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 Raintree, Morpeth, 0.0% 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 Raintree, Morpeth, there are an average of 1.3 cars per household.
See below for how this compares to North East and the rest of England & Wales.