According to the public record, Schonbrunn, Morpeth is a modern freehold house with 2,400 ft2 of internal area and sits on a 10,863 m2 plot.
Houses of this size in this area normally have 5 bedrooms with a garden.
Gubeon Wood, Tranwell Woods, Morpeth, NE61 is located within the NE61 postal district.
Schonbrunn, Morpeth has a single entry in the Land Registry database from April 2021 and a single entry in the EPC database dated May 2018.
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 Schonbrunn Morpeth as £1,275,979 and the rental value as £3,160 per month giving an expected gross yield of 3%.
Over the last 12 months the sale value of Schonbrunn Morpeth has decreased by £22,839 (1.8%) and its rental value has increased by £149 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 Schonbrunn, Morpeth is in very good condition we estimate a sale value of £1,339,778 and rental value of £3,318 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £1,186,660 and a rental value of £2,939 per month.
If you were able to purchase this property for the estimated value of £1,275,979, and assuming a 25 year repayment term, a 15% deposit and a fixed rate of 4.89%, your monthly repayments would be £6,271 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, Schonbrunn, Morpeth sits on a plot of 10863m2.
We have plot size data on 7 out of 10 other houses in the postcode and Schonbrunn, Morpeth sits on the 7th largest plot.
According to HM Land Registry, Schonbrunn, Morpeth was last sold on 16 Apr 2021 for £1,200,000 and was recorded as a freehold house.
The property has only had this single sale since 1995.
Since Apr 2021, the market for similar properties has risen 9.5%
According to the Land Registry and our network of Estate Agents, there have been 3 property sales within a 3.0 kilometres radius of Schonbrunn, Morpeth over the last 2 years.
The most recent example is Acorn Lodge, Gubeon Wood, Morpeth, NE61 6BH, a Freehold house which sold for £1,712,500 in Jun 2021.
Read more about house prices in NE61.
Gubeon Wood, Tranwell Woods, Morpeth, NE61 has a total of 10 addresses. According to our analysis of all the public data, Schonbrunn, Morpeth is the 10th largest and the 7th most expensive property on the street.
When compared to the postcode district it is £1.017m more expensive than the average property in NE61.
Schonbrunn, Morpeth has an Energy Performance Rating (EPC) of E. This is based on the most recent assessment, dated 22 May 2018.
The property is connected to mains gas and has fully double glazed windows. It is heated using an oil fired boiler and radiators.
The closest station to Schonbrunn, Morpeth is Morpeth station which is 3.6 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 Schonbrunn, Morpeth, 43.8% of property is privately owned outright and 28.9% 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 Schonbrunn, Morpeth, 15.3% of residents are recorded as possessing school level qualifications and 40.4% 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 Schonbrunn, 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 Schonbrunn, Morpeth, 2.2% 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 Schonbrunn, 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.