Shamal, Morpeth has 21 entries in the Land Registry database, most recently in November 2023 and a single entry in the EPC database dated April 2023.
We combine this information with that of neighbouring properties to estimate the property attributes and values.
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 Shamal, Morpeth is in very good condition we estimate a sale value of £344,660 and rental value of £1,278 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £305,270 and a rental value of £1,132 per month.
If you were able to purchase this property for the estimated value of £328,247, and assuming a 25 year repayment term, a 15% deposit and a fixed rate of 4.89%, your monthly repayments would be £1,613 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, Shamal, Morpeth sits on a plot of 802m2.
We have plot size data on 16 out of 27 other houses in the postcode and Shamal, Morpeth sits on the 10th largest plot.
According to HM Land Registry, Shamal, Morpeth was last sold on 01 Nov 2023 for £390,000 and was recorded as a freehold house.
The property has had 2 sales since 1995.
Since Nov 2023, the market for similar properties has risen 1.5%
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to Shamal, Morpeth within a radius of 3.2 kilometres over the last 2 years.
The most recent example is The Retreat, Mile Road, Morpeth, NE61 5QW, a Freehold house which sold for £235,000 in Apr 2020.
Read more about house prices in NE61.
*Nearby is defined as the radius comprising the nearest 2,000 addresses.
Mile Road, Widdrington, Morpeth, NE61 has a total of 108 addresses. According to our analysis of all the public data, Shamal, Morpeth is the 18th largest and the 24th most expensive property on the street.
When compared to the postcode district it is £69k more expensive than the average property in NE61.
Shamal, Morpeth has an Energy Performance Rating (EPC) of D. This is based on the most recent assessment, dated 26 Apr 2023.
The property is not connected to mains gas and has fully double glazed windows. It is heated using an oil fired boiler and radiators.
According to the public record, Shamal, Morpeth is a modern freehold house with 1,485 ft2 of internal area and sits on a 802 m2 plot.
Houses of this size in this area normally have 4 bedrooms with a garden.
Mile Road, Widdrington, Morpeth, NE61 is located within the NE61 postal district.
Based on public information available, and assuming the property is in reasonable condition, we estimate the current sale value for Shamal Morpeth as £328,247 and the rental value as £1,217 per month giving an expected gross yield of 4.4%.
Over the last 12 months the sale value of Shamal Morpeth has decreased by £4,733 (1.4%) and its rental value has increased by £64 per month (5.2%).
The closest station to Shamal, Morpeth is Widdrington station which is 700 metres 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 Shamal, Morpeth, 67.4% of property is privately owned outright and 23.1% 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 Shamal, Morpeth, 9.5% of residents are recorded as possessing school level qualifications and 32.1% 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 Shamal, Morpeth, the average age was 45 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 Shamal, Morpeth, 2.0% 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 Shamal, 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.