According to the public record, Studley House, Morpeth is a modern house with 1,754 ft2 of internal area and sits on a 1,826 m2 plot.
Houses of this size in this area normally have 4 bedrooms with a garden.
Studley Drive, Swarland, Morpeth, NE65 is located within the NE65 postal district.
Studley House, Morpeth has no records in the Land Registry database and a single entry in the EPC database dated July 2019.
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 Studley House Morpeth as £459,774 and the rental value as £1,459 per month giving an expected gross yield of 3.8%.
Over the last 12 months the sale value of Studley House Morpeth has decreased by £8,411 (1.8%) and its rental value has increased by £54 per month (3.7%).
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 Studley House, Morpeth is in very good condition we estimate a sale value of £482,763 and rental value of £1,532 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £427,590 and a rental value of £1,357 per month.
If you were able to purchase this property for the estimated value of £459,774, and assuming a 25 year repayment term, a 15% deposit and a fixed rate of 4.89%, your monthly repayments would be £2,260 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, Studley House, Morpeth sits on a plot of 1826m2.
We have plot size data on 14 out of 20 other houses in the postcode and Studley House, Morpeth sits on the 3rd largest plot.
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to Studley House, Morpeth within a radius of 5.3 kilometres over the last 2 years.
The most recent example is 6B, Kenmore Road, Morpeth, NE65 9JS, a Freehold house which sold for £435,000 in Aug 2021.
Read more about house prices in NE65.
*Nearby is defined as the radius comprising the nearest 2,000 addresses.
Studley Drive, Swarland, Morpeth, NE65 has a total of 20 addresses. According to our analysis of all the public data, Studley House, Morpeth is the 10th largest and the 10th most expensive property on the street.
When compared to the postcode district it is £184k more expensive than the average property in NE65.
Studley House, Morpeth has an Energy Performance Rating (EPC) of E. This is based on the most recent assessment, dated 13 Jul 2019.
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 Studley House, Morpeth is Acklington station which is 5.7 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 Studley House, Morpeth, 71.3% of property is privately owned outright and 23.8% 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 Studley House, Morpeth, 9.8% of residents are recorded as possessing school level qualifications and 47.4% 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 Studley House, 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 Studley House, Morpeth, 0.6% 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 Studley House, Morpeth, there are an average of 1.8 cars per household.
See below for how this compares to North East and the rest of England & Wales.