According to the public record, The Boarding House, Morpeth is a modern freehold house with 1,872 ft2 of internal area and sits on a 521 m2 plot.
Houses of this size in this area normally have 4 bedrooms with a garden.
West Thirston, Morpeth, NE65 is located within the NE65 postal district.
The Boarding House, Morpeth has a single entry in the Land Registry database from February 2021 and a single entry in the EPC database dated April 2013.
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 The Boarding House Morpeth as £496,008 and the rental value as £1,504 per month giving an expected gross yield of 3.6%.
Over the last 12 months the sale value of The Boarding House Morpeth has decreased by £8,179 (1.6%) and its rental value has increased by £69 per month (4.6%).
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 The Boarding House, Morpeth is in very good condition we estimate a sale value of £520,809 and rental value of £1,579 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £461,288 and a rental value of £1,399 per month.
If you were able to purchase this property for the estimated value of £496,008, and assuming a 25 year repayment term, a 15% deposit and a fixed rate of 4.89%, your monthly repayments would be £2,438 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, The Boarding House, Morpeth sits on a plot of 521m2.
We have plot size data on 9 out of 12 other houses in the postcode and The Boarding House, Morpeth sits on the 5th largest plot.
According to HM Land Registry, The Boarding House, Morpeth was last sold on 08 Feb 2021 for £380,000 and was recorded as a freehold house.
The property has only had this single sale since 1995.
Since Feb 2021, the market for similar properties has risen 13.2%
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to The Boarding House, Morpeth within a radius of 5.5 kilometres over the last 2 years.
The most recent example is Ridley Lodge, Morpeth, NE65 9QB, a Freehold house which sold for £450,000 in Oct 2021.
Read more about house prices in NE65.
*Nearby is defined as the radius comprising the nearest 2,000 addresses.
West Thirston, Morpeth, NE65 has a total of 81 addresses. According to our analysis of all the public data, The Boarding House, Morpeth is the 22nd largest and the 18th most expensive property on the street.
When compared to the postcode district it is £221k more expensive than the average property in NE65.
The Boarding House, Morpeth has an Energy Performance Rating (EPC) of C. This is based on the most recent assessment, dated 26 Apr 2013.
The property is connected to mains gas and has fully double glazed windows. It is heated using a boiler with both radiators and underfloor heating.
The closest station to The Boarding House, Morpeth is Acklington station which is 4.3 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 The Boarding House, Morpeth, 60.3% of property is privately owned outright and 26.9% 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 The Boarding House, Morpeth, 16.1% of residents are recorded as possessing school level qualifications and 58.3% 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 The Boarding House, 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 The Boarding House, Morpeth, 3.4% 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 The Boarding 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.