According to the public record, The Elms, Hebron Hill is a modern freehold house with 1,517 ft2 of internal area and sits on a 699 m2 plot.
Houses of this size in this area normally have 4 bedrooms with a garden.
Morpeth, NE61 is located within the NE61 postal district.
The Elms, Hebron Hill has a single entry in the Land Registry database from December 2018 and a single entry in the EPC database dated August 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 The Elms Hebron Hill as £486,980 and the rental value as £1,205 per month giving an expected gross yield of 3%.
Over the last 12 months the sale value of The Elms Hebron Hill has decreased by £8,626 (1.8%) and its rental value has increased by £57 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 The Elms, Hebron Hill is in very good condition we estimate a sale value of £511,329 and rental value of £1,265 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £452,891 and a rental value of £1,121 per month.
If you were able to purchase this property for the estimated value of £486,980, and assuming a 25 year repayment term, a 15% deposit and a fixed rate of 4.89%, your monthly repayments would be £2,393 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 Elms, Hebron Hill sits on a plot of 699m2.
We have plot size data on 9 out of 9 other houses in the postcode and The Elms, Hebron Hill sits on the largest plot.
According to HM Land Registry, The Elms, Hebron Hill was last sold on 03 Dec 2018 for £445,000 and was recorded as a freehold house.
The property has only had this single sale since 1995.
Since Dec 2018, the market for similar properties has risen 21.8%
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to The Elms, Hebron Hill within a radius of 3.9 kilometres over the last 2 years.
The most recent example is The Cottage, Hebron Hill, Morpeth, NE61 3DF, a Freehold house which sold for £338,500 in Mar 2019.
Read more about house prices in NE61.
*Nearby is defined as the radius comprising the nearest 2,000 addresses.
Morpeth, NE61 has a total of 258 addresses. According to our analysis of all the public data, The Elms, Hebron Hill is the 126th largest and the 84th most expensive property on the street.
When compared to the postcode district it is £228k more expensive than the average property in NE61.
The Elms, Hebron Hill has an Energy Performance Rating (EPC) of C. This is based on the most recent assessment, dated 09 Aug 2018.
The property is not connected to mains gas and has high performance glazing. It is heated using an electric air source heat pump and underfloor heating.
The closest station to The Elms, Hebron Hill is Pegswood station which is 4.9 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 Elms, Hebron Hill, 29.4% of property is privately owned outright and 28.8% is socially rented.
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 Elms, Hebron Hill, 13.5% of residents are recorded as possessing school level qualifications and 34.4% 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 The Elms, Hebron Hill, 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 Elms, Hebron Hill, 0.9% 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 Elms, Hebron Hill, there are an average of 1.6 cars per household.
See below for how this compares to North East and the rest of England & Wales.