According to the public record, The Hayloft, Morpeth is a modern freehold house with 618 ft2 of internal area and sits on a 271 m2 plot.
Houses of this size in this area normally have 3 bedrooms with a garden.
Pigdon, Morpeth, NE61 is located within the NE61 postal district.
The Hayloft, Morpeth has a single entry in the Land Registry database from April 2010 and a single entry in the EPC database dated February 2009.
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 Hayloft Morpeth as £192,444 and the rental value as £984 per month giving an expected gross yield of 6.1%.
Over the last 12 months the sale value of The Hayloft Morpeth has decreased by £34 (0.0%) and its rental value has increased by £66 per month (6.7%).
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 Hayloft, Morpeth is in very good condition we estimate a sale value of £202,066 and rental value of £1,033 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £178,973 and a rental value of £915 per month.
If you were able to purchase this property for the estimated value of £192,444, and assuming a 25 year repayment term, a 15% deposit and a fixed rate of 4.89%, your monthly repayments would be £946 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 Hayloft, Morpeth sits on a plot of 271m2.
We have plot size data on 5 out of 9 other houses in the postcode and The Hayloft, Morpeth sits on the 6th largest plot.
According to HM Land Registry, The Hayloft, Morpeth was last sold on 21 Apr 2010 for £307,500 and was recorded as a freehold house.
The property has only had this single sale since 1995.
Since Apr 2010, the market for similar properties has risen 35.6%
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to The Hayloft, Morpeth within a radius of 4.4 kilometres over the last 2 years.
The most recent example is Stable Cottage, Dogger Bank, Morpeth, NE61 1RE, a Freehold house which sold for £155,000 in Jul 2020.
Read more about house prices in NE61.
*Nearby is defined as the radius comprising the nearest 2,000 addresses.
Pigdon, Morpeth, NE61 has a total of 16 addresses. According to our analysis of all the public data, The Hayloft, Morpeth is the 16th largest and the 16th most expensive property on the street.
When compared to the postcode district it is £67k less expensive than the average property in NE61.
The Hayloft, Morpeth has an Energy Performance Rating (EPC) of C. This is based on the most recent assessment, dated 20 Feb 2009.
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 The Hayloft, Morpeth is Morpeth station which is 5.5 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 Hayloft, Morpeth, 34.8% of property is privately rented and 33.9% is privately owned outright.
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 Hayloft, Morpeth, 16.8% of residents are recorded as possessing school level qualifications and 46.3% 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 Hayloft, 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 Hayloft, Morpeth, 0.0% 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 The Hayloft, Morpeth, there are an average of 2.0 cars per household.
See below for how this compares to North East and the rest of England & Wales.