According to the public record, The Mulberries, Morpeth is a modern house with 2,669 ft2 of internal area and sits on a 867 m2 plot.
Houses of this size in this area normally have 5 bedrooms with a garden.
Fairmoor, Morpeth, NE61 is located within the NE61 postal district.
The Mulberries, Morpeth has no records in the Land Registry database and a single entry in the EPC database dated March 2017.
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 The Mulberries Morpeth as £719,516 and the rental value as £1,782 per month giving an expected gross yield of 3%.
Over the last 12 months the sale value of The Mulberries Morpeth has decreased by £12,879 (1.8%) and its rental value has increased by £84 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 Mulberries, Morpeth is in very good condition we estimate a sale value of £755,491 and rental value of £1,871 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £669,150 and a rental value of £1,657 per month.
If you were able to purchase this property for the estimated value of £719,516, and assuming a 25 year repayment term, a 15% deposit and a fixed rate of 4.89%, your monthly repayments would be £3,536 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 Mulberries, Morpeth sits on a plot of 867m2.
We have plot size data on 18 out of 29 other houses in the postcode and The Mulberries, Morpeth sits on the 17th largest plot.
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to The Mulberries, Morpeth within a radius of 2.1 kilometres over the last 2 years.
The most recent example is 19, Oakland Park, Morpeth, NE61 3JP, a Freehold house which sold for £670,000 in Jan 2021.
Read more about house prices in NE61.
*Nearby is defined as the radius comprising the nearest 2,000 addresses.
Fairmoor, Morpeth, NE61 has a total of 40 addresses. According to our analysis of all the public data, The Mulberries, Morpeth is the 9th largest and the 8th most expensive property on the street.
When compared to the postcode district it is £461k more expensive than the average property in NE61.
The Mulberries, Morpeth has an Energy Performance Rating (EPC) of B. This is based on the most recent assessment, dated 31 Mar 2017.
The property is not connected to mains gas and has high performance glazing. It is heated using a boiler with both radiators and underfloor heating.
The closest station to The Mulberries, Morpeth is Morpeth station which is 3.2 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 Mulberries, Morpeth, 53.3% of property is privately owned with a mortgage and 34.7% 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 Mulberries, Morpeth, 16.5% of residents are recorded as possessing school level qualifications and 42.2% 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 Mulberries, 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 Mulberries, Morpeth, 0.4% 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 Mulberries, Morpeth, there are an average of 1.7 cars per household.
See below for how this compares to North East and the rest of England & Wales.