According to the public record, The Paddock, Bockenfield, Morpeth is a modern freehold house with 2,518 ft2 of internal area and sits on a 1,397 m2 plot.
Houses of this size in this area normally have 5 bedrooms with a garden.
Felton, Morpeth, NE65 is located within the NE65 postal district.
The Paddock, Bockenfield, Morpeth has 2 entries in the Land Registry database, most recently in October 2018 and a single entry in the EPC database dated November 2020.
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 good condition, we estimate the current sale value for The Paddock Bockenfield Morpeth as £526,848 and the rental value as £1,799 per month giving an expected gross yield of 4.1%.
Over the last 12 months the sale value of The Paddock Bockenfield Morpeth has decreased by £9,087 (1.7%) and its rental value has increased by £81 per month (4.5%).
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 Paddock, Bockenfield, Morpeth is in very good condition we estimate a sale value of £553,190 and rental value of £1,889 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £489,968 and a rental value of £1,673 per month.
If you were able to purchase this property for the estimated value of £526,848, and assuming a 25 year repayment term, a 15% deposit and a fixed rate of 4.89%, your monthly repayments would be £2,589 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 Paddock, Bockenfield, Morpeth sits on a plot of 1397m2.
We have plot size data on 6 out of 7 other houses in the postcode and The Paddock, Bockenfield, Morpeth sits on the 4th largest plot.
According to HM Land Registry, The Paddock, Bockenfield, Morpeth was last sold on 08 Oct 2018 for £385,000 and was recorded as a freehold house.
The property has had 2 sales since 1995.
Since Oct 2018, the market for similar properties has risen 25.7%
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to The Paddock, Bockenfield, Morpeth within a radius of 6.0 kilometres over the last 2 years.
The most recent example is Mill View, Morpeth, NE65 9QB, a Freehold house which sold for £480,000 in Dec 2023.
Read more about house prices in NE65.
*Nearby is defined as the radius comprising the nearest 2,000 addresses.
Felton, Morpeth, NE65 has a total of 161 addresses. According to our analysis of all the public data, The Paddock, Bockenfield, Morpeth is the 33rd largest and the 76th most expensive property on the street.
When compared to the postcode district it is £251k more expensive than the average property in NE65.
The Paddock, Bockenfield, Morpeth has an Energy Performance Rating (EPC) of E. This is based on the most recent assessment, dated 16 Nov 2020.
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 Paddock, Bockenfield, Morpeth is Acklington station which is 5.6 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 Paddock, Bockenfield, Morpeth, 48.5% of property is privately owned outright and 33.1% 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 Paddock, Bockenfield, Morpeth, 11.3% of residents are recorded as possessing school level qualifications and 50.5% 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 Paddock, Bockenfield, 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 Paddock, Bockenfield, Morpeth, 1.1% 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 Paddock, Bockenfield, 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.