According to the public record, West Wing, Morpeth is a period freehold house with 1,926 ft2 of internal area and sits on a 43,279 m2 plot.
Houses of this size in this area normally have 4 bedrooms with a garden.
Espley, Morpeth, NE61 is located within the NE61 postal district.
West Wing, Morpeth has a single entry in the Land Registry database from March 2020 and a single entry in the EPC database dated July 2011.
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 West Wing Morpeth as £355,892 and the rental value as £1,309 per month giving an expected gross yield of 4.4%.
Over the last 12 months the sale value of West Wing Morpeth has decreased by £6,304 (1.8%) and its rental value has increased by £62 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 West Wing, Morpeth is in very good condition we estimate a sale value of £373,687 and rental value of £1,375 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £330,980 and a rental value of £1,218 per month.
If you were able to purchase this property for the estimated value of £355,892, and assuming a 25 year repayment term, a 15% deposit and a fixed rate of 4.89%, your monthly repayments would be £1,749 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, West Wing, Morpeth sits on a plot of 43279m2.
We have plot size data on 6 out of 8 other houses in the postcode and West Wing, Morpeth sits on the largest plot.
According to HM Land Registry, West Wing, Morpeth was last sold on 27 Mar 2020 for £725,000 and was recorded as a freehold house.
The property has only had this single sale since 1995.
Since Mar 2020, the market for similar properties has risen 14.2%
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to West Wing, Morpeth within a radius of 4.5 kilometres over the last 2 years.
The most recent example is Hill Top Cottage, Morpeth, NE61 3DJ, a Freehold house which sold for £150,000 in Mar 2022.
Read more about house prices in NE61.
*Nearby is defined as the radius comprising the nearest 2,000 addresses.
Espley, Morpeth, NE61 has a total of 13 addresses. According to our analysis of all the public data, West Wing, Morpeth is the 8th largest and the 10th most expensive property on the street.
When compared to the postcode district it is £97k more expensive than the average property in NE61.
West Wing, Morpeth has an Energy Performance Rating (EPC) of G. This is based on the most recent assessment, dated 29 Jul 2011.
The property is not connected to mains gas and has partial double glazing. It is heated using an LPG fired boiler and radiators.
The closest station to West Wing, Morpeth is Morpeth station which is 5.7 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 West Wing, Morpeth, 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 West Wing, Morpeth, 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 West Wing, 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 West Wing, Morpeth, 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 West Wing, Morpeth, 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.