According to the public record, West Wing, Newton Hall, Morpeth is a period Leasehold apartment with 1,917 ft2 of internal area.
Apartments of this size in this area normally have 4 bedrooms.
The apartment is in Newton Hall, Newton-On-The-Moor, Morpeth, NE65.
Newton-On-The-Moor, Morpeth, NE65 is located within the NE65 postal district.
West Wing, Newton Hall, Morpeth has 2 entries in the Land Registry database, most recently in March 2021 and a single entry in the EPC database dated October 2015.
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 Newton Hall Morpeth as £924,509 and the rental value as £4,818 per month giving an expected gross yield of 6.3%.
Over the last 12 months the sale value of West Wing Newton Hall Morpeth has decreased by £2,168 (0.2%) and its rental value has increased by £258 per month (5.4%).
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, Newton Hall, Morpeth is in very good condition we estimate a sale value of £970,734 and rental value of £5,059 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £859,793 and a rental value of £4,481 per month.
If you were able to purchase this property for the estimated value of £924,509, and assuming a 25 year repayment term, a 15% deposit and a fixed rate of 4.89%, your monthly repayments would be £4,544 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 HM Land Registry, West Wing, Newton Hall, Morpeth was last sold on 19 Mar 2021 for £825,000 and was recorded as a leasehold flat.
The property has had 2 sales since 1995.
Since Mar 2021, the market for similar properties has risen 11.3%
According to the Land Registry and our network of Estate Agents, there have been 3 property sales within a 5.2 kilometres radius of West Wing, Newton Hall, Morpeth over the last 2 years.
The most recent example is Newton Hall Cottage, Morpeth, NE65 9JU, a Freehold house which sold for £39,995 in Jul 2020.
Read more about house prices in NE65.
Newton-On-The-Moor, Morpeth, NE65 has a total of 83 addresses. According to our analysis of all the public data, West Wing, Newton Hall, Morpeth is the 21st largest and the 2nd most expensive property on the street.
When compared to the postcode district it is £649k more expensive than the average property in NE65.
West Wing, Newton Hall, Morpeth has an Energy Performance Rating (EPC) of D. This is based on the most recent assessment, dated 28 Oct 2015.
The property is not connected to mains gas and has some double glazing. It is heated using an electric air source heat pump and underfloor heating.
The closest station to West Wing, Newton Hall, Morpeth is Acklington station which is 6.2 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 West Wing, Newton Hall, Morpeth, 67.4% of property is privately owned outright and 20.5% 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 West Wing, Newton Hall, Morpeth, 12.0% of residents are recorded as possessing school level qualifications and 43.0% 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, Newton Hall, Morpeth, the average age was 48 and the most common age was 62.
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, Newton Hall, Morpeth, 2.1% 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 West Wing, Newton Hall, 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.