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Company No. 11113204
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VAT No. GB 287 0845 68
Registered Address: 2 Leman St, London E1 8FA
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According to the public record, 1 Abbey View Yard, Morpeth is a freehold house.
By comparing it to neighbours, we estimate that it is a period house with 2,162 ft2 of internal area and a garden.
Houses of this size in this area normally have 5 bedrooms.
Based on available information, and assuming reasonable condition, the estimated sale value for 1 Abbey View Yard, Morpeth is £340,059 and the estimated rental value is £1,972 per month.
Hepscott, Morpeth, NE61 is located within the NE61 postal district.
1 Abbey View Yard, Morpeth has a single entry in the Land Registry from October 2008 and no records in the EPC database.
We combine this sold price information with public data of neighbouring properties to estimate the attributes and values.
The local information is scored as 1 out of 5 and is considered of low accuracy.
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 1 Abbey View Yard, Morpeth is in very good condition we estimate a sale value of £357,062 and a rental value of £2,071 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £316,255 and a rental value of £1,834 per month.
Over the last 12 months the sale value of 1 Abbey View Yard Morpeth has increased by an estimated £909 (0.3%) and its rental value has increased by an estimated £32 per month (1.6%), giving an expected gross yield of 7%.
According to HM Land Registry, 1 Abbey View Yard, Morpeth was last sold on 31st October 2008 for £420,000 and was recorded as a freehold house.
The property has only had this single sale since 1995.
Since October 2008, the market for similar properties has risen 15.8%
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to 1 Abbey View Yard, Morpeth within a radius of 780 metres over the last 2 years.
The most recent example is 26, Bullers Green, Morpeth, NE61 1DF, a freehold house which sold for £299,950 on the 28th September 2021.
Read more about house prices in NE61.
•Nearby is defined as the radius comprising the nearest 2,000 addresses.
Hepscott, Morpeth, NE61 has a total of 372 addresses. According to our analysis of all the public data, 1 Abbey View Yard, Morpeth is the 130th largest and the 239th most expensive property on the street.
When compared to the postcode district it is £59k more expensive than the average property in NE61.
The closest station to 1 Abbey View Yard, Morpeth is Morpeth station which is 1.3 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 1 Abbey View Yard, Morpeth, 51.7% of property is privately owned outright and 31.9% is privately owned with a mortgage.
The graph below shows how this compares to North East 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 1 Abbey View Yard, Morpeth, 17.7% of residents are recorded as possessing school level qualifications and 61.0% as possessing degree level qualifications.
The graph below shows how this compares to North East and the rest of England & Wales.
The most recent census in 2021 recorded the age of all UK residents.
In the area around 1 Abbey View Yard, Morpeth, the average age was 45.1 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 1 Abbey View Yard, Morpeth, 1.7% 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 1 Abbey View Yard, Morpeth, there are an average of 1.5 cars per household.
See below for how this compares to North East and the rest of England & Wales.
