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Bricks&Logic is a trading name of Urban Markets Ltd
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, Postern Crescent, Morpeth is a freehold house.
By comparing it to neighbours, we estimate that it is a mid-century house with 522 ft2 of internal area and sits on a 251 m2 plot and a garden.
Houses of this size in this area normally have 2 bedrooms.
Based on available information, and assuming reasonable condition, the estimated sale value for 1, Postern Crescent, Morpeth is £135,662 and the estimated rental value is £987 per month.
Postern Crescent, Morpeth, NE61 is located within the NE61 postal district.
1, Postern Crescent, Morpeth has a single entry in the Land Registry from October 2007 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 4 out of 5 and is considered of high 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, Postern Crescent, Morpeth is in very good condition we estimate a sale value of £142,445 and a rental value of £1,036 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £126,165 and a rental value of £918 per month.
Over the last 12 months the sale value of 1 Postern Crescent Morpeth has increased by an estimated £5,311 (3.9%) and its rental value has increased by an estimated £55 per month (5.6%), giving an expected gross yield of 8.7%.
According to data from HM Land Registry, 1, Postern Crescent, Morpeth sits on a plot of 251m2.
We have plot size data on 38 out of 51 other houses in the postcode and 1, Postern Crescent, Morpeth sits on the 18th largest plot.
According to HM Land Registry, 1, Postern Crescent, Morpeth was last sold on 26th October 2007 for £55,000 and was recorded as a freehold house.
The property has only had this single sale since 1995.
Since October 2007, the market for similar properties has risen 28.9%
According to the Land Registry and our network of Estate Agents, there have been 1 sale of a property similar to 1, Postern Crescent, Morpeth within a radius of 690 metres over the last 2 years.
The most recent example is 35, Renwick Walk, Morpeth, NE61 2NB, a freehold house which sold for £93,000 on the 26th March 2021.
Read more about house prices in NE61.
•Nearby is defined as the radius comprising the nearest 2,000 addresses.
Postern Crescent, Morpeth, NE61 has a total of 52 addresses. According to our analysis of all the public data, 1, Postern Crescent, Morpeth is the 52nd largest and the 51st most expensive property on the street.
When compared to the postcode district it is £143k less expensive than the average property in NE61.
The closest station to 1, Postern Crescent, Morpeth is Morpeth station which is 700 metres away.
According to recent data from Ofcom, superfast broadband is available in this area.
According to recent data from Ofcom, Superfast broadband is available in the area.
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, Postern Crescent, Morpeth, 34.7% of property is privately owned with a mortgage and 32.2% is privately owned outright.
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, Postern Crescent, Morpeth, 22.0% of residents are recorded as possessing school level qualifications and 27.1% 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, Postern Crescent, Morpeth, the average age was 48.3 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, Postern Crescent, Morpeth, 1.5% 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, Postern Crescent, Morpeth, there are an average of 1.3 cars per household.
See below for how this compares to North East and the rest of England & Wales.
