10, Southgate Wood
10, Southgate Wood
Description & Estimates
The public record lists 10, Southgate Wood, Morpeth as a freehold house sitting on a 1,106 m2 plot.
Comparison with its neighbours suggests a modern house with 1,799 ft2 of internal area and a garden.
In this area, houses of this size normally have 4 bedrooms.
10, Southgate Wood, Morpeth has an estimated sale value of £687,626 and an estimated rental value of £2,226 per month, assuming reasonable condition and based on the information available.
Southgate Wood, Morpeth, NE61 lies within the NE61 postal district.
Our Data Sources
10, Southgate Wood, Morpeth has 21 entries in the Land Registry , most recently in 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.
Price Range & Condition
In very good condition, we estimate 10, Southgate Wood, Morpeth would be worth £722,007, with a potential rental value of £2,338 per month.
If substantial cosmetic improvements are needed, the estimated sale value falls to £639,492, with a rental value of £2,070 per month.
The extent to which decoration affects a property's value depends on its type, size and location.
Recent Market Change
The estimated sale value of 10, Southgate Wood, Morpeth has risen by £7,541 (1.1%) over the last year. During the same period, its estimated monthly rental value has moved up by £54 (2.4%). The property's estimated gross yield is currently 3.9%.
Plot Size
10, Southgate Wood, Morpeth occupies a 1,106 m2 plot as recorded by HM Land Registry.
All 20 other houses in this postcode have recorded plot sizes, and this one ranks as the 8th largest.
Sold Prices
10, Southgate Wood, Morpeth last changed hands on 27th October 2008, selling for £615,000. The transaction was logged as a freehold house by HM Land Registry.
In total it has sold twice since 1995.
The market for similar properties has risen by 28.2% since October 2008.
- Sold Oct 2008£615,000
- Sold Aug 2003£456,000
Similar Properties Sold Nearby
Land Registry records and our Estate Agent network show 3 sales of comparable properties within 1.1 kilometres of 10, Southgate Wood, Morpeth across the last 2 years.
Most recently, 9, Southgate Wood, Morpeth, NE61 2EN, a freehold house, sold at £700,000 on the 27th August 2021.
Read more about house prices in NE61.
•Nearby is defined as the radius comprising the nearest 2,000 addresses.
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Location Comparison
Our analysis of the public data ranks 10, Southgate Wood, Morpeth as the 16th largest and the 16th most expensive of the 21 addresses on Southgate Wood, Morpeth, NE61.
Against the NE61 postcode district average, it is £407k more expensive than the typical property.
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Schools Nearby
- 400mMorpeth First School
- 1.2kmMorpeth Stobhillgate First School
- 1.8kmAbbeyfields First School
- 2.7kmThe King Edward VI School
- 5.5kmSt Benet Biscop Catholic Academy
- 7.4kmAshington Academy
More reading links
Public Transport Nearby
Morpeth station is the nearest stop to 10, Southgate Wood, Morpeth at 1.3 kilometres away.
- 1.3kmMorpeth
- 3.9kmPegswood
- 7.5kmBedlington
Available Internet Speeds
Ofcom's latest figures show superfast broadband available in this area.
According to recent data from Ofcom, Superfast broadband is available in the area.
Risk of Flooding
Environment Agency data suggests this area has a very low risk of flooding.
