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According to the public record, 12, Aspen Way, Morpeth is a modern freehold house with 2,206 ft2 of internal area and sits on a 507 m2 plot.
Houses of this size in this area normally have 5 bedrooms with a garden.
Based on available information, and assuming reasonable condition, the estimated sale value for 12, Aspen Way, Morpeth is £564,855 and the estimated rental value is £1,985 per month.
Aspen Way, Morpeth, NE61 is located within the NE61 postal district.
12, Aspen Way, Morpeth has 2 entries in the Land Registry , most recently in August 2024 and a single entry in the EPC database dated August 2016.
We combine this information with that of neighbouring properties to estimate the property attributes and values.
The local information is scored as 3 out of 5 and is considered of medium 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 12, Aspen Way, Morpeth is in very good condition we estimate a sale value of £593,098 and a rental value of £2,084 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £525,316 and a rental value of £1,846 per month.
Over the last 12 months the sale value of 12 Aspen Way Morpeth has increased by an estimated £2,428 (0.4%) and its rental value has increased by an estimated £26 per month (1.3%), giving an expected gross yield of 4.2%.
According to data from HM Land Registry, 12, Aspen Way, Morpeth sits on a plot of 507m2.
We have plot size data on 19 out of 19 other houses in the postcode and 12, Aspen Way, Morpeth sits on the largest plot.
12, Aspen Way, Morpeth has an Energy Performance Rating (EPC) of B. This is based on the most recent assessment, dated 11 Aug 2016.
The property is not connected to mains gas and has high performance glazing. It is heated using Boiler and radiators, mains gas.
According to HM Land Registry, 12, Aspen Way, Morpeth was last sold on 28th August 2024 for £525,000 and was recorded as a freehold house.
The property has had 2 sales since 1995.
Since August 2024, the market for similar properties has dropped 18.9%
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to 12, Aspen Way, Morpeth within a radius of 2.0 kilometres over the last 2 years.
The most recent example is 5, Poplar Place, Morpeth, NE61 3BR, a freehold house which sold for £490,000 on the 3rd June 2025.
Read more about house prices in NE61.
•Nearby is defined as the radius comprising the nearest 2,000 addresses.
Aspen Way, Morpeth, NE61 has a total of 19 addresses. According to our analysis of all the public data, 12, Aspen Way, Morpeth is the 5th largest and the 4th most expensive property on the street.
When compared to the postcode district it is £286k more expensive than the average property in NE61.
The closest station to 12, Aspen Way, Morpeth is Morpeth station which is 3.1 kilometres 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.
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The recent census recorded whether a resident owned or rented their home.
In the area around 12, Aspen Way, Morpeth, % of property is and % is .
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 12, Aspen Way, Morpeth, 0.0% of residents are recorded as possessing school level qualifications and 0.0% as possessing degree level qualifications.
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 12, Aspen Way, Morpeth, 0.0% 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 12, Aspen Way, Morpeth, there are an average of 0.0 cars per household.
See below for how this compares to North East and the rest of England & Wales.
