Stay up to date
Stay up to date
Bricks&Logic is a trading name of Urban Markets Ltd
Company No. 11113204
  | Â
VAT No. GB 287 0845 68
Registered Address: 2 Leman St, London E1 8FA
Connect me with
an Estate Agent
Our partner Agents appear here!
Book a demo
Find an Estate
Agent
According to the public record, 12, Downing Drive, Morpeth is a freehold house.
By comparing it to neighbours, we estimate that it is a mid-century house with 1,555 ft2 of internal area and sits on a 407 m2 plot and a garden.
Houses of this size in this area normally have 4 bedrooms.
Based on available information, and assuming reasonable condition, the estimated sale value for 12, Downing Drive, Morpeth is £380,148 and the estimated rental value is £1,637 per month.
Downing Drive, Morpeth, NE61 is located within the NE61 postal district.
12, Downing Drive, Morpeth has a single entry in the Land Registry from April 2016 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 5 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 12, Downing Drive, Morpeth is in very good condition we estimate a sale value of £399,155 and a rental value of £1,719 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £353,537 and a rental value of £1,523 per month.
Over the last 12 months the sale value of 12 Downing Drive Morpeth has increased by an estimated £5,370 (1.4%) and its rental value has increased by an estimated £52 per month (3.1%), giving an expected gross yield of 5.2%.
According to data from HM Land Registry, 12, Downing Drive, Morpeth sits on a plot of 407m2.
We have plot size data on 28 out of 31 other houses in the postcode and 12, Downing Drive, Morpeth sits on the 5th largest plot.
According to HM Land Registry, 12, Downing Drive, Morpeth was last sold on 7th April 2016 for £285,000 and was recorded as a freehold house.
The property has only had this single sale since 1995.
Since April 2016, the market for similar properties has risen 39.3%
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to 12, Downing Drive, Morpeth within a radius of 730 metres over the last 2 years.
The most recent example is 12, Turners Way, Morpeth, NE61 2YE, a freehold house which sold for £306,900 on the 1st May 2024.
Read more about house prices in NE61.
•Nearby is defined as the radius comprising the nearest 2,000 addresses.
Downing Drive, Morpeth, NE61 has a total of 31 addresses. According to our analysis of all the public data, 12, Downing Drive, Morpeth is the 2nd largest and the 2nd most expensive property on the street.
When compared to the postcode district it is £102k more expensive than the average property in NE61.
The closest station to 12, Downing Drive, Morpeth is Morpeth station which is 1.2 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.
The recent census recorded whether a resident owned or rented their home.
In the area around 12, Downing Drive, Morpeth, 52.0% of property is privately owned outright and 43.2% 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 12, Downing Drive, Morpeth, 16.7% of residents are recorded as possessing school level qualifications and 50.8% 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 12, Downing Drive, Morpeth, the average age was 47.5 and the most common age was 72.
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, Downing Drive, 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, Downing Drive, 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.
