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According to the public record, 12, Windmill Way, Morpeth is a modern freehold house with 925 ft2 of internal area and sits on a 357 m2 plot.
Houses of this size in this area normally have 3 bedrooms with a garden.
Based on available information, and assuming reasonable condition, the estimated sale value for 12, Windmill Way, Morpeth is £294,443 and the estimated rental value is £1,497 per month.
Windmill Way, Morpeth, NE61 is located within the NE61 postal district.
12, Windmill Way, Morpeth has 31 entries in the Land Registry , most recently in October 2014 and a single entry in the EPC database dated April 2022.
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, Windmill Way, Morpeth is in very good condition we estimate a sale value of £309,165 and a rental value of £1,572 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £273,832 and a rental value of £1,392 per month.
Over the last 12 months the sale value of 12 Windmill Way Morpeth has increased by an estimated £11,522 (3.9%) and its rental value has increased by an estimated £74 per month (4.9%), giving an expected gross yield of 6.1%.
According to data from HM Land Registry, 12, Windmill Way, Morpeth sits on a plot of 357m2.
We have plot size data on 27 out of 29 other houses in the postcode and 12, Windmill Way, Morpeth sits on the 8th largest plot.
12, Windmill Way, Morpeth has an Energy Performance Rating (EPC) of B. This is based on the most recent assessment, dated 22 Apr 2022.
The property is connected to mains gas and has fully double glazed windows. It is heated using Boiler and radiators, mains gas.
According to HM Land Registry, 12, Windmill Way, Morpeth was last sold on 3rd October 2014 for £246,000 and was recorded as a freehold house.
The property has had 3 sales since 1995.
Since October 2014, the market for similar properties has risen 67.1%
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to 12, Windmill Way, Morpeth within a radius of 790 metres over the last 2 years.
The most recent example is 20, Bankside, Morpeth, NE61 1XD, a freehold house which sold for £340,000 on the 10th December 2024.
Read more about house prices in NE61.
•Nearby is defined as the radius comprising the nearest 2,000 addresses.
Windmill Way, Morpeth, NE61 has a total of 29 addresses. According to our analysis of all the public data, 12, Windmill Way, Morpeth is the 15th largest and the 16th most expensive property on the street.
When compared to the postcode district it is £16k more expensive than the average property in NE61.
The closest station to 12, Windmill Way, Morpeth is Morpeth station which is 500 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 12, Windmill Way, Morpeth, 52.6% of property is privately owned outright and 25.0% 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, Windmill Way, Morpeth, 8.1% of residents are recorded as possessing school level qualifications and 48.4% 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, Windmill Way, 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 12, Windmill 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, Windmill Way, Morpeth, there are an average of 1.1 cars per household.
See below for how this compares to North East and the rest of England & Wales.