14, Southgate Wood
14, Southgate Wood
Description & Estimates
According to the public record, 14, Southgate Wood, Morpeth is a modern freehold house with 1,388 ft2 of internal area and sits on a 2,180 m2 plot.
Houses of this size in this area normally have 4 bedrooms with a garden.
Based on available information, and assuming reasonable condition, the estimated sale value for 14, Southgate Wood, Morpeth is £661,717 and the estimated rental value is £2,142 per month.
Southgate Wood, Morpeth, NE61 is located within the NE61 postal district.
Our Data Sources
14, Southgate Wood, Morpeth has a single entry in the Land Registry from April 2018 and a single entry in the EPC database dated October 2017.
We combine this information with that of neighbouring properties to estimate the property attributes and values.
The local information is scored as 2 out of 5 and is considered of medium accuracy.
Price Range & Condition
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 14, Southgate Wood, Morpeth is in very good condition we estimate a sale value of £694,803 and a rental value of £2,249 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £615,397 and a rental value of £1,992 per month.
Recent Market Change
Over the past 12 months, the estimated sale value of 14, Southgate Wood, Morpeth has climbed by £7,257 (1.1%), while its estimated rental value has risen by £52 per month (2.4%). Based on current estimates, the property offers a gross rental yield of 3.9%.
Plot Size
According to data from HM Land Registry, 14, Southgate Wood, Morpeth sits on a plot of 2,180 m2.
We have plot size data on 20 out of 20 other houses in the postcode and 14, Southgate Wood, Morpeth sits on the largest plot.
Energy Efficiency
14, Southgate Wood, Morpeth has an Energy Performance Rating (EPC) of D. This is based on the most recent assessment, dated 26 Oct 2017.
The property is connected to mains gas and has fully double glazed windows. It is heated using Boiler and radiators, mains gas.
Sold Prices
According to HM Land Registry, 14, Southgate Wood, Morpeth was last sold on 16th April 2018 for £476,500 and was recorded as a freehold house.
The property has only had this single sale since 1995.
Since April 2018, the market for similar properties has risen by 14.3%.
- Sold Apr 2018£476,500
Similar Properties Sold Nearby
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to 14, Southgate Wood, Morpeth within a radius of 1.1 kilometres over the last 2 years.
The most recent example is 1, Rectory Dene, Morpeth, NE61 2TD, a freehold house which sold for £447,500 on the 29th June 2017.
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
Southgate Wood, Morpeth, NE61 has a total of 21 addresses. According to our analysis of all the public data, 14, Southgate Wood, Morpeth is the 20th largest and the 17th most expensive property on the street.
When compared to the postcode district it is £381k more expensive than the average property in NE61.
More reading links
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
The closest station to 14, Southgate Wood, Morpeth is Morpeth station, which is 1.3 kilometres away.
- 1.3kmMorpeth
- 3.9kmPegswood
- 7.5kmBedlington
Available Internet Speeds
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.
Risk of Flooding
According to data from the Environment Agency, the flood risk in this area is considered to be very low.
