16, Southgate Wood
16, Southgate Wood
Description & Estimates
According to the public record, 16, Southgate Wood, Morpeth is a modern house with 1,431 ft2 of internal area and sits on a 1,173 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 16, Southgate Wood, Morpeth is £606,867 and the estimated rental value is £1,965 per month.
Southgate Wood, Morpeth, NE61 is located within the NE61 postal district.
Our Data Sources
16, Southgate Wood, Morpeth has no records in the the Land Registry and a single entry in the EPC database dated November 2013.
We combine this information with public data of neighbouring properties to estimate the property attributes and values.
The local information is scored as 1 out of 5 and is considered of low 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 16, Southgate Wood, Morpeth is in very good condition we estimate a sale value of £637,210 and a rental value of £2,063 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £564,386 and a rental value of £1,827 per month.
Recent Market Change
Over the past 12 months, the estimated sale value of 16, Southgate Wood, Morpeth has moved up by £6,656 (1.1%), while its estimated rental value has increased by £47 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, 16, Southgate Wood, Morpeth sits on a plot of 1,173 m2.
We have plot size data on 20 out of 20 other houses in the postcode and 16, Southgate Wood, Morpeth sits on the 7th largest plot.
Energy Efficiency
16, Southgate Wood, Morpeth has an Energy Performance Rating (EPC) of E. This is based on the most recent assessment, dated 13 Nov 2013.
The property is not connected to mains gas and has fully double glazed windows. It is heated using Boiler and radiators, mains gas.
Similar Properties Sold Nearby
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to 16, Southgate Wood, Morpeth within a radius of 1.0 kilometres over the last 2 years.
The most recent example is 14, Southgate Wood, Morpeth, NE61 2EN, a freehold house which sold for £476,500 on the 16th April 2018.
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, 16, Southgate Wood, Morpeth is the 19th largest and the 20th most expensive property on the street.
When compared to the postcode district it is £326k more expensive than the average property in NE61.
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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
The closest station to 16, 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.
