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According to the public record, 16, Thorp Avenue, Morpeth is a early-century freehold house with 2,669 ft2 of internal area and sits on a 921 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 16, Thorp Avenue, Morpeth is £877,122 and the estimated rental value is £2,875 per month.
Thorp Avenue, Morpeth, NE61 is located within the NE61 postal district.
16, Thorp Avenue, Morpeth has a single entry in the Land Registry from August 2010 and a single entry in the EPC database dated March 2016.
We combine this information with that 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.
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, Thorp Avenue, Morpeth is in very good condition we estimate a sale value of £920,978 and a rental value of £3,019 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £815,724 and a rental value of £2,674 per month.
Over the last 12 months the sale value of 16 Thorp Avenue Morpeth has increased by an estimated £3,770 (0.4%) and its rental value has increased by an estimated £37 per month (1.3%), giving an expected gross yield of 3.9%.
According to data from HM Land Registry, 16, Thorp Avenue, Morpeth sits on a plot of 921m2.
We have plot size data on 4 out of 4 other houses in the postcode and 16, Thorp Avenue, Morpeth sits on the largest plot.
16, Thorp Avenue, Morpeth has an Energy Performance Rating (EPC) of D. This is based on the most recent assessment, dated 24 Mar 2016.
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, 16, Thorp Avenue, Morpeth was last sold on 24th August 2010 for £540,000 and was recorded as a freehold house.
The property has only had this single sale since 1995.
Since August 2010, the market for similar properties has risen 9.9%
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to 16, Thorp Avenue, Morpeth within a radius of 800 metres over the last 2 years.
The most recent example is 3, Kings Avenue, Morpeth, NE61 1HX, a freehold house which sold for £895,000 on the 28th November 2022.
Read more about house prices in NE61.
•Nearby is defined as the radius comprising the nearest 2,000 addresses.
Thorp Avenue, Morpeth, NE61 has a total of 31 addresses. According to our analysis of all the public data, 16, Thorp Avenue, Morpeth is the 5th largest and the 4th most expensive property on the street.
When compared to the postcode district it is £599k more expensive than the average property in NE61.
The closest station to 16, Thorp Avenue, Morpeth is Morpeth station which is 1.1 kilometres away.
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 16, Thorp Avenue, Morpeth, 46.3% of property is privately owned with a mortgage and 35.8% is privately owned outright.
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 16, Thorp Avenue, Morpeth, 18.6% of residents are recorded as possessing school level qualifications and 55.5% 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 16, Thorp Avenue, Morpeth, the average age was 45.1 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 16, Thorp Avenue, Morpeth, 0.8% 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 16, Thorp Avenue, Morpeth, there are an average of 1.4 cars per household.
See below for how this compares to North East and the rest of England & Wales.
