18, Southgate Wood
18, Southgate Wood
Description & Estimates
According to the public record, 18, Southgate Wood, Morpeth is a modern freehold house with 2,238 ft2 of internal area and sits on a 1,287 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 18, Southgate Wood, Morpeth is £786,836 and the estimated rental value is £2,616 per month.
Southgate Wood, Morpeth, NE61 is located within the NE61 postal district.
Our Data Sources
18, Southgate Wood, Morpeth has a single entry in the Land Registry from August 2016 and a single entry in the EPC database dated April 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.
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 18, Southgate Wood, Morpeth is in very good condition we estimate a sale value of £826,178 and a rental value of £2,747 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £731,757 and a rental value of £2,433 per month.
Recent Market Change
Over the past 12 months, the estimated sale value of 18, Southgate Wood, Morpeth has grown by £2,103 (0.3%), while its estimated rental value has climbed by £43 per month (1.6%). Based on current estimates, the property offers a gross rental yield of 4.0%.
Plot Size
According to data from HM Land Registry, 18, Southgate Wood, Morpeth sits on a plot of 1,287 m2.
We have plot size data on 20 out of 20 other houses in the postcode and 18, Southgate Wood, Morpeth sits on the 4th largest plot.
Energy Efficiency
18, Southgate Wood, Morpeth has an Energy Performance Rating (EPC) of D. This is based on the most recent assessment, dated 20 Apr 2016.
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, 18, Southgate Wood, Morpeth was last sold on 26th August 2016 for £575,000 and was recorded as a freehold house.
The property has only had this single sale since 1995.
Since August 2016, the market for similar properties has risen by 26.7%.
- Sold Aug 2016£575,000
Similar Properties Sold Nearby
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to 18, Southgate Wood, Morpeth within a radius of 1.1 kilometres over the last 2 years.
The most recent example is 8, Southgate Wood, Morpeth, NE61 2EN, a freehold house which sold for £840,000 on the 4th August 2023.
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, 18, Southgate Wood, Morpeth is the 4th largest and the 8th most expensive property on the street.
When compared to the postcode district it is £506k 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 18, 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.
