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Bricks&Logic is a trading name of Urban Markets Ltd
Company No. 11113204
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VAT No. GB 287 0845 68
Registered Address: 2 Leman St, London E1 8FA
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According to the public record, 2, Boundary Drive, Morpeth is a freehold house.
By comparing it to neighbours, we estimate that it is a modern house with 974 ft2 of internal area and sits on a 342 m2 plot and a garden.
Houses of this size in this area normally have 3 bedrooms.
Based on available information, and assuming reasonable condition, the estimated sale value for 2, Boundary Drive, Morpeth is £343,836 and the estimated rental value is £1,525 per month.
Boundary Drive, Morpeth, NE61 is located within the NE61 postal district.
2, Boundary Drive, Morpeth has 51 entries in the Land Registry , most recently in February 2016 and no records in the EPC database.
We combine this sold price information with public data of neighbouring properties to estimate the attributes and values.
The local information is scored as 4 out of 5 and is considered of high 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 2, Boundary Drive, Morpeth is in very good condition we estimate a sale value of £361,028 and a rental value of £1,601 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £319,768 and a rental value of £1,418 per month.
Over the last 12 months the sale value of 2 Boundary Drive Morpeth has increased by an estimated £13,455 (3.9%) and its rental value has increased by an estimated £75 per month (4.9%), giving an expected gross yield of 5.3%.
According to data from HM Land Registry, 2, Boundary Drive, Morpeth sits on a plot of 342m2.
We have plot size data on 25 out of 25 other houses in the postcode and 2, Boundary Drive, Morpeth sits on the 17th largest plot.
According to HM Land Registry, 2, Boundary Drive, Morpeth was last sold on 5th February 2016 for £210,000 and was recorded as a freehold house.
The property has had 5 sales since 1995.
Since February 2016, the market for similar properties has risen 12.5%
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to 2, Boundary Drive, Morpeth within a radius of 620 metres over the last 2 years.
The most recent example is 26, Boundary Drive, Morpeth, NE61 2RX, a freehold house which sold on the 12th April 2024.
Read more about house prices in NE61.
•Nearby is defined as the radius comprising the nearest 2,000 addresses.
Boundary Drive, Morpeth, NE61 has a total of 25 addresses. According to our analysis of all the public data, 2, Boundary Drive, Morpeth is the 22nd largest and the 22nd most expensive property on the street.
When compared to the postcode district it is £65k more expensive than the average property in NE61.
The closest station to 2, Boundary Drive, Morpeth is Morpeth station which is 300 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 2, Boundary Drive, Morpeth, 30.5% of property is privately owned outright and 26.3% 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 2, Boundary Drive, Morpeth, 17.1% of residents are recorded as possessing school level qualifications and 36.6% 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 2, Boundary Drive, Morpeth, the average age was 47.5 and the most common age was 72.
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 2, Boundary Drive, 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 2, Boundary Drive, Morpeth, there are an average of 1.0 cars per household.
See below for how this compares to North East and the rest of England & Wales.
