2, Caldburne Drive
2, Caldburne Drive
Description & Estimates
According to the public record, 2, Caldburne Drive, Morpeth is a modern freehold house with 1,227 ft2 of internal area and sits on a 461 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 2, Caldburne Drive, Morpeth is £389,687 and the estimated rental value is £1,676 per month.
Caldburne Drive, Collingwood Manor, Morpeth, NE61 is located within the NE61 postal district.
Our Data Sources
2, Caldburne Drive, Morpeth has a single entry in the Land Registry from July 2017 and a single entry in the EPC database dated March 2017.
We combine this information with that of neighbouring properties to estimate the property attributes and values.
The local information is scored as 4 out of 5 and is considered of high 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 2, Caldburne Drive, Morpeth is in very good condition we estimate a sale value of £409,172 and a rental value of £1,759 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £362,409 and a rental value of £1,558 per month.
Recent Market Change
Over the past 12 months, the estimated sale value of 2, Caldburne Drive, Morpeth has increased by £4,274 (1.1%), while its estimated rental value has grown by £40 per month (2.4%). Based on current estimates, the property offers a gross rental yield of 5.2%.
Plot Size
According to data from HM Land Registry, 2, Caldburne Drive, Morpeth sits on a plot of 461 m2.
We have plot size data on 42 out of 42 other houses in the postcode and 2, Caldburne Drive, Morpeth sits on the 2nd largest plot.
Energy Efficiency
2, Caldburne Drive, Morpeth has an Energy Performance Rating (EPC) of B. This is based on the most recent assessment, dated 24 Mar 2017.
The property is not connected to mains gas and has high performance glazing. It is heated using Boiler and radiators, mains gas.
Sold Prices
According to HM Land Registry, 2, Caldburne Drive, Morpeth was last sold on 28th July 2017 for £394,995 and was recorded as a freehold house.
The property has only had this single sale since 1995.
Since July 2017, the market for similar properties has risen by 15.4%.
- Sold Jul 2017£394,995
Similar Properties Sold Nearby
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to 2, Caldburne Drive, Morpeth within a radius of 1.1 kilometres over the last 2 years.
The most recent example is 12, Caldburne Drive, Morpeth, NE61 2FS, a freehold house which sold for £375,000 on the 17th December 2024.
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
Caldburne Drive, Collingwood Manor, Morpeth, NE61 has a total of 42 addresses. According to our analysis of all the public data, 2, Caldburne Drive, Morpeth is the 21st largest and the 21st most expensive property on the street.
When compared to the postcode district it is £109k more expensive than the average property in NE61.
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Schools Nearby
- 500mMorpeth First School
- 1.4kmMorpeth Stobhillgate First School
- 1.6kmAbbeyfields First School
- 2.6kmThe King Edward VI School
- 5.8kmSt Benet Biscop Catholic Academy
- 7.6kmAshington Academy
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Public Transport Nearby
The closest station to 2, Caldburne Drive, Morpeth is Morpeth station, which is 1.3 kilometres away.
- 1.3kmMorpeth
- 4.1kmPegswood
- 7.8kmBedlington
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.
