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According to the public record, 2, Fairview Road, Morpeth is a modern freehold house with 968 ft2 of internal area.
Houses of this size in this area normally have 3 bedrooms with a garden.
Based on available information, and assuming reasonable condition, the estimated sale value for 2, Fairview Road, Morpeth is £203,404 and the estimated rental value is £1,228 per month.
Fairview Road, Saxon Vale, Ellington, Morpeth, NE61 is located within the NE61 postal district.
2, Fairview Road, Morpeth has a single entry in the Land Registry from January 2023 and a single entry in the EPC database dated September 2022.
We combine this information with that of neighbouring properties to estimate the property attributes and values.
The local information is scored as 2 out of 5 and is considered of medium 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, Fairview Road, Morpeth is in very good condition we estimate a sale value of £213,574 and a rental value of £1,290 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £189,166 and a rental value of £1,142 per month.
Over the last 12 months the sale value of 2 Fairview Road Morpeth has increased by an estimated £7,201 (3.5%) and its rental value has increased by an estimated £62 per month (5.0%), giving an expected gross yield of 7.2%.
2, Fairview Road, Morpeth has an Energy Performance Rating (EPC) of B. This is based on the most recent assessment, dated 30 Sep 2022.
The property is not connected to mains gas and has high performance glazing. It is heated using Boiler and radiators, mains gas.
According to HM Land Registry, 2, Fairview Road, Morpeth was last sold on 20th January 2023 for £194,950 and was recorded as a freehold house.
The property has only had this single sale since 1995.
Since January 2023, the market for similar properties has risen 22.3%
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to 2, Fairview Road, Morpeth within a radius of 1.6 kilometres over the last 2 years.
The most recent example is 27, Meadow Way, Morpeth, NE61 5FB, a freehold house which sold for £204,000 on the 31st January 2025.
Read more about house prices in NE61.
•Nearby is defined as the radius comprising the nearest 2,000 addresses.
Fairview Road, Saxon Vale, Ellington, Morpeth, NE61 has a total of 4 addresses. According to our analysis of all the public data, 2, Fairview Road, Morpeth is the 2nd largest and the 2nd most expensive property on the street.
When compared to the postcode district it is £77k less expensive than the average property in NE61.
The closest station to 2, Fairview Road, Morpeth is Ashington station which is 4.0 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 2, Fairview Road, Morpeth, 57.8% of property is privately owned outright and 33.1% 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, Fairview Road, Morpeth, 9.9% of residents are recorded as possessing school level qualifications and 33.8% 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, Fairview Road, Morpeth, the average age was 45 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 2, Fairview Road, Morpeth, 0.3% 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, Fairview Road, Morpeth, there are an average of 1.5 cars per household.
See below for how this compares to North East and the rest of England & Wales.