2, Park Drive
2, Park Drive
Description & Estimates
2, Park Drive, Morpeth is recorded publicly as a mid-century freehold house across 2,088 ft2 of internal area, sitting on a 934 m2 plot.
Locally, houses of this size normally have 5 bedrooms with a garden.
Our estimate of the sale value of 2, Park Drive, Morpeth is £541,255 and its rental estimate is £1,866 per month, given the available information and assuming reasonable condition.
Park Drive, Hepscott Park, Stannington, Morpeth, NE61 falls within the NE61 postal district.
Our Data Sources
2, Park Drive, Morpeth has 21 entries in the Land Registry , most recently in August 2018 and a single entry in the EPC database dated January 2013.
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
The condition of a property plays an important role in determining its value, with the degree of impact varying by property type, size and location.
For 2, Park Drive, Morpeth, we estimate a market value of £568,318 and a rental value of £1,959 per month when presented in very good decorative order. Should the property require extensive cosmetic improvement, those figures would reduce to £503,367 and £1,735 per month respectively.
Recent Market Change
Over the last year, 2, Park Drive, Morpeth has seen its estimated sale value increase by £1,446 (0.3%) and its estimated rental value grow by £31 per month (1.6%). This results in an estimated gross rental yield of 4.1%.
Plot Size
HM Land Registry records the plot of land for 2, Park Drive, Morpeth as measuring 934 m2.
That makes it the 12th largest plot in the postcode, where 28 of the 35 other houses have recorded plot data.
Energy Efficiency
2, Park Drive, Morpeth has an Energy Performance Rating (EPC) of D. This is based on the most recent assessment, dated 29 Jan 2013.
The property is not connected to mains gas and has fully double glazed windows. It is heated using Boiler and radiators, mains gas.
Sold Prices
The most recent sale of 2, Park Drive, Morpeth completed on 24th August 2018 at £430,000 and was recorded by HM Land Registry as a freehold house.
Since 1995 the property has sold twice.
Values of comparable properties have risen by 6.7% over the period since August 2018.
- Sold Aug 2018£430,000
- Sold Apr 2002£165,000
Similar Properties Sold Nearby
Over the past 2 years 3 properties similar to 2, Park Drive, Morpeth have sold within a radius of 2.6 kilometres, per the Land Registry and our network of Estate Agents.
The latest, on the 2nd April 2026, was 2, Pele Court, Morpeth, NE61 6FL, a freehold house which sold for £600,000.
Read more about house prices in NE61.
•Nearby is defined as the radius comprising the nearest 2,000 addresses.
More reading links
Location Comparison
Of the 35 addresses on Park Drive, Hepscott Park, Stannington, Morpeth, NE61, 2, Park Drive, Morpeth comes out as the 13th largest and the 11th most expensive in our analysis of the public data.
It is also £260k more expensive than the average property across the NE61 district.
More reading links
Schools Nearby
- 2.9kmMeadowdale Academy
- 3.0kmMorpeth Stobhillgate First School
- 3.0kmMorpeth First School
- 3.1kmSt Benet Biscop Catholic Academy
- 5.1kmThe King Edward VI School
- 5.7kmBedlington Academy
More reading links
Public Transport Nearby
From 2, Park Drive, Morpeth, the nearest station is Morpeth, 3.6 kilometres away.
- 3.6kmMorpeth
- 4.7kmPegswood
- 5.3kmBedlington
Available Internet Speeds
Broadband here reaches ultrafast speeds, based on recent Ofcom data.
According to recent data from Ofcom, Ultrafast broadband is available in the area.
Risk of Flooding
The flood risk here is rated very low, based on Environment Agency data.
