2, Percy Drive
2, Percy Drive
Description & Estimates
2, Percy Drive, Morpeth appears in the public record as a freehold house sitting on a 1,156 m2 plot.
By comparing it to nearby properties, we estimate it to be a modern house with 862 ft2 of internal area and a garden.
Locally, houses of this size normally have 3 bedrooms.
Our estimate of the sale value of 2, Percy Drive, Morpeth is £388,138 and its rental estimate is £1,362 per month, given the available information and assuming reasonable condition.
Percy Drive, Swarland, Morpeth, NE65 falls within the NE65 postal district.
Our Data Sources
2, Percy Drive, Morpeth has a single entry in the Land Registry from April 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 2 out of 5 and is considered of medium 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, Percy Drive, Morpeth, we estimate a market value of £407,545 and a rental value of £1,430 per month when presented in very good decorative order. Should the property require extensive cosmetic improvement, those figures would reduce to £360,968 and £1,267 per month respectively.
Recent Market Change
Over the last year, 2, Percy Drive, Morpeth has seen its estimated sale value rise by £7,848 (2.0%) and its estimated rental value move up by £44 per month (3.2%). This results in an estimated gross rental yield of 4.2%.
Plot Size
HM Land Registry records the plot of land for 2, Percy Drive, Morpeth as measuring 1,156 m2.
That makes it the 5th largest plot in the postcode, where all 9 other houses have recorded plot data.
Sold Prices
The most recent sale of 2, Percy Drive, Morpeth completed on 28th April 2016 at £150,000 and was recorded by HM Land Registry as a freehold house.
Since 1995 this is the property's only sale.
Values of comparable properties have risen by 27.3% over the period since April 2016.
- Sold Apr 2016£150,000
Similar Properties Sold Nearby
Over the past 2 years 3 properties similar to 2, Percy Drive, Morpeth have sold within a radius of 4.9 kilometres, per the Land Registry and our network of Estate Agents.
The latest, on the 24th July 2024, was 2, Kenmore Croft, Morpeth, NE65 9QU, a freehold house which sold for £400,000.
Read more about house prices in NE65.
•Nearby is defined as the radius comprising the nearest 2,000 addresses.
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Location Comparison
Of the 9 addresses on Percy Drive, Swarland, Morpeth, NE65, 2, Percy Drive, Morpeth comes out as the 9th largest and the 8th most expensive in our analysis of the public data.
It is also £94k more expensive than the average property across the NE65 district.
More reading links
Schools Nearby
- 100mSwarland Primary School
- 3.8kmFelton Church of England Primary School
- 6.2kmShilbottle Primary School
- 8.3kmThe Duchess's Community High School
- 9.5kmJames Calvert Spence College
- 17.4kmThe King Edward VI School
More reading links
Public Transport Nearby
From 2, Percy Drive, Morpeth, the nearest station is Acklington, 6.4 kilometres away.
- 6.4kmAcklington
- 9.8kmAlnmouth
- 12.7kmWiddrington
Available Internet Speeds
Broadband here reaches superfast speeds, based on recent Ofcom data.
According to recent data from Ofcom, Superfast broadband is available in the area.
Risk of Flooding
The flood risk here is rated very low, based on Environment Agency data.
