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Registered Address: 2 Leman St, London E1 8FA
According to the public record, 2, Willow Park, Morpeth is a modern freehold house with 839 ft2 of internal area and sits on a 521 m2 plot.
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, Willow Park, Morpeth is £306,996 and the estimated rental value is £1,416 per month.
Willow Park, Scots Gap, Morpeth, NE61 is located within the NE61 postal district.
2, Willow Park, Morpeth has 21 entries in the Land Registry , most recently in November 2018 and a single entry in the EPC database dated July 2018.
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, Willow Park, Morpeth is in very good condition we estimate a sale value of £322,346 and a rental value of £1,487 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £285,506 and a rental value of £1,317 per month.
Over the last 12 months the sale value of 2 Willow Park Morpeth has increased by an estimated £12,013 (3.9%) and its rental value has increased by an estimated £70 per month (4.9%), giving an expected gross yield of 5.5%.
According to data from HM Land Registry, 2, Willow Park, Morpeth sits on a plot of 521m2.
We have plot size data on 13 out of 14 other houses in the postcode and 2, Willow Park, Morpeth sits on the 13th largest plot.
2, Willow Park, Morpeth has an Energy Performance Rating (EPC) of D. This is based on the most recent assessment, dated 19 Jul 2018.
The property is not connected to mains gas and has fully double glazed windows. It is heated using Electric storage heaters.
According to HM Land Registry, 2, Willow Park, Morpeth was last sold on 9th November 2018 for £198,000 and was recorded as a freehold house.
The property has had 2 sales since 1995.
Since November 2018, the market for similar properties has risen 0.6%
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to 2, Willow Park, Morpeth within a radius of 13.5 kilometres over the last 2 years.
The most recent example is 6, Willow Park, Morpeth, NE61 4DA, a freehold house which sold for £320,000 on the 24th July 2023.
Read more about house prices in NE61.
•Nearby is defined as the radius comprising the nearest 2,000 addresses.
Willow Park, Scots Gap, Morpeth, NE61 has a total of 14 addresses. According to our analysis of all the public data, 2, Willow Park, Morpeth is the 12th largest and the 11th most expensive property on the street.
When compared to the postcode district it is £28k more expensive than the average property in NE61.
The closest station to 2, Willow Park, Morpeth is Morpeth station which is 16.4 kilometres 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.
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The recent census recorded whether a resident owned or rented their home.
In the area around 2, Willow Park, Morpeth, 29.4% of property is privately owned outright and 28.8% is socially rented.
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, Willow Park, Morpeth, 13.5% of residents are recorded as possessing school level qualifications and 34.4% 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, Willow Park, Morpeth, the average age was 44.7 and the most common age was 57.
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, Willow Park, Morpeth, 0.9% 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, Willow Park, Morpeth, there are an average of 1.6 cars per household.
See below for how this compares to North East and the rest of England & Wales.
