21, Southgate Wood
21, Southgate Wood
Description & Estimates
Public records show 21, Southgate Wood, Morpeth to be a modern freehold house with 2,271 ft2 of internal area, sitting on a 1,489 m2 plot.
In this area, houses of this size normally have 5 bedrooms with a garden.
21, Southgate Wood, Morpeth has an estimated sale value of £822,984 and an estimated rental value of £2,737 per month, assuming reasonable condition and based on the information available.
Southgate Wood, Morpeth, NE61 lies within the NE61 postal district.
Our Data Sources
21, Southgate Wood, Morpeth has 21 entries in the Land Registry , most recently in April 2022 and a single entry in the EPC database dated February 2014.
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
In very good condition, we estimate 21, Southgate Wood, Morpeth would be worth £864,133, with a potential rental value of £2,873 per month.
If substantial cosmetic improvements are needed, the estimated sale value falls to £765,375, with a rental value of £2,545 per month.
The extent to which decoration affects a property's value depends on its type, size and location.
Recent Market Change
The estimated sale value of 21, Southgate Wood, Morpeth has increased by £2,199 (0.3%) over the last year. During the same period, its estimated monthly rental value has grown by £45 (1.6%). The property's estimated gross yield is currently 4.0%.
Plot Size
21, Southgate Wood, Morpeth occupies a 1,489 m2 plot as recorded by HM Land Registry.
All 20 other houses in this postcode have recorded plot sizes, and this one ranks as the 3rd largest.
Energy Efficiency
21, Southgate Wood, Morpeth has an Energy Performance Rating (EPC) of D. This is based on the most recent assessment, dated 05 Feb 2014.
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
21, Southgate Wood, Morpeth last changed hands on 20th April 2022, selling for £725,023. The transaction was logged as a freehold house by HM Land Registry.
In total it has sold twice since 1995.
The market for similar properties has risen by 6.9% since April 2022.
- Sold Apr 2022£725,023
- Sold Dec 2001£395,000
Similar Properties Sold Nearby
Land Registry records and our Estate Agent network show 3 sales of comparable properties within 1.0 kilometres of 21, Southgate Wood, Morpeth across the last 2 years.
Most recently, 8, Southgate Wood, Morpeth, NE61 2EN, a freehold house, sold at £840,000 on the 4th August 2023.
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
Our analysis of the public data ranks 21, Southgate Wood, Morpeth as the 2nd largest and the 4th most expensive of the 21 addresses on Southgate Wood, Morpeth, NE61.
Against the NE61 postcode district average, it is £542k more expensive than the typical property.
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Schools Nearby
- 400mMorpeth First School
- 1.2kmMorpeth Stobhillgate First School
- 1.8kmAbbeyfields First School
- 2.7kmThe King Edward VI School
- 5.5kmSt Benet Biscop Catholic Academy
- 7.4kmAshington Academy
More reading links
Public Transport Nearby
Morpeth station is the nearest stop to 21, Southgate Wood, Morpeth at 1.3 kilometres away.
- 1.3kmMorpeth
- 3.9kmPegswood
- 7.5kmBedlington
Available Internet Speeds
Ofcom's latest figures show superfast broadband available in this area.
According to recent data from Ofcom, Superfast broadband is available in the area.
Risk of Flooding
Environment Agency data suggests this area has a very low risk of flooding.
