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Company No. 11113204
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VAT No. GB 287 0845 68
Registered Address: 2 Leman St, London E1 8FA
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According to the public record, 23, Norham Drive, Morpeth is a modern leasehold house with 1,108 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 23, Norham Drive, Morpeth is £351,275 and the estimated rental value is £1,524 per month.
Norham Drive, Morpeth, NE61 is located within the NE61 postal district.
23, Norham Drive, Morpeth has 31 entries in the Land Registry , most recently in December 2024 and a single entry in the EPC database dated May 2022.
We combine this information with that of neighbouring properties to estimate the property attributes and values.
The local information is scored as 4 out of 5 and is considered of high 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 23, Norham Drive, Morpeth is in very good condition we estimate a sale value of £368,838 and a rental value of £1,600 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £326,685 and a rental value of £1,417 per month.
Over the last 12 months the sale value of 23 Norham Drive Morpeth has increased by an estimated £13,746 (3.9%) and its rental value has increased by an estimated £75 per month (4.9%), giving an expected gross yield of 5.2%.
23, Norham Drive, Morpeth has an Energy Performance Rating (EPC) of D. This is based on the most recent assessment, dated 31 May 2022.
The property is connected to mains gas and has fully double glazed windows. It is heated using Boiler and radiators, mains gas.
According to HM Land Registry, 23, Norham Drive, Morpeth was last sold on 6th December 2024 for £285,000 and was recorded as a leasehold house.
The property has had 3 sales since 1995.
Since December 2024, the market for similar properties has dropped 13.7%
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to 23, Norham Drive, Morpeth within a radius of 880 metres over the last 2 years.
The most recent example is 29, Norham Drive, Morpeth, NE61 2XA, a freehold house which sold for £300,000 on the 20th December 2024.
Read more about house prices in NE61.
•Nearby is defined as the radius comprising the nearest 2,000 addresses.
Norham Drive, Morpeth, NE61 has a total of 55 addresses. According to our analysis of all the public data, 23, Norham Drive, Morpeth is the 43rd largest and the 44th most expensive property on the street.
When compared to the postcode district it is £73k more expensive than the average property in NE61.
The closest station to 23, Norham Drive, Morpeth is Morpeth station which is 1.2 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.
The recent census recorded whether a resident owned or rented their home.
In the area around 23, Norham Drive, Morpeth, 45.8% of property is privately owned with a mortgage and 43.0% is privately owned outright.
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 23, Norham Drive, Morpeth, 23.9% of residents are recorded as possessing school level qualifications and 56.5% 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 23, Norham Drive, 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 23, Norham Drive, Morpeth, 1.8% 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 23, Norham Drive, Morpeth, there are an average of 1.7 cars per household.
See below for how this compares to North East and the rest of England & Wales.
