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Company No. 11113204
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VAT No. GB 287 0845 68
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According to the public record, 23, West Park, Morpeth is a leasehold apartment.
By comparing it to neighbours, we estimate that it is a mid-century apartment with 874 ft2 of internal area.
Apartments of this size in this area normally have 2 bedrooms.
Based on available information, and assuming reasonable condition, the estimated sale value for 23, West Park, Morpeth is £96,344 and the estimated rental value is £690 per month.
West Park, Morpeth, NE61 is located within the NE61 postal district.
23, West Park, Morpeth has 21 entries in the Land Registry , most recently in July 2007 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 1 out of 5 and is considered of low 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, West Park, Morpeth is in very good condition we estimate a sale value of £101,161 and a rental value of £724 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £89,600 and a rental value of £641 per month.
Over the last 12 months the sale value of 23 West Park Morpeth has increased by an estimated £1,332 (1.4%) and its rental value has increased by an estimated £16 per month (2.4%), giving an expected gross yield of 8.6%.
According to HM Land Registry, 23, West Park, Morpeth was last sold on 20th July 2007 for £98,000 and was recorded as a leasehold flat.
The property has had 2 sales since 1995.
Since July 2007, the market for similar properties has risen 34.1%
According to the Land Registry and our network of Estate Agents, there have been 3 property sales within a 700 metres radius of 23, West Park, Morpeth over the last 2 years.
The most recent example is 35, West Park, Morpeth, NE61 2JP, a leasehold flat which sold for £62,500 on the 17th March 2016.
Read more about house prices in NE61.
•Nearby is defined as the radius comprising the nearest 2,000 addresses.
West Park, Morpeth, NE61 has a total of 42 addresses. According to our analysis of all the public data, 23, West Park, Morpeth is the 16th largest and the 32nd most expensive property on the street.
When compared to the postcode district it is £182k less expensive than the average property in NE61.
The closest station to 23, West Park, Morpeth is Morpeth station which is 900 metres 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, West Park, Morpeth, 44.4% of property is socially rented and 20.6% 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, West Park, Morpeth, 15.2% of residents are recorded as possessing school level qualifications and 19.1% 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, West Park, Morpeth, the average age was 48.3 and the most common age was 62.
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, West Park, Morpeth, 0.0% 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, West Park, Morpeth, there are an average of 0.8 cars per household.
See below for how this compares to North East and the rest of England & Wales.
