27, Park Road
27, Park Road
Description & Estimates
The public record lists 27, Park Road, Morpeth as a freehold house sitting on a 188 m2 plot.
Comparison with its neighbours suggests a period house with 431 ft2 of internal area and a garden.
In this area, houses of this size normally have 2 bedrooms.
27, Park Road, Morpeth has an estimated sale value of £49,213 and an estimated rental value of £358 per month, assuming reasonable condition and based on the information available.
Park Road, Lynemouth, Morpeth, NE61 lies within the NE61 postal district.
Our Data Sources
27, Park Road, Morpeth has a single entry in the Land Registry from October 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 3 out of 5 and is considered of medium accuracy.
Price Range & Condition
In very good condition, we estimate 27, Park Road, Morpeth would be worth £51,674, with a potential rental value of £376 per month.
If substantial cosmetic improvements are needed, the estimated sale value falls to £45,768, with a rental value of £333 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 27, Park Road, Morpeth has moved up by £1,754 (3.6%) over the last year. During the same period, its estimated monthly rental value has increased by £18 (5.1%). The property's estimated gross yield is currently 8.7%.
Plot Size
27, Park Road, Morpeth occupies a 188 m2 plot as recorded by HM Land Registry.
Of the 30 other houses in this postcode, 23 have recorded plot sizes, and this one ranks as the 17th largest.
Sold Prices
27, Park Road, Morpeth last changed hands on 26th October 2007, selling for £77,950. The transaction was logged as a freehold house by HM Land Registry.
That is its only recorded sale since 1995.
The market for similar properties has risen by 101.2% since October 2007.
- Sold Oct 2007£77,950
Properties Sold Nearby
Land Registry records and our Estate Agent network show 3 sales within 1.9 kilometres of 27, Park Road, Morpeth across the last 2 years.
Most recently, 25, Park Road, Morpeth, NE61 5XH, a freehold house, sold at £63,000 on the 16th December 2021.
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 27, Park Road, Morpeth as the 106th largest and the 113th most expensive of the 113 addresses on Park Road, Lynemouth, Morpeth, NE61.
Against the NE61 postcode district average, it is £232k less expensive than the typical property.
More reading links
Schools Nearby
- 500mNCEA William Leech CofE Primary School
- 1.4kmEllington Primary School
- 2.7kmLinton Primary School
- 4.1kmNCEA Duke's Secondary School
- 4.5kmAshington Academy
- 8.4kmBedlington Academy
More reading links
Public Transport Nearby
Ashington station is the nearest stop to 27, Park Road, Morpeth at 3.7 kilometres away.
- 3.7kmAshington
- 5.6kmWiddrington
- 7.4kmPegswood
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.
