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Bricks&Logic is a trading name of Urban Markets Ltd
Company No. 11113204
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VAT No. GB 287 0845 68
Registered Address: 2 Leman St, London E1 8FA
According to the public record, 29, Second Avenue, Morpeth is a early-century house with 807 ft2 of internal area and sits on a 309 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 29, Second Avenue, Morpeth is £121,373 and the estimated rental value is £844 per month.
Second Avenue, Morpeth, NE61 is located within the NE61 postal district.
29, Second Avenue, Morpeth has no records in the the Land Registry and a single entry in the EPC database dated August 2024.
We combine this information with public data 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 29, Second Avenue, Morpeth is in very good condition we estimate a sale value of £127,442 and a rental value of £886 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £112,877 and a rental value of £785 per month.
Over the last 12 months the sale value of 29 Second Avenue Morpeth has increased by an estimated £4,750 (3.9%) and its rental value has increased by an estimated £42 per month (4.9%), giving an expected gross yield of 8.3%.
According to data from HM Land Registry, 29, Second Avenue, Morpeth sits on a plot of 309m2.
We have plot size data on 21 out of 43 other houses in the postcode and 29, Second Avenue, Morpeth sits on the 9th largest plot.
29, Second Avenue, Morpeth has an Energy Performance Rating (EPC) of C. This is based on the most recent assessment, dated 07 Aug 2024.
The property is connected to mains gas and has fully double glazed windows. It is heated using Boiler and radiators, mains gas.
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to 29, Second Avenue, Morpeth within a radius of 640 metres over the last 2 years.
The most recent example is 13, Second Avenue, Morpeth, NE61 2ET, a freehold house which sold for £120,000 on the 12th November 2024.
Read more about house prices in NE61.
•Nearby is defined as the radius comprising the nearest 2,000 addresses.
Second Avenue, Morpeth, NE61 has a total of 107 addresses. According to our analysis of all the public data, 29, Second Avenue, Morpeth is the 33rd largest and the 59th most expensive property on the street.
When compared to the postcode district it is £157k less expensive than the average property in NE61.
The closest station to 29, Second Avenue, Morpeth is Morpeth station which is 300 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.
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The recent census recorded whether a resident owned or rented their home.
In the area around 29, Second Avenue, Morpeth, 30.5% of property is privately owned outright and 26.3% is privately owned with a mortgage.
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 29, Second Avenue, Morpeth, 17.1% of residents are recorded as possessing school level qualifications and 36.6% 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 29, Second Avenue, Morpeth, the average age was 47.5 and the most common age was 72.
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 29, Second Avenue, 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 29, Second Avenue, Morpeth, there are an average of 1.0 cars per household.
See below for how this compares to North East and the rest of England & Wales.
