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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, 3, High House Close, Morpeth is a freehold house.
By comparing it to neighbours, we estimate that it is a mid-century house with 715 ft2 of internal area and sits on a 3,560 m2 plot and a garden.
Houses of this size in this area normally have 3 bedrooms.
Based on available information, and assuming reasonable condition, the estimated sale value for 3, High House Close, Morpeth is £387,676 and the estimated rental value is £1,632 per month.
High House Close, Morpeth, NE61 is located within the NE61 postal district.
3, High House Close, Morpeth has a single entry in the Land Registry from January 2019 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 3, High House Close, Morpeth is in very good condition we estimate a sale value of £407,060 and a rental value of £1,714 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £360,538 and a rental value of £1,518 per month.
Over the last 12 months the sale value of 3 High House Close Morpeth has increased by an estimated £15,170 (3.9%) and its rental value has increased by an estimated £80 per month (4.9%), giving an expected gross yield of 5.1%.
According to data from HM Land Registry, 3, High House Close, Morpeth sits on a plot of 3560m2.
We have plot size data on 3 out of 5 other houses in the postcode and 3, High House Close, Morpeth sits on the 2nd largest plot.
According to HM Land Registry, 3, High House Close, Morpeth was last sold on 29th January 2019 for £125,000 and was recorded as a freehold house.
The property has only had this single sale since 1995.
Since January 2019, the market for similar properties has dropped 0.3%
According to the Land Registry and our network of Estate Agents, there have been 2 sales of properties similar to 3, High House Close, Morpeth within a radius of 970 metres over the last 2 years.
The most recent example is Ford Cottage, High Stanners, Morpeth, NE61 1QL, a freehold house which sold for £175,000 on the 9th October 2015.
Read more about house prices in NE61.
•Nearby is defined as the radius comprising the nearest 2,000 addresses.
High House Close, Morpeth, NE61 has a total of 5 addresses. According to our analysis of all the public data, 3, High House Close, Morpeth is the 5th largest and the 5th most expensive property on the street.
When compared to the postcode district it is £109k more expensive than the average property in NE61.
The closest station to 3, High House Close, Morpeth is Morpeth station which is 1.6 kilometres away.
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 3, High House Close, Morpeth, 52.0% of property is privately owned outright and 43.2% 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 3, High House Close, Morpeth, 16.7% of residents are recorded as possessing school level qualifications and 50.8% 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 3, High House Close, 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 3, High House Close, 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 3, High House Close, 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.
