Stay up to date
Stay up to date
Bricks&Logic is a trading name of Urban Markets Ltd
Company No. 11113204
  | Â
VAT No. GB 287 0845 68
Registered Address: 2 Leman St, London E1 8FA
Connect me with
an Estate Agent
Our partner Agents appear here!
Book a demo
Find an Estate
Agent
According to the public record, 3, Smiths Close, Morpeth is a modern freehold house with 1,313 ft2 of internal area and sits on a 252 m2 plot.
Houses of this size in this area normally have 4 bedrooms with a garden.
Based on available information, and assuming reasonable condition, the estimated sale value for 3, Smiths Close, Morpeth is £369,984 and the estimated rental value is £1,606 per month.
Smiths Close, Morpeth, NE61 is located within the NE61 postal district.
3, Smiths Close, Morpeth has a single entry in the Land Registry from March 2021 and a single entry in the EPC database dated November 2020.
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 3, Smiths Close, Morpeth is in very good condition we estimate a sale value of £388,483 and a rental value of £1,686 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £344,085 and a rental value of £1,494 per month.
Over the last 12 months the sale value of 3 Smiths Close Morpeth has increased by an estimated £5,226 (1.4%) and its rental value has increased by an estimated £51 per month (3.1%), giving an expected gross yield of 5.2%.
According to data from HM Land Registry, 3, Smiths Close, Morpeth sits on a plot of 252m2.
We have plot size data on 9 out of 14 other houses in the postcode and 3, Smiths Close, Morpeth sits on the 7th largest plot.
3, Smiths Close, Morpeth has an Energy Performance Rating (EPC) of B. This is based on the most recent assessment, dated 06 Nov 2020.
The property is not connected to mains gas and has high performance glazing. It is heated using Boiler and radiators, mains gas.
According to HM Land Registry, 3, Smiths Close, Morpeth was last sold on 5th March 2021 for £364,995 and was recorded as a freehold house.
The property has only had this single sale since 1995.
Since March 2021, the market for similar properties has dropped 4.0%
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to 3, Smiths Close, Morpeth within a radius of 900 metres over the last 2 years.
The most recent example is 1, Bowyer Way, Morpeth, NE61 2FZ, a freehold house which sold for £413,255 on the 13th December 2024.
Read more about house prices in NE61.
•Nearby is defined as the radius comprising the nearest 2,000 addresses.
Smiths Close, Morpeth, NE61 has a total of 14 addresses. According to our analysis of all the public data, 3, Smiths Close, Morpeth is the largest and the most expensive property on the street.
When compared to the postcode district it is £91k more expensive than the average property in NE61.
The closest station to 3, Smiths Close, Morpeth is Morpeth station which is 1.0 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, Smiths Close, Morpeth, % of property is and % is .
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, Smiths Close, Morpeth, 0.0% of residents are recorded as possessing school level qualifications and 0.0% as possessing degree level qualifications.
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, Smiths 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, Smiths Close, Morpeth, there are an average of 0.0 cars per household.
See below for how this compares to North East and the rest of England & Wales.
