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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
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The public record describes 31, Park Road, Morpeth as an early-century house with 979 ft2 of internal area.
In this area, houses of this size normally have 3 bedrooms with a garden.
31, Park Road, Morpeth has an estimated sale value of £109,793 and an estimated rental value of £731 per month, assuming reasonable condition and based on the information available.
Park Road, Lynemouth, Morpeth, NE61 lies within the NE61 postal district.
31, Park Road, Morpeth has no records in the the Land Registry and a single entry in the EPC database dated June 2016.
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.
In very good condition, we estimate 31, Park Road, Morpeth would be worth £115,282, with a potential rental value of £768 per month.
If substantial cosmetic improvements are needed, the estimated sale value falls to £102,107, with a rental value of £680 per month.
The extent to which decoration affects a property's value depends on its type, size and location.
The estimated sale value of 31, Park Road, Morpeth has grown by £3,887 (3.5%) over the last year. During the same period, its estimated monthly rental value has climbed by £37 (5.0%). The property's estimated gross yield is currently 8.0%.
31, Park Road, Morpeth has an Energy Performance Rating (EPC) of D. This is based on the most recent assessment, dated 17 Jun 2016.
The property is connected to mains gas and has fully double glazed windows. It is heated using Boiler and radiators, mains gas.
Land Registry records and our Estate Agent network show 3 sales of comparable properties within 1.9 kilometres of 31, Park Road, Morpeth across the last 2 years.
Most recently, 61, Park Road, Morpeth, NE61 5XJ, a freehold house, sold at £85,000 on the 1st March 2023.
Read more about house prices in NE61.
•Nearby is defined as the radius comprising the nearest 2,000 addresses.
Our analysis of the public data ranks 31, Park Road, Morpeth as the 11th largest and the 51st most expensive of the 113 addresses on Park Road, Lynemouth, Morpeth, NE61.
Against the NE61 postcode district average, it is £171k less expensive than the typical property.
Ashington station is the nearest stop to 31, Park Road, Morpeth at 3.8 kilometres away.
Ofcom's latest figures show superfast broadband available in this area.
According to recent data from Ofcom, Superfast broadband is available in the area.
Environment Agency data suggests this area has a very low risk of flooding.
The recent census recorded whether a resident owned or rented their home.
In the area around 31, Park Road, Morpeth, 29.5% of property is privately owned outright and 28.3% is privately rented.
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 31, Park Road, Morpeth, 16.4% of residents are recorded as possessing school level qualifications and 18.7% 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 31, Park Road, Morpeth, the average age was 45 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 31, Park Road, 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 31, Park Road, Morpeth, there are an average of 1.2 cars per household.
See below for how this compares to North East and the rest of England & Wales.
