38, Park Road
38, Park Road
Description & Estimates
Public records show 38, Park Road, Morpeth to be an early-century freehold house with 2,045 ft2 of internal area, sitting on a 646 m2 plot.
In this area, houses of this size normally have 5 bedrooms with a garden.
38, Park Road, Morpeth has an estimated sale value of £652,448 and an estimated rental value of £1,921 per month, assuming reasonable condition and based on the information available.
Park Road, Swarland, Morpeth, NE65 lies within the NE65 postal district.
Our Data Sources
38, Park Road, Morpeth has a single entry in the Land Registry from May 2015 and a single entry in the EPC database dated August 2019.
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.
Price Range & Condition
In very good condition, we estimate 38, Park Road, Morpeth would be worth £685,070, with a potential rental value of £2,017 per month.
If substantial cosmetic improvements are needed, the estimated sale value falls to £606,776, with a rental value of £1,786 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 38, Park Road, Morpeth has declined by £403 (0.1%) over the last year. During the same period, its estimated monthly rental value has climbed by £27 (1.4%). The property's estimated gross yield is currently 3.5%.
Plot Size
38, Park Road, Morpeth occupies a 646 m2 plot as recorded by HM Land Registry.
Of the 31 other houses in this postcode, 29 have recorded plot sizes, and this one ranks as the 24th largest.
Energy Efficiency
38, Park Road, Morpeth has an Energy Performance Rating (EPC) of E. This is based on the most recent assessment, dated 11 Aug 2019.
The property is not connected to mains gas and has fully double glazed windows. It is heated using Boiler and radiators, oil.
Sold Prices
38, Park Road, Morpeth last changed hands on 15th May 2015, selling for £215,000. 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 39.4% since May 2015.
- Sold May 2015£215,000
Similar Properties Sold Nearby
Land Registry records and our Estate Agent network show 3 sales of comparable properties within 4.4 kilometres of 38, Park Road, Morpeth across the last 2 years.
Most recently, Lily House, Old Park Road, Morpeth, NE65 9HJ, a freehold house, sold at £675,000 on the 26th March 2024.
Read more about house prices in NE65.
•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 38, Park Road, Morpeth as the 4th largest and the 4th most expensive of the 31 addresses on Park Road, Swarland, Morpeth, NE65.
Against the NE65 postcode district average, it is £358k more expensive than the typical property.
More reading links
Schools Nearby
- 1.0kmSwarland Primary School
- 3.0kmFelton Church of England Primary School
- 6.8kmShilbottle Primary School
- 9.1kmThe Duchess's Community High School
- 9.4kmJames Calvert Spence College
- 16.5kmThe King Edward VI School
More reading links
Public Transport Nearby
Acklington station is the nearest stop to 38, Park Road, Morpeth at 6.0 kilometres away.
- 6.0kmAcklington
- 10.4kmAlnmouth
- 11.9kmWiddrington
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.
