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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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According to the public record, 4, Loansdean Wood, Morpeth is a leasehold house.
By comparing it to neighbours, we estimate that it is a modern house with 2,121 ft2 of internal area and a garden.
Houses of this size in this area normally have 5 bedrooms.
Based on available information, and assuming reasonable condition, the estimated sale value for 4, Loansdean Wood, Morpeth is £432,381 and the estimated rental value is £2,169 per month.
Loansdean Wood, Morpeth, NE61 is located within the NE61 postal district.
4, Loansdean Wood, Morpeth has a single entry in the Land Registry from June 2012 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 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 4, Loansdean Wood, Morpeth is in very good condition we estimate a sale value of £454,000 and a rental value of £2,277 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £402,115 and a rental value of £2,017 per month.
Over the last 12 months the sale value of 4 Loansdean Wood Morpeth has increased by an estimated £1,155 (0.3%) and its rental value has increased by an estimated £35 per month (1.6%), giving an expected gross yield of 6%.
According to HM Land Registry, 4, Loansdean Wood, Morpeth was last sold on 29th June 2012 for £405,000 and was recorded as a leasehold house.
The property has only had this single sale since 1995.
Since June 2012, the market for similar properties has risen 37.6%
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to 4, Loansdean Wood, Morpeth within a radius of 750 metres over the last 2 years.
The most recent example is 2, High Stobhill, Morpeth, NE61 2TT, a freehold house which sold for £451,000 on the 15th November 2024.
Read more about house prices in NE61.
•Nearby is defined as the radius comprising the nearest 2,000 addresses.
Loansdean Wood, Morpeth, NE61 has a total of 86 addresses. According to our analysis of all the public data, 4, Loansdean Wood, Morpeth is the 12th largest and the 12th most expensive property on the street.
When compared to the postcode district it is £152k more expensive than the average property in NE61.
The closest station to 4, Loansdean Wood, Morpeth is Morpeth station which is 700 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.
The recent census recorded whether a resident owned or rented their home.
In the area around 4, Loansdean Wood, Morpeth, 50.3% of property is privately owned outright and 26.2% 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 4, Loansdean Wood, Morpeth, 12.5% of residents are recorded as possessing school level qualifications and 51.7% 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 4, Loansdean Wood, 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 4, Loansdean Wood, 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 4, Loansdean Wood, 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.
