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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
According to the public record, 4, Wheatsheaf Yard, Morpeth is a modern freehold house with 592 ft2 of internal area.
Houses of this size in this area normally have 3 bedrooms with a garden.
Based on available information, and assuming reasonable condition, the estimated sale value for 4, Wheatsheaf Yard, Morpeth is £178,608 and the estimated rental value is £1,259 per month.
Wheatsheaf Yard, Morpeth, NE61 is located within the NE61 postal district.
4, Wheatsheaf Yard, Morpeth has 31 entries in the Land Registry , most recently in April 2017 and a single entry in the EPC database dated February 2025.
We combine this information with that of neighbouring properties to estimate the property attributes and values.
The local information is scored as 2 out of 5 and is considered of medium 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, Wheatsheaf Yard, Morpeth is in very good condition we estimate a sale value of £187,539 and a rental value of £1,322 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £166,106 and a rental value of £1,171 per month.
Over the last 12 months the sale value of 4 Wheatsheaf Yard Morpeth has increased by an estimated £6,989 (3.9%) and its rental value has increased by an estimated £62 per month (4.9%), giving an expected gross yield of 8.5%.
4, Wheatsheaf Yard, Morpeth has an Energy Performance Rating (EPC) of C. This is based on the most recent assessment, dated 25 Feb 2025.
The property is connected to mains gas and has fully double glazed windows. It is heated using Boiler and radiators, mains gas.
According to HM Land Registry, 4, Wheatsheaf Yard, Morpeth was last sold on 10th April 2017 for £120,000 and was recorded as a freehold house.
The property has had 3 sales since 1995.
Since April 2017, the market for similar properties has risen 34.5%
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to 4, Wheatsheaf Yard, Morpeth within a radius of 590 metres over the last 2 years.
The most recent example is 17, Mathesons Gardens, Morpeth, NE61 1ET, a leasehold house which sold for £185,000 on the 21st February 2025.
Read more about house prices in NE61.
•Nearby is defined as the radius comprising the nearest 2,000 addresses.
Wheatsheaf Yard, Morpeth, NE61 has a total of 4 addresses. According to our analysis of all the public data, 4, Wheatsheaf Yard, Morpeth is the 4th largest and the 4th most expensive property on the street.
When compared to the postcode district it is £100k less expensive than the average property in NE61.
The closest station to 4, Wheatsheaf Yard, Morpeth is Morpeth station which is 800 metres away.
According to data from the Environment Agency, the flood risk in this area is considered to be very low.
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The recent census recorded whether a resident owned or rented their home.
In the area around 4, Wheatsheaf Yard, Morpeth, 35.9% of property is privately owned outright and 34.5% 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 4, Wheatsheaf Yard, Morpeth, 12.5% of residents are recorded as possessing school level qualifications and 42.8% 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 4, Wheatsheaf Yard, Morpeth, the average age was 48.3 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 4, Wheatsheaf Yard, Morpeth, 1.5% 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, Wheatsheaf Yard, Morpeth, there are an average of 1.1 cars per household.
See below for how this compares to North East and the rest of England & Wales.
