44, Park Road
44, Park Road
Description & Estimates
44, Park Road, Morpeth is recorded publicly as a mid-century freehold house across 1,420 ft2 of internal area, sitting on a 504 m2 plot.
Locally, houses of this size normally have 4 bedrooms with a garden.
Our estimate of the sale value of 44, Park Road, Morpeth is £517,657 and its rental estimate is £1,521 per month, given the available information and assuming reasonable condition.
Park Road, Swarland, Morpeth, NE65 falls within the NE65 postal district.
Our Data Sources
44, Park Road, Morpeth has a single entry in the Land Registry from August 2009 and a single entry in the EPC database dated October 2008.
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
The condition of a property plays an important role in determining its value, with the degree of impact varying by property type, size and location.
For 44, Park Road, Morpeth, we estimate a market value of £543,540 and a rental value of £1,597 per month when presented in very good decorative order. Should the property require extensive cosmetic improvement, those figures would reduce to £481,421 and £1,415 per month respectively.
Recent Market Change
Over the last year, 44, Park Road, Morpeth has seen its estimated sale value grow by £6,140 (1.2%) and its estimated rental value climb by £38 per month (2.5%). This results in an estimated gross rental yield of 3.5%.
Plot Size
HM Land Registry records the plot of land for 44, Park Road, Morpeth as measuring 504 m2.
That makes it the 25th largest plot in the postcode, where 29 of the 31 other houses have recorded plot data.
Energy Efficiency
44, Park Road, Morpeth has an Energy Performance Rating (EPC) of F. This is based on the most recent assessment, dated 18 Oct 2008.
The property is not connected to mains gas and has single and multiple glazing. It is heated using Boiler and radiators, anthracite.
Sold Prices
The most recent sale of 44, Park Road, Morpeth completed on 14th August 2009 at £165,000 and was recorded by HM Land Registry as a freehold house.
Since 1995 this is the property's only sale.
Values of comparable properties have risen by 31.1% over the period since August 2009.
- Sold Aug 2009£165,000
Similar Properties Sold Nearby
Over the past 2 years 3 properties similar to 44, Park Road, Morpeth have sold within a radius of 4.3 kilometres, per the Land Registry and our network of Estate Agents.
The latest, on the 15th January 2024, was Lavender House, Old Park Road, Morpeth, NE65 9HJ, a freehold house which sold for £530,000.
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
Of the 31 addresses on Park Road, Swarland, Morpeth, NE65, 44, Park Road, Morpeth comes out as the 13th largest and the 12th most expensive in our analysis of the public data.
It is also £224k more expensive than the average property across the NE65 district.
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
From 44, Park Road, Morpeth, the nearest station is Acklington, 6.0 kilometres away.
- 6.0kmAcklington
- 10.4kmAlnmouth
- 11.9kmWiddrington
Available Internet Speeds
Broadband here reaches superfast speeds, based on recent Ofcom data.
According to recent data from Ofcom, Superfast broadband is available in the area.
Risk of Flooding
The flood risk here is rated very low, based on Environment Agency data.
