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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, 5, Sweethope Dene, Morpeth is a modern freehold house with 624 ft2 of internal area and sits on a 287 m2 plot.
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 5, Sweethope Dene, Morpeth is £261,136 and the estimated rental value is £1,360 per month.
Sweethope Dene, Morpeth, NE61 is located within the NE61 postal district.
5, Sweethope Dene, Morpeth has a single entry in the Land Registry from November 2017 and a single entry in the EPC database dated June 2016.
We combine this information with that of neighbouring properties to estimate the property attributes and values.
The local information is scored as 1 out of 5 and is considered of low 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 5, Sweethope Dene, Morpeth is in very good condition we estimate a sale value of £274,193 and a rental value of £1,428 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £242,857 and a rental value of £1,265 per month.
Over the last 12 months the sale value of 5 Sweethope Dene Morpeth has increased by an estimated £10,219 (3.9%) and its rental value has increased by an estimated £67 per month (4.9%), giving an expected gross yield of 6.3%.
According to data from HM Land Registry, 5, Sweethope Dene, Morpeth sits on a plot of 287m2.
We have plot size data on 10 out of 15 other houses in the postcode and 5, Sweethope Dene, Morpeth sits on the 9th largest plot.
5, Sweethope Dene, Morpeth has an Energy Performance Rating (EPC) of C. This is based on the most recent assessment, dated 08 Jun 2016.
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, 5, Sweethope Dene, Morpeth was last sold on 24th November 2017 for £210,000 and was recorded as a freehold house.
The property has only had this single sale since 1995.
Since November 2017, the market for similar properties has dropped 5.9%
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to 5, Sweethope Dene, Morpeth within a radius of 680 metres over the last 2 years.
The most recent example is 29, Kingswell, Morpeth, NE61 2TY, a freehold house which sold for £245,000 on the 27th May 2022.
Read more about house prices in NE61.
•Nearby is defined as the radius comprising the nearest 2,000 addresses.
Sweethope Dene, Morpeth, NE61 has a total of 15 addresses. According to our analysis of all the public data, 5, Sweethope Dene, Morpeth is the 15th largest and the 15th most expensive property on the street.
When compared to the postcode district it is £17k less expensive than the average property in NE61.
The closest station to 5, Sweethope Dene, Morpeth is Morpeth station which is 600 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 5, Sweethope Dene, Morpeth, 59.9% of property is privately owned outright and 31.7% 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 5, Sweethope Dene, Morpeth, 16.4% of residents are recorded as possessing school level qualifications and 46.9% 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 5, Sweethope Dene, 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 5, Sweethope Dene, Morpeth, 0.5% 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 5, Sweethope Dene, Morpeth, there are an average of 1.5 cars per household.
See below for how this compares to North East and the rest of England & Wales.
