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According to the public record, 6, The Steads, Morpeth is a freehold house.
By comparing it to neighbours, we estimate that it is a modern house with 922 ft2 of internal area and sits on a 176 m2 plot and a garden.
Houses of this size in this area normally have 3 bedrooms.
Based on available information, and assuming reasonable condition, the estimated sale value for 6, The Steads, Morpeth is £243,003 and the estimated rental value is £1,415 per month.
The Steads, Morpeth, NE61 is located within the NE61 postal district.
6, The Steads, Morpeth has a single entry in the Land Registry from April 2011 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 3 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 6, The Steads, Morpeth is in very good condition we estimate a sale value of £255,153 and a rental value of £1,485 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £225,993 and a rental value of £1,316 per month.
Over the last 12 months the sale value of 6 The Steads Morpeth has increased by an estimated £9,509 (3.9%) and its rental value has increased by an estimated £70 per month (4.9%), giving an expected gross yield of 7%.
According to data from HM Land Registry, 6, The Steads, Morpeth sits on a plot of 176m2.
We have plot size data on 12 out of 12 other houses in the postcode and 6, The Steads, Morpeth sits on the 6th largest plot.
According to HM Land Registry, 6, The Steads, Morpeth was last sold on 4th April 2011 for £141,000 and was recorded as a freehold house.
The property has only had this single sale since 1995.
Since April 2011, the market for similar properties has risen 4.9%
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to 6, The Steads, Morpeth within a radius of 770 metres over the last 2 years.
The most recent example is 30, Loansdean Wood, Morpeth, NE61 2FB, a leasehold house which sold for £202,500 on the 17th November 2023.
Read more about house prices in NE61.
•Nearby is defined as the radius comprising the nearest 2,000 addresses.
The Steads, Morpeth, NE61 has a total of 12 addresses. According to our analysis of all the public data, 6, The Steads, Morpeth is the 2nd largest and the 2nd most expensive property on the street.
When compared to the postcode district it is £36k less expensive than the average property in NE61.
The closest station to 6, The Steads, Morpeth is Morpeth station which is 800 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.
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The recent census recorded whether a resident owned or rented their home.
In the area around 6, The Steads, 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 6, The Steads, 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 6, The Steads, 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 6, The Steads, 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 6, The Steads, 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.
