7, Caldburne Drive
7, Caldburne Drive
Description & Estimates
7, Caldburne Drive, Morpeth is recorded publicly as a modern freehold house across 1,420 ft2 of internal area, sitting on a 299 m2 plot.
Locally, houses of this size normally have 4 bedrooms with a garden.
Our estimate of the sale value of 7, Caldburne Drive, Morpeth is £419,194 and its rental estimate is £1,748 per month, given the available information and assuming reasonable condition.
Caldburne Drive, Collingwood Manor, Morpeth, NE61 falls within the NE61 postal district.
Our Data Sources
7, Caldburne Drive, Morpeth has a single entry in the Land Registry from June 2016 and a single entry in the EPC database dated July 2016.
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 7, Caldburne Drive, Morpeth, we estimate a market value of £440,154 and a rental value of £1,836 per month when presented in very good decorative order. Should the property require extensive cosmetic improvement, those figures would reduce to £389,851 and £1,626 per month respectively.
Recent Market Change
Over the last year, 7, Caldburne Drive, Morpeth has seen its estimated sale value climb by £4,597 (1.1%) and its estimated rental value rise by £42 per month (2.4%). This results in an estimated gross rental yield of 5.0%.
Plot Size
HM Land Registry records the plot of land for 7, Caldburne Drive, Morpeth as measuring 299 m2.
That makes it the 18th largest plot in the postcode, where all 42 other houses have recorded plot data.
Energy Efficiency
7, Caldburne Drive, Morpeth has an Energy Performance Rating (EPC) of B. This is based on the most recent assessment, dated 13 Jul 2016.
The property is not connected to mains gas and has high performance glazing. It is heated using Boiler and radiators, mains gas.
Sold Prices
The most recent sale of 7, Caldburne Drive, Morpeth completed on 20th June 2016 at £344,995 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 17.1% over the period since June 2016.
- Sold Jun 2016£344,995
Similar Properties Sold Nearby
Over the past 2 years 3 properties similar to 7, Caldburne Drive, Morpeth have sold within a radius of 1.1 kilometres, per the Land Registry and our network of Estate Agents.
The latest, on the 13th December 2024, was 1, Cuthbert Way, Morpeth, NE61 2FQ, a freehold house which sold for £430,000.
Read more about house prices in NE61.
- Sold Dec 2024£430,000 | 4 Bed House1, Cuthbert Way, Morpeth, NE61 2FQ1, Cuthbert Way, Morpeth, NE61 2FQ
- Sold Aug 2023£400,000 | 4 Bed House4, Caldburne Drive, Morpeth, NE61 2FS4, Caldburne Drive, Morpeth, NE61 2FS
- Sold Feb 2023£380,000 | 4 Bed House16, Caldburne Drive, Morpeth, NE61 2FS16, Caldburne Drive, Morpeth, NE61 2FS
•Nearby is defined as the radius comprising the nearest 2,000 addresses.
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Location Comparison
Of the 42 addresses on Caldburne Drive, Collingwood Manor, Morpeth, NE61, 7, Caldburne Drive, Morpeth comes out as the 8th largest and the 12th most expensive in our analysis of the public data.
It is also £138k more expensive than the average property across the NE61 district.
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Schools Nearby
- 500mMorpeth First School
- 1.4kmMorpeth Stobhillgate First School
- 1.6kmAbbeyfields First School
- 2.6kmThe King Edward VI School
- 5.8kmSt Benet Biscop Catholic Academy
- 7.6kmAshington Academy
More reading links
Public Transport Nearby
From 7, Caldburne Drive, Morpeth, the nearest station is Morpeth, 1.3 kilometres away.
- 1.3kmMorpeth
- 4.1kmPegswood
- 7.8kmBedlington
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.
