7 The Paddocks, Morpeth
7 The Paddocks, Morpeth
Description & Estimates
According to the public record, 7 The Paddocks, Morpeth is a freehold house that sits on a 246 m2 plot.
By comparing it to neighbours, we estimate that it is a modern house with 908 ft2 of internal area 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 7 The Paddocks, Morpeth is £196,141 and the estimated rental value is £1,291 per month.
High Onstead, Pegswood, Morpeth, NE61 is located within the NE61 postal district.
Our Data Sources
7 The Paddocks, Morpeth has a single entry in the Land Registry from June 2019 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 4 out of 5 and is considered of high accuracy.
Price Range & Condition
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 7 The Paddocks, Morpeth is in very good condition we estimate a sale value of £205,948 and a rental value of £1,356 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £182,411 and a rental value of £1,201 per month.
Recent Market Change
Over the past 12 months, the estimated sale value of 7 The Paddocks, Morpeth has risen by £6,943 (3.5%), while its estimated rental value has moved up by £65 per month (5.0%). Based on current estimates, the property offers a gross rental yield of 7.9%.
Plot Size
According to data from HM Land Registry, 7 The Paddocks, Morpeth sits on a plot of 246 m2.
We have plot size data on 6 out of 9 other houses in the postcode and 7 The Paddocks, Morpeth sits on the 3rd largest plot.
Sold Prices
According to HM Land Registry, 7 The Paddocks, Morpeth was last sold on 28th June 2019 for £164,000 and was recorded as a freehold house.
The property has only had this single sale since 1995.
Since June 2019, the market for similar properties has risen by 48.5%.
- Sold Jun 2019£164,000
Similar Properties Sold Nearby
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to 7 The Paddocks, Morpeth within a radius of 1.8 kilometres over the last 2 years.
The most recent example is 6 The Paddocks, High Onstead, Morpeth, NE61 6RB, a freehold house which sold for £225,000 on the 7th August 2024.
Read more about house prices in NE61.
•Nearby is defined as the radius comprising the nearest 2,000 addresses.
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Location Comparison
High Onstead, Pegswood, Morpeth, NE61 has a total of 13 addresses. According to our analysis of all the public data, 7 The Paddocks, Morpeth is the 13th largest and the 11th most expensive property on the street.
When compared to the postcode district it is £85k less expensive than the average property in NE61.
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Schools Nearby
- 700mPegswood Primary School
- 2.6kmMorpeth Stobhillgate First School
- 2.8kmSt Roberts Catholic First School, Morpeth
- 2.5kmThe King Edward VI School
- 4.9kmAshington Academy
- 6.3kmSt Benet Biscop Catholic Academy
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Public Transport Nearby
The closest station to 7 The Paddocks, Morpeth is Pegswood station, which is 800 metres away.
- 800mPegswood
- 2.7kmMorpeth
- 5.3kmAshington
Risk of Flooding
According to data from the Environment Agency, the flood risk in this area is considered to be very low.
