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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, 7, Thornton Close, Morpeth is a modern house with 2,357 ft2 of internal area and sits on a 717 m2 plot.
Houses of this size in this area normally have 5 bedrooms with a garden.
Based on available information, and assuming reasonable condition, the estimated sale value for 7, Thornton Close, Morpeth is £550,843 and the estimated rental value is £2,083 per month.
Thornton Close, Morpeth, NE61 is located within the NE61 postal district.
7, Thornton Close, Morpeth has no recent1 records in the the Land Registry and a single entry in the EPC database dated February 2020.
We combine this information with public data 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 7, Thornton Close, Morpeth is in very good condition we estimate a sale value of £578,385 and a rental value of £2,187 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £512,284 and a rental value of £1,937 per month.
Over the last 12 months the sale value of 7 Thornton Close Morpeth has increased by an estimated £2,368 (0.4%) and its rental value has increased by an estimated £27 per month (1.3%), giving an expected gross yield of 4.5%.
According to data from HM Land Registry, 7, Thornton Close, Morpeth sits on a plot of 717m2.
We have plot size data on 9 out of 9 other houses in the postcode and 7, Thornton Close, Morpeth sits on the largest plot.
7, Thornton Close, Morpeth has an Energy Performance Rating (EPC) of C. This is based on the most recent assessment, dated 10 Feb 2020.
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, 7, Thornton Close, Morpeth was last sold on 1st August 2000 for £173,500 and was recorded as a leasehold house.
The property has had 2 sales since 1995.
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to 7, Thornton Close, Morpeth within a radius of 700 metres over the last 2 years.
The most recent example is 1, Eglingham Close, Morpeth, NE61 2XQ, a leasehold house which sold for £450,000 on the 19th February 2021.
Read more about house prices in NE61.
•Nearby is defined as the radius comprising the nearest 2,000 addresses.
Thornton Close, Morpeth, NE61 has a total of 9 addresses. According to our analysis of all the public data, 7, Thornton Close, Morpeth is the largest and the 2nd most expensive property on the street.
When compared to the postcode district it is £272k more expensive than the average property in NE61.
The closest station to 7, Thornton Close, Morpeth is Morpeth station which is 900 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 7, Thornton Close, Morpeth, 61.3% of property is privately owned outright and 32.1% 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 7, Thornton Close, Morpeth, 20.3% of residents are recorded as possessing school level qualifications and 50.3% 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 7, Thornton Close, 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 7, Thornton Close, Morpeth, 0.8% 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 7, Thornton Close, Morpeth, there are an average of 1.6 cars per household.
See below for how this compares to North East and the rest of England & Wales.
