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According to the public record, 7, William Street, Morpeth is an early-century freehold house with 1,011 ft2 of internal area and sits on a 187 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 7, William Street, Morpeth is £144,732 and the estimated rental value is £954 per month.
William Street, Pegswood, Morpeth, NE61 is located within the NE61 postal district.
7, William Street, Morpeth has 31 entries in the Land Registry , most recently in September 2017 and a single entry in the EPC database dated June 2017.
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.
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, William Street, Morpeth is in very good condition we estimate a sale value of £151,969 and a rental value of £1,001 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £134,601 and a rental value of £887 per month.
Over the past 12 months, the estimated sale value of 7, William Street, Morpeth has moved up by £5,124 (3.5%), while its estimated rental value has increased by £48 per month (5.0%). Based on current estimates, the property offers a gross rental yield of 7.9%.
According to data from HM Land Registry, 7, William Street, Morpeth sits on a plot of 187 m2.
We have plot size data on 11 out of 16 other houses in the postcode and 7, William Street, Morpeth sits on the 3rd largest plot.
7, William Street, Morpeth has an Energy Performance Rating (EPC) of C. This is based on the most recent assessment, dated 06 Jun 2017.
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, William Street, Morpeth was last sold on 28th September 2017 for £97,000 and was recorded as a freehold house.
The property has had 3 sales since 1995.
Since September 2017, the market for similar properties has risen by 117.8%.
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to 7, William Street, Morpeth within a radius of 2.1 kilometres over the last 2 years.
The most recent example is 10, Charles Street, Morpeth, NE61 6UN, a freehold house which sold for £90,000 on the 31st May 2022.
Read more about house prices in NE61.
•Nearby is defined as the radius comprising the nearest 2,000 addresses.
William Street, Pegswood, Morpeth, NE61 has a total of 16 addresses. According to our analysis of all the public data, 7, William Street, Morpeth is the 3rd largest and the 6th most expensive property on the street.
When compared to the postcode district it is £136k less expensive than the average property in NE61.
The closest station to 7, William Street, Morpeth is Pegswood station, which is 200 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 7, William Street, Morpeth, 34.1% of property is privately owned outright and 27.0% 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, William Street, Morpeth, 22.2% of residents are recorded as possessing school level qualifications and 18.0% 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, William Street, Morpeth, the average age was 45.1 and the most common age was 62.
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, William Street, 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 7, William Street, Morpeth, there are an average of 1.1 cars per household.
See below for how this compares to North East and the rest of England & Wales.
