8, Caldburne Drive
8, Caldburne Drive
Description & Estimates
8, Caldburne Drive, Morpeth is recorded publicly as a modern freehold house across 1,194 ft2 of internal area, sitting on a 140 m2 plot.
Locally, houses of this size normally have 4 bedrooms with a garden.
Our estimate of the sale value of 8, Caldburne Drive, Morpeth is £384,556 and its rental estimate is £1,673 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
8, Caldburne Drive, Morpeth has 2 entries in the Land Registry , most recently in May 2022 and a single entry in the EPC database dated August 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.
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 8, Caldburne Drive, Morpeth, we estimate a market value of £403,784 and a rental value of £1,757 per month when presented in very good decorative order. Should the property require extensive cosmetic improvement, those figures would reduce to £357,637 and £1,556 per month respectively.
Recent Market Change
Over the last year, 8, Caldburne Drive, Morpeth has seen its estimated sale value rise by £4,217 (1.1%) and its estimated rental value move up by £40 per month (2.4%). This results in an estimated gross rental yield of 5.2%.
Plot Size
HM Land Registry records the plot of land for 8, Caldburne Drive, Morpeth as measuring 140 m2.
That makes it the 42nd largest plot in the postcode, where all 42 other houses have recorded plot data.
Energy Efficiency
8, Caldburne Drive, Morpeth has an Energy Performance Rating (EPC) of B. This is based on the most recent assessment, dated 09 Aug 2017.
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 8, Caldburne Drive, Morpeth completed on 27th May 2022 at £315,000 and was recorded by HM Land Registry as a freehold house.
Since 1995 the property has sold twice.
Values of comparable properties have dropped by 2.2% over the period since May 2022.
- Sold May 2022£315,000
- Sold Jun 2017£267,995
Similar Properties Sold Nearby
Over the past 2 years 3 properties similar to 8, 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 17th December 2024, was 12, Caldburne Drive, Morpeth, NE61 2FS, a freehold house which sold for £375,000.
Read more about house prices in NE61.
•Nearby is defined as the radius comprising the nearest 2,000 addresses.
More reading links
Location Comparison
Of the 42 addresses on Caldburne Drive, Collingwood Manor, Morpeth, NE61, 8, Caldburne Drive, Morpeth comes out as the 28th largest and the 28th most expensive in our analysis of the public data.
It is also £104k more expensive than the average property across the NE61 district.
More reading links
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 8, 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.
