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According to the public record, 8, Copper Chare, Morpeth is a modern freehold house with 807 ft2 of internal area and sits on a 67.3 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 8, Copper Chare, Morpeth is £212,859 and the estimated rental value is £1,360 per month.
Copper Chare, Morpeth, NE61 is located within the NE61 postal district.
8, Copper Chare, Morpeth has a single entry in the Land Registry from May 2021 and a single entry in the EPC database dated August 2020.
We combine this information with that of neighbouring properties to estimate the property attributes and values.
The local information is scored as 2 out of 5 and is considered of medium 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 8, Copper Chare, Morpeth is in very good condition we estimate a sale value of £223,502 and a rental value of £1,428 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £197,959 and a rental value of £1,264 per month.
Over the last 12 months the sale value of 8 Copper Chare Morpeth has increased by an estimated £8,330 (3.9%) and its rental value has increased by an estimated £67 per month (4.9%), giving an expected gross yield of 7.7%.
According to data from HM Land Registry, 8, Copper Chare, Morpeth sits on a plot of 67m2.
We have plot size data on 10 out of 11 other houses in the postcode and 8, Copper Chare, Morpeth sits on the 8th largest plot.
8, Copper Chare, Morpeth has an Energy Performance Rating (EPC) of C. This is based on the most recent assessment, dated 13 Aug 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, 8, Copper Chare, Morpeth was last sold on 19th May 2021 for £195,000 and was recorded as a freehold house.
The property has only had this single sale since 1995.
Since May 2021, the market for similar properties has risen 20.5%
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to 8, Copper Chare, Morpeth within a radius of 700 metres over the last 2 years.
The most recent example is 3, Copper Chare, Morpeth, NE61 1BS, a freehold house which sold for £140,000 on the 11th June 2021.
Read more about house prices in NE61.
•Nearby is defined as the radius comprising the nearest 2,000 addresses.
Copper Chare, Morpeth, NE61 has a total of 11 addresses. According to our analysis of all the public data, 8, Copper Chare, Morpeth is the 9th largest and the 9th most expensive property on the street.
When compared to the postcode district it is £66k less expensive than the average property in NE61.
The closest station to 8, Copper Chare, Morpeth is Morpeth station which is 1.0 kilometres 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 8, Copper Chare, Morpeth, 50.0% of property is privately owned outright and 23.0% is privately rented.
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 8, Copper Chare, Morpeth, 5.0% of residents are recorded as possessing school level qualifications and 33.2% 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 8, Copper Chare, Morpeth, the average age was 48.3 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 8, Copper Chare, Morpeth, 3.3% 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 8, Copper Chare, Morpeth, there are an average of 0.6 cars per household.
See below for how this compares to North East and the rest of England & Wales.
