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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, 8, Norham Drive, Morpeth is a modern freehold house with 1,323 ft2 of internal area and sits on a 450 m2 plot.
Houses of this size in this area normally have 4 bedrooms with a garden.
Based on available information, and assuming reasonable condition, the estimated sale value for 8, Norham Drive, Morpeth is £393,077 and the estimated rental value is £1,581 per month.
Norham Drive, Morpeth, NE61 is located within the NE61 postal district.
8, Norham Drive, Morpeth has 31 entries in the Land Registry , most recently in March 2015 and a single entry in the EPC database dated November 2012.
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 8, Norham Drive, Morpeth is in very good condition we estimate a sale value of £412,731 and a rental value of £1,660 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £365,561 and a rental value of £1,470 per month.
Over the last 12 months the sale value of 8 Norham Drive Morpeth has increased by an estimated £5,553 (1.4%) and its rental value has increased by an estimated £50 per month (3.1%), giving an expected gross yield of 4.8%.
According to data from HM Land Registry, 8, Norham Drive, Morpeth sits on a plot of 450m2.
We have plot size data on 52 out of 55 other houses in the postcode and 8, Norham Drive, Morpeth sits on the 22nd largest plot.
8, Norham Drive, Morpeth has an Energy Performance Rating (EPC) of D. This is based on the most recent assessment, dated 09 Nov 2012.
The property is not 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, Norham Drive, Morpeth was last sold on 26th March 2015 for £318,000 and was recorded as a freehold house.
The property has had 3 sales since 1995.
Since March 2015, the market for similar properties has risen 11.0%
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to 8, Norham Drive, Morpeth within a radius of 750 metres over the last 2 years.
The most recent example is 1, Crookham Grove, Morpeth, NE61 2XF, a freehold house which sold for £360,000 on the 1st February 2021.
Read more about house prices in NE61.
•Nearby is defined as the radius comprising the nearest 2,000 addresses.
Norham Drive, Morpeth, NE61 has a total of 55 addresses. According to our analysis of all the public data, 8, Norham Drive, Morpeth is the 35th largest and the 33rd most expensive property on the street.
When compared to the postcode district it is £115k more expensive than the average property in NE61.
The closest station to 8, Norham Drive, Morpeth is Morpeth station which is 1.2 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.
The recent census recorded whether a resident owned or rented their home.
In the area around 8, Norham Drive, Morpeth, 45.8% of property is privately owned with a mortgage and 43.0% is privately owned outright.
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, Norham Drive, Morpeth, 23.9% of residents are recorded as possessing school level qualifications and 56.5% 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, Norham Drive, Morpeth, the average age was 44.7 and the most common age was 57.
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, Norham Drive, Morpeth, 1.8% 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 8, Norham Drive, Morpeth, there are an average of 1.7 cars per household.
See below for how this compares to North East and the rest of England & Wales.
