8, Park Drive
8, Park Drive
Description & Estimates
Public records show 8, Park Drive, Morpeth to be a mid-century freehold house with 1,162 ft2 of internal area.
In this area, houses of this size normally have 3 bedrooms with a garden.
8, Park Drive, Morpeth has an estimated sale value of £371,254 and an estimated rental value of £1,628 per month, assuming reasonable condition and based on the information available.
Park Drive, Deuchar Park, Morpeth, NE61 lies within the NE61 postal district.
Our Data Sources
8, Park Drive, Morpeth has a single entry in the Land Registry from November 2023 and a single entry in the EPC database dated July 2023.
We combine this information with that of neighbouring properties to estimate the property attributes and values.
The local information is scored as 3 out of 5 and is considered of medium accuracy.
Price Range & Condition
In very good condition, we estimate 8, Park Drive, Morpeth would be worth £389,817, with a potential rental value of £1,710 per month.
If substantial cosmetic improvements are needed, the estimated sale value falls to £345,267, with a rental value of £1,514 per month.
The extent to which decoration affects a property's value depends on its type, size and location.
Recent Market Change
The estimated sale value of 8, Park Drive, Morpeth has climbed by £13,143 (3.5%) over the last year. During the same period, its estimated monthly rental value has risen by £82 (5.0%). The property's estimated gross yield is currently 5.3%.
Energy Efficiency
8, Park Drive, Morpeth has an Energy Performance Rating (EPC) of D. This is based on the most recent assessment, dated 12 Jul 2023.
The property is connected to mains gas and has fully double glazed windows. It is heated using Boiler and radiators, mains gas.
Sold Prices
8, Park Drive, Morpeth last changed hands on 16th November 2023, selling for £325,000. The transaction was logged as a freehold house by HM Land Registry.
That is its only recorded sale since 1995.
The market for similar properties has dropped by 24.1% since November 2023.
- Sold Nov 2023£325,000
Similar Properties Sold Nearby
Land Registry records and our Estate Agent network show 3 sales of comparable properties within 660 metres of 8, Park Drive, Morpeth across the last 2 years.
Most recently, 47, Low Stobhill, Morpeth, NE61 2SG, a freehold house, sold at £390,000 on the 9th September 2025.
Read more about house prices in NE61.
•Nearby is defined as the radius comprising the nearest 2,000 addresses.
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Location Comparison
Our analysis of the public data ranks 8, Park Drive, Morpeth as the 22nd largest and the 21st most expensive of the 26 addresses on Park Drive, Deuchar Park, Morpeth, NE61.
Against the NE61 postcode district average, it is £90k more expensive than the typical property.
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Schools Nearby
- 600mMorpeth First School
- 900mSt Roberts Catholic First School, Morpeth
- 900mAbbeyfields First School
- 1.6kmThe King Edward VI School
- 6.1kmSt Benet Biscop Catholic Academy
- 7.2kmAshington Academy
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Public Transport Nearby
Morpeth station is the nearest stop to 8, Park Drive, Morpeth at 400 metres away.
- 400mMorpeth
- 3.4kmPegswood
- 7.7kmAshington
Available Internet Speeds
Ofcom's latest figures show superfast broadband available in this area.
According to recent data from Ofcom, Superfast broadband is available in the area.
Risk of Flooding
Environment Agency data suggests this area has a very low risk of flooding.
