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Bricks&Logic is a trading name of Urban Markets Ltd
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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Public records show 8, Southgate Wood, Morpeth to be a modern freehold house with 2,292 ft2 of internal area, sitting on a 903 m2 plot.
In this area, houses of this size normally have 5 bedrooms with a garden.
8, Southgate Wood, Morpeth has an estimated sale value of £843,303 and an estimated rental value of £2,804 per month, assuming reasonable condition and based on the information available.
Southgate Wood, Morpeth, NE61 lies within the NE61 postal district.
8, Southgate Wood, Morpeth has 2 entries in the Land Registry , most recently in August 2023 and a single entry in the EPC database dated March 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.
In very good condition, we estimate 8, Southgate Wood, Morpeth would be worth £885,469, with a potential rental value of £2,944 per month.
If substantial cosmetic improvements are needed, the estimated sale value falls to £784,272, with a rental value of £2,608 per month.
The extent to which decoration affects a property's value depends on its type, size and location.
The estimated sale value of 8, Southgate Wood, Morpeth has increased by £2,253 (0.3%) over the last year. During the same period, its estimated monthly rental value has grown by £46 (1.6%). The property's estimated gross yield is currently 4.0%.
8, Southgate Wood, Morpeth occupies a 903 m2 plot as recorded by HM Land Registry.
All 20 other houses in this postcode have recorded plot sizes, and this one ranks as the 13th largest.
8, Southgate Wood, Morpeth has an Energy Performance Rating (EPC) of C. This is based on the most recent assessment, dated 21 Mar 2023.
The property is connected to mains gas and has high performance glazing. It is heated using Boiler and radiators, mains gas.
8, Southgate Wood, Morpeth last changed hands on 4th August 2023, selling for £840,000. The transaction was logged as a freehold house by HM Land Registry.
In total it has sold twice since 1995.
The market for similar properties has risen by 1.6% since August 2023.
Land Registry records and our Estate Agent network show 3 sales of comparable properties within 1.1 kilometres of 8, Southgate Wood, Morpeth across the last 2 years.
Most recently, 15, Southgate Wood, Morpeth, NE61 2EN, a freehold house, sold at £775,000 on the 25th April 2023.
Read more about house prices in NE61.
•Nearby is defined as the radius comprising the nearest 2,000 addresses.
Our analysis of the public data ranks 8, Southgate Wood, Morpeth as the largest and the most expensive of the 21 addresses on Southgate Wood, Morpeth, NE61.
Against the NE61 postcode district average, it is £562k more expensive than the typical property.
Morpeth station is the nearest stop to 8, Southgate Wood, Morpeth at 1.3 kilometres away.
Ofcom's latest figures show superfast broadband available in this area.
According to recent data from Ofcom, Superfast broadband is available in the area.
Environment Agency data suggests this area has a very low risk of flooding.
The recent census recorded whether a resident owned or rented their home.
In the area around 8, Southgate Wood, Morpeth, % of property is and % is .
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, Southgate Wood, Morpeth, 0.0% of residents are recorded as possessing school level qualifications and 0.0% as possessing degree level qualifications.
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, Southgate Wood, 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 8, Southgate Wood, Morpeth, there are an average of 0.0 cars per household.
See below for how this compares to North East and the rest of England & Wales.
