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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
9, Park Road, Morpeth is described in the public record as a period house with 1,119 ft2 of internal area, sitting on a 200 m2 plot.
Locally, houses of this size normally have 3 bedrooms with a garden.
Our estimate of the sale value of 9, Park Road, Morpeth is £78,696 and its rental estimate is £500 per month, given the available information and assuming reasonable condition.
Park Road, Lynemouth, Morpeth, NE61 falls within the NE61 postal district.
9, Park Road, Morpeth has no records in the the Land Registry and a single entry in the EPC database dated June 2015.
We combine this information with public data 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.
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 9, Park Road, Morpeth, we estimate a market value of £82,631 and a rental value of £525 per month when presented in very good decorative order. Should the property require extensive cosmetic improvement, those figures would reduce to £73,187 and £465 per month respectively.
Over the last year, 9, Park Road, Morpeth has seen its estimated sale value increase by £2,786 (3.5%) and its estimated rental value grow by £25 per month (5.0%). This results in an estimated gross rental yield of 7.6%.
HM Land Registry records the plot of land for 9, Park Road, Morpeth as measuring 200 m2.
That makes it the 7th largest plot in the postcode, where 23 of the 30 other houses have recorded plot data.
9, Park Road, Morpeth has an Energy Performance Rating (EPC) of D. This is based on the most recent assessment, dated 04 Jun 2015.
The property is connected to mains gas and has fully double glazed windows. It is heated using Boiler and radiators, mains gas.
Over the past 2 years 3 properties similar to 9, Park Road, Morpeth have sold within a radius of 1.8 kilometres, per the Land Registry and our network of Estate Agents.
The latest, on the 18th December 2024, was 15, Henley Square, Morpeth, NE61 5XU, a freehold house which sold for £45,000.
Read more about house prices in NE61.
•Nearby is defined as the radius comprising the nearest 2,000 addresses.
Of the 113 addresses on Park Road, Lynemouth, Morpeth, NE61, 9, Park Road, Morpeth comes out as the 4th largest and the 88th most expensive in our analysis of the public data.
It is also £202k less expensive than the average property across the NE61 district.
From 9, Park Road, Morpeth, the nearest station is Ashington, 3.7 kilometres away.
Broadband here reaches superfast speeds, based on recent Ofcom data.
According to recent data from Ofcom, Superfast broadband is available in the area.
The flood risk here is rated very low, based on Environment Agency data.
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The recent census recorded whether a resident owned or rented their home.
In the area around 9, Park Road, Morpeth, 40.2% of property is privately owned outright and 26.3% is privately owned with a mortgage.
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 9, Park Road, Morpeth, 15.1% of residents are recorded as possessing school level qualifications and 18.9% 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 9, Park Road, Morpeth, the average age was 45 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 9, Park Road, 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 9, Park Road, Morpeth, there are an average of 1.0 cars per household.
See below for how this compares to North East and the rest of England & Wales.
