9, Southgate Wood
9, Southgate Wood
Description & Estimates
According to the public record, 9, Southgate Wood, Morpeth is a freehold house that sits on a 937 m2 plot.
By comparing it to neighbours, we estimate that it is a modern house with 1,808 ft2 of internal area and a garden.
Houses of this size in this area normally have 4 bedrooms.
Based on available information, and assuming reasonable condition, the estimated sale value for 9, Southgate Wood, Morpeth is £728,519 and the estimated rental value is £2,359 per month.
Southgate Wood, Morpeth, NE61 is located within the NE61 postal district.
Our Data Sources
9, Southgate Wood, Morpeth has a single entry in the Land Registry from August 2021 and no records in the EPC database.
We combine this sold price information with public data of neighbouring properties to estimate the attributes and values.
The local information is scored as 3 out of 5 and is considered of medium accuracy.
Price Range & Condition
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 9, Southgate Wood, Morpeth is in very good condition we estimate a sale value of £764,945 and a rental value of £2,477 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £677,523 and a rental value of £2,193 per month.
Recent Market Change
Over the past 12 months, the estimated sale value of 9, Southgate Wood, Morpeth has grown by £7,990 (1.1%), while its estimated rental value has climbed by £57 per month (2.4%). Based on current estimates, the property offers a gross rental yield of 3.9%.
Plot Size
According to data from HM Land Registry, 9, Southgate Wood, Morpeth sits on a plot of 937 m2.
We have plot size data on 20 out of 20 other houses in the postcode and 9, Southgate Wood, Morpeth sits on the 11th largest plot.
Sold Prices
According to HM Land Registry, 9, Southgate Wood, Morpeth was last sold on 27th August 2021 for £700,000 and was recorded as a freehold house.
The property has only had this single sale since 1995.
Since August 2021, the market for similar properties has risen by 4.4%.
- Sold Aug 2021£700,000
Similar Properties Sold Nearby
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to 9, Southgate Wood, Morpeth within a radius of 1.1 kilometres over the last 2 years.
The most recent example is 15, Southgate Wood, Morpeth, NE61 2EN, a freehold house which sold for £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.
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Location Comparison
Southgate Wood, Morpeth, NE61 has a total of 21 addresses. According to our analysis of all the public data, 9, Southgate Wood, Morpeth is the 15th largest and the 14th most expensive property on the street.
When compared to the postcode district it is £448k more expensive than the average property in NE61.
More reading links
Schools Nearby
- 400mMorpeth First School
- 1.2kmMorpeth Stobhillgate First School
- 1.8kmAbbeyfields First School
- 2.7kmThe King Edward VI School
- 5.5kmSt Benet Biscop Catholic Academy
- 7.4kmAshington Academy
More reading links
Public Transport Nearby
The closest station to 9, Southgate Wood, Morpeth is Morpeth station, which is 1.3 kilometres away.
- 1.3kmMorpeth
- 3.9kmPegswood
- 7.5kmBedlington
Available Internet Speeds
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.
Risk of Flooding
According to data from the Environment Agency, the flood risk in this area is considered to be very low.
