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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, Elm House, Morpeth is a freehold house.
By comparing it to neighbours, we estimate that it is a modern house with 1,884 ft2 of internal area and sits on a 636 m2 plot 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 Elm House, Morpeth is £363,358 and the estimated rental value is £1,689 per month.
Scots Gap, Morpeth, NE61 is located within the NE61 postal district.
Elm House, Morpeth has a single entry in the Land Registry from November 2020 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.
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 Elm House, Morpeth is in very good condition we estimate a sale value of £381,526 and a rental value of £1,774 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £337,923 and a rental value of £1,571 per month.
Over the last 12 months the sale value of Elm House Morpeth has increased by an estimated £5,133 (1.4%) and its rental value has increased by an estimated £53 per month (3.1%), giving an expected gross yield of 5.6%.
According to data from HM Land Registry, Elm House, Morpeth sits on a plot of 636m2.
We have plot size data on 8 out of 10 other houses in the postcode and Elm House, Morpeth sits on the 5th largest plot.
According to HM Land Registry, Elm House, Morpeth was last sold on 16th November 2020 for £415,000 and was recorded as a freehold house.
The property has only had this single sale since 1995.
Since November 2020, the market for similar properties has dropped 8.6%
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to Elm House, Morpeth within a radius of 13.5 kilometres over the last 2 years.
The most recent example is 4, Gilbert Grove, Newcastle Upon Tyne, NE19 2AR, a freehold house which sold for £440,000 on the 14th December 2022.
Read more about house prices in NE61.
•Nearby is defined as the radius comprising the nearest 2,000 addresses.
Scots Gap, Morpeth, NE61 has a total of 24 addresses. According to our analysis of all the public data, Elm House, Morpeth is the 5th largest and the 6th most expensive property on the street.
When compared to the postcode district it is £85k more expensive than the average property in NE61.
The closest station to Elm House, Morpeth is Morpeth station which is 16.4 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 Elm House, Morpeth, 29.4% of property is privately owned outright and 28.8% is socially rented.
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 Elm House, Morpeth, 13.5% of residents are recorded as possessing school level qualifications and 34.4% 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 Elm House, 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 Elm House, Morpeth, 0.9% 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 Elm House, Morpeth, there are an average of 1.6 cars per household.
See below for how this compares to North East and the rest of England & Wales.
