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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
The public record describes Pelegarth, Morpeth as a mid-century house with 2,023 ft2 of internal area, sitting on a 1,313 m2 plot.
In this area, houses of this size normally have 5 bedrooms with a garden.
Pelegarth, Morpeth has an estimated sale value of £552,652 and an estimated rental value of £1,838 per month, assuming reasonable condition and based on the information available.
Cresswell, Morpeth, NE61 lies within the NE61 postal district.
Pelegarth, Morpeth has no records in the the Land Registry and a single entry in the EPC database dated August 2020.
We combine this information with public data of neighbouring properties to estimate the property attributes and values.
The local information is scored as 1 out of 5 and is considered of low accuracy.
In very good condition, we estimate Pelegarth, Morpeth would be worth £580,285, with a potential rental value of £1,930 per month.
If substantial cosmetic improvements are needed, the estimated sale value falls to £513,967, with a rental value of £1,709 per month.
The extent to which decoration affects a property's value depends on its type, size and location.
The estimated sale value of Pelegarth, Morpeth has moved up by £1,477 (0.3%) over the last year. During the same period, its estimated monthly rental value has increased by £30 (1.6%). The property's estimated gross yield is currently 4.0%.
Pelegarth, Morpeth occupies a 1,313 m2 plot as recorded by HM Land Registry.
All 5 other houses in this postcode have recorded plot sizes, and this one ranks as the 3rd largest.
Pelegarth, Morpeth has an Energy Performance Rating (EPC) of E. This is based on the most recent assessment, dated 10 Aug 2020.
The property is not connected to mains gas and has fully double glazed windows. It is heated using Boiler and radiators, oil.
Land Registry records and our Estate Agent network show 3 sales of comparable properties within 2.5 kilometres of Pelegarth, Morpeth across the last 2 years.
Most recently, Sprayleas, Morpeth, NE61 5JU, a freehold house, sold at £375,000 on the 18th December 2015.
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 Pelegarth, Morpeth as the 16th largest and the 8th most expensive of the 50 addresses on Cresswell, Morpeth, NE61.
Against the NE61 postcode district average, it is £272k more expensive than the typical property.
Widdrington station is the nearest stop to Pelegarth, Morpeth at 4.8 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.
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The recent census recorded whether a resident owned or rented their home.
In the area around Pelegarth, Morpeth, 57.0% of property is privately owned outright and 21.0% 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 Pelegarth, Morpeth, 7.7% of residents are recorded as possessing school level qualifications and 36.6% 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 Pelegarth, 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 Pelegarth, Morpeth, 2.8% 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 Pelegarth, 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.
