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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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According to the public record, Springfield, Morpeth is a mid-century house with 979 ft2 of internal area.
Houses of this size in this area normally have 3 bedrooms with a garden.
Based on available information, and assuming reasonable condition, the estimated sale value for Springfield, Morpeth is £199,981 and the estimated rental value is £1,268 per month.
Netherton, Morpeth, NE65 is located within the NE65 postal district.
Springfield, Morpeth has no records in the the Land Registry and a single entry in the EPC database dated April 2016.
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.
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 Springfield, Morpeth is in very good condition we estimate a sale value of £209,980 and a rental value of £1,331 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £185,982 and a rental value of £1,179 per month.
Over the last 12 months the sale value of Springfield Morpeth has increased by an estimated £4,083 (2.0%) and its rental value has increased by an estimated £47 per month (3.7%), giving an expected gross yield of 7.6%.
Springfield, Morpeth has an Energy Performance Rating (EPC) of E. This is based on the most recent assessment, dated 06 Apr 2016.
The property is not connected to mains gas and has fully double glazed windows. It is heated using Boiler and radiators, oil.
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to Springfield, Morpeth within a radius of 9.3 kilometres over the last 2 years.
The most recent example is Sundial Cottage, Morpeth, NE65 7HB, a freehold house which sold for £147,000 on the 27th July 2020.
Read more about house prices in NE65.
•Nearby is defined as the radius comprising the nearest 2,000 addresses.
Netherton, Morpeth, NE65 has a total of 67 addresses. According to our analysis of all the public data, Springfield, Morpeth is the 34th largest and the 57th most expensive property on the street.
When compared to the postcode district it is £92k less expensive than the average property in NE65.
The closest station to Springfield, Morpeth is Acklington station which is 24.1 kilometres away.
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 Springfield, Morpeth, 36.3% of property is privately owned outright and 25.3% is privately 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 Springfield, Morpeth, 10.2% of residents are recorded as possessing school level qualifications and 33.7% 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 Springfield, Morpeth, the average age was 50.7 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 Springfield, 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 Springfield, 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.
