1, Horsley Buildings
1, Horsley Buildings
Description & Estimates
1, Horsley Buildings, Morpeth is described in the public record as a period house with 645 ft2 of internal area, sitting on a 65.2 m2 plot.
Locally, houses of this size normally have 3 bedrooms with a garden.
Our estimate of the sale value of 1, Horsley Buildings, Morpeth is £149,086 and its rental estimate is £1,100 per month, given the available information and assuming reasonable condition.
Horsley Buildings, Morpeth, NE61 falls within the NE61 postal district.
Our Data Sources
1, Horsley Buildings, Morpeth has no records in the the Land Registry and a single entry in the EPC database dated December 2021.
We combine this information with public data of neighbouring properties to estimate the property attributes and values.
The local information is scored as 4 out of 5 and is considered of high accuracy.
Price Range & Condition
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 1, Horsley Buildings, Morpeth, we estimate a market value of £156,540 and a rental value of £1,155 per month when presented in very good decorative order. Should the property require extensive cosmetic improvement, those figures would reduce to £138,650 and £1,023 per month respectively.
Recent Market Change
Over the last year, 1, Horsley Buildings, Morpeth has seen its estimated sale value climb by £5,278 (3.5%) and its estimated rental value rise by £55 per month (5.0%). This results in an estimated gross rental yield of 8.9%.
Plot Size
HM Land Registry records the plot of land for 1, Horsley Buildings, Morpeth as measuring 65 m2.
That makes it the 3rd largest plot in the postcode, where 3 of the 6 other houses have recorded plot data.
Energy Efficiency
1, Horsley Buildings, Morpeth has an Energy Performance Rating (EPC) of D. This is based on the most recent assessment, dated 17 Dec 2021.
The property is connected to mains gas and has fully double glazed windows. It is heated using Boiler and radiators, mains gas.
Similar Properties Sold Nearby
Over the past 2 years 3 properties similar to 1, Horsley Buildings, Morpeth have sold within a radius of 660 metres, per the Land Registry and our network of Estate Agents.
The latest, on the 28th June 2024, was 4, St. Georges Square, Morpeth, NE61 1SL, a freehold house which sold for £120,000.
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
Of the 6 addresses on Horsley Buildings, Morpeth, NE61, 1, Horsley Buildings, Morpeth comes out as the 5th largest and the 5th most expensive in our analysis of the public data.
It is also £132k less expensive than the average property across the NE61 district.
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Schools Nearby
- 400mSt Roberts Catholic First School, Morpeth
- 900mAbbeyfields First School
- 1.2kmMorpeth Stobhillgate First School
- 1.0kmThe King Edward VI School
- 6.4kmSt Benet Biscop Catholic Academy
- 6.9kmAshington Academy
More reading links
Public Transport Nearby
From 1, Horsley Buildings, Morpeth, the nearest station is Morpeth, 600 metres away.
- 600mMorpeth
- 2.9kmPegswood
- 7.4kmAshington
Risk of Flooding
The flood risk here is rated low, based on Environment Agency data.
