1 North Side Cottages, Morpeth
1 North Side Cottages, Morpeth
Description & Estimates
The public record describes 1 North Side Cottages, Morpeth as a period house with 861 ft2 of internal area.
In this area, houses of this size normally have 3 bedrooms with a garden.
1 North Side Cottages, Morpeth has an estimated sale value of £242,579 and an estimated rental value of £1,284 per month, assuming reasonable condition and based on the information available.
Netherton, Morpeth, NE65 lies within the NE65 postal district.
Our Data Sources
1 North Side Cottages, 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.
Price Range & Condition
In very good condition, we estimate 1 North Side Cottages, Morpeth would be worth £254,708, with a potential rental value of £1,348 per month.
If substantial cosmetic improvements are needed, the estimated sale value falls to £225,599, with a rental value of £1,194 per month.
The extent to which decoration affects a property's value depends on its type, size and location.
Recent Market Change
The estimated sale value of 1 North Side Cottages, Morpeth has grown by £4,905 (2.0%) over the last year. During the same period, its estimated monthly rental value has climbed by £42 (3.2%). The property's estimated gross yield is currently 6.4%.
Energy Efficiency
1 North Side Cottages, Morpeth has an Energy Performance Rating (EPC) of E. This is based on the most recent assessment, dated 06 Aug 2020.
The property is not connected to mains gas and has fully double glazed windows. It is heated using Boiler and radiators, oil.
Similar Properties Sold Nearby
Land Registry records and our Estate Agent network show 3 sales of comparable properties within 9.2 kilometres of 1 North Side Cottages, Morpeth across the last 2 years.
Most recently, 2 South Side Cottages, Morpeth, NE65 7EZ, a freehold house, sold at £190,000 on the 12th November 2020.
Read more about house prices in NE65.
•Nearby is defined as the radius comprising the nearest 2,000 addresses.
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Location Comparison
Our analysis of the public data ranks 1 North Side Cottages, Morpeth as the 51st largest and the 38th most expensive of the 67 addresses on Netherton, Morpeth, NE65.
Against the NE65 postcode district average, it is £52k less expensive than the typical property.
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Schools Nearby
- 6.5kmHarbottle Church of England First School
- 6.9kmThropton Village First School
- 8.4kmWhittingham Church of England Primary School
- 20.4kmThe Duchess's Community High School
- 26.9kmJames Calvert Spence College
- 29.4kmThe King Edward VI School
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Public Transport Nearby
Acklington station is the nearest stop to 1 North Side Cottages, Morpeth at 23.8 kilometres away.
- 23.8kmAcklington
- 24.1kmAlnmouth
- 27.2kmChathill
Risk of Flooding
Environment Agency data suggests this area has a very low risk of flooding.
