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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, 2 Blue Mill Cottages, Morpeth is a period house with 1,162 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 2 Blue Mill Cottages, Morpeth is £248,378 and the estimated rental value is £1,271 per month.
Thropton, Morpeth, NE65 is located within the NE65 postal district.
2 Blue Mill Cottages, Morpeth has no records in the the Land Registry and a single entry in the EPC database dated October 2022.
We combine this information with public data of neighbouring properties to estimate the property attributes and values.
The local information is scored as 2 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 2 Blue Mill Cottages, Morpeth is in very good condition we estimate a sale value of £260,797 and a rental value of £1,334 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £230,992 and a rental value of £1,182 per month.
Over the last 12 months the sale value of 2 Blue Mill Cottages Morpeth has increased by an estimated £5,022 (2.0%) and its rental value has increased by an estimated £41 per month (3.2%), giving an expected gross yield of 6.1%.
2 Blue Mill Cottages, Morpeth has an Energy Performance Rating (EPC) of E. This is based on the most recent assessment, dated 17 Oct 2022.
The property is not connected to mains gas and has partial double glazing. 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 2 Blue Mill Cottages, Morpeth within a radius of 7.3 kilometres over the last 2 years.
The most recent example is 1, Hawthorn Terrace, Morpeth, NE65 7TX, a freehold house which sold for £240,000 on the 4th December 2023.
Read more about house prices in NE65.
•Nearby is defined as the radius comprising the nearest 2,000 addresses.
Thropton, Morpeth, NE65 has a total of 207 addresses. According to our analysis of all the public data, 2 Blue Mill Cottages, Morpeth is the 111th largest and the 135th most expensive property on the street.
When compared to the postcode district it is £46k less expensive than the average property in NE65.
The closest station to 2 Blue Mill Cottages, Morpeth is Acklington station which is 18.3 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 2 Blue Mill Cottages, Morpeth, 38.9% of property is privately rented and 37.1% is privately owned outright.
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 2 Blue Mill Cottages, Morpeth, 9.5% of residents are recorded as possessing school level qualifications and 44.1% 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 2 Blue Mill Cottages, 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 2 Blue Mill Cottages, Morpeth, 0.6% 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 2 Blue Mill Cottages, 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.
