2, Burn Close
2, Burn Close
Description & Estimates
2, Burn Close, Morpeth is recorded publicly as a modern freehold house across 2,168 ft2 of internal area, sitting on a 3,110 m2 plot.
Locally, houses of this size normally have 5 bedrooms with a garden.
Our estimate of the sale value of 2, Burn Close, Morpeth is £512,740 and its rental estimate is £1,941 per month, given the available information and assuming reasonable condition.
Burn Close, Felton, Morpeth, NE65 falls within the NE65 postal district.
Our Data Sources
2, Burn Close, Morpeth has 31 entries in the Land Registry , most recently in July 2014 and a single entry in the EPC database dated November 2009.
We combine this information with that 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
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 2, Burn Close, Morpeth, we estimate a market value of £538,377 and a rental value of £2,038 per month when presented in very good decorative order. Should the property require extensive cosmetic improvement, those figures would reduce to £476,848 and £1,805 per month respectively.
Recent Market Change
Over the last year, 2, Burn Close, Morpeth has seen its estimated sale value decline by £316 (0.1%) and its estimated rental value climb by £28 per month (1.4%). This results in an estimated gross rental yield of 4.5%.
Plot Size
HM Land Registry records the plot of land for 2, Burn Close, Morpeth as measuring 3,110 m2.
Energy Efficiency
2, Burn Close, Morpeth has an Energy Performance Rating (EPC) of E. This is based on the most recent assessment, dated 07 Nov 2009.
The property is not connected to mains gas and has full triple glazing. It is heated using Electric storage heaters.
Sold Prices
The most recent sale of 2, Burn Close, Morpeth completed on 31st July 2014 at £345,000 and was recorded by HM Land Registry as a freehold house.
Since 1995 the property has sold 3 times.
Values of comparable properties have risen by 44.4% over the period since July 2014.
- Sold Jul 2014£345,000
- Sold Sep 2012£327,000
- Sold Jul 2000£180,000
Similar Properties Sold Nearby
Over the past 2 years 3 properties similar to 2, Burn Close, Morpeth have sold within a radius of 5.4 kilometres, per the Land Registry and our network of Estate Agents.
The latest, on the 17th February 2024, was 4, Low Close, Morpeth, NE65 9FF, a freehold house which sold for £485,000.
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
Of the 2 addresses on Burn Close, Felton, Morpeth, NE65, 2, Burn Close, Morpeth comes out as the largest and the most expensive in our analysis of the public data.
It is also £219k more expensive than the average property across the NE65 district.
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Schools Nearby
- 600mFelton Church of England Primary School
- 4.1kmSwarland Primary School
- 6.4kmBroomhill Primary School
- 8.4kmJames Calvert Spence College
- 11.4kmThe Duchess's Community High School
- 13.6kmThe King Edward VI School
More reading links
Public Transport Nearby
From 2, Burn Close, Morpeth, the nearest station is Acklington, 4.2 kilometres away.
- 4.2kmAcklington
- 8.7kmWiddrington
- 11.8kmAlnmouth
Risk of Flooding
The flood risk here is rated very low, based on Environment Agency data.
