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According to the public record, 2, Burt Terrace, Morpeth is a period freehold house with 742 ft2 of internal area and sits on a 99.6 m2 plot.
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, Burt Terrace, Morpeth is £155,925 and the estimated rental value is £1,110 per month.
Burt Terrace, Morpeth, NE61 is located within the NE61 postal district.
2, Burt Terrace, Morpeth has 31 entries in the Land Registry , most recently in April 2021 and a single entry in the EPC database dated August 2020.
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.
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, Burt Terrace, Morpeth is in very good condition we estimate a sale value of £163,721 and a rental value of £1,166 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £145,010 and a rental value of £1,033 per month.
Over the last 12 months the sale value of 2 Burt Terrace Morpeth has increased by an estimated £6,102 (3.9%) and its rental value has increased by an estimated £55 per month (4.9%), giving an expected gross yield of 8.5%.
According to data from HM Land Registry, 2, Burt Terrace, Morpeth sits on a plot of 100m2.
We have plot size data on 3 out of 8 other houses in the postcode and 2, Burt Terrace, Morpeth sits on the largest plot.
2, Burt Terrace, Morpeth has an Energy Performance Rating (EPC) of D. This is based on the most recent assessment, dated 28 Aug 2020.
The property is connected to mains gas and has fully double glazed windows. It is heated using Boiler and radiators, mains gas.
According to HM Land Registry, 2, Burt Terrace, Morpeth was last sold on 23rd April 2021 for £119,700 and was recorded as a freehold house.
The property has had 3 sales since 1995.
Since April 2021, the market for similar properties has risen 21.1%
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to 2, Burt Terrace, Morpeth within a radius of 690 metres over the last 2 years.
The most recent example is 26, Alexandra Road, Morpeth, NE61 1UJ, a freehold house which sold for £135,000 on the 30th October 2024.
Read more about house prices in NE61.
•Nearby is defined as the radius comprising the nearest 2,000 addresses.
Burt Terrace, Morpeth, NE61 has a total of 8 addresses. According to our analysis of all the public data, 2, Burt Terrace, Morpeth is the 6th largest and the 7th most expensive property on the street.
When compared to the postcode district it is £123k less expensive than the average property in NE61.
The closest station to 2, Burt Terrace, Morpeth is Morpeth station which is 400 metres away.
According to recent data from Ofcom, superfast broadband is available in this area.
According to recent data from Ofcom, Superfast broadband is available in the area.
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, Burt Terrace, Morpeth, 51.6% of property is privately owned outright and 25.8% 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 2, Burt Terrace, Morpeth, 7.1% of residents are recorded as possessing school level qualifications and 38.8% 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, Burt Terrace, Morpeth, the average age was 48.3 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, Burt Terrace, Morpeth, 2.0% 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 2, Burt Terrace, Morpeth, there are an average of 0.8 cars per household.
See below for how this compares to North East and the rest of England & Wales.
