2 Catraw Farm Cottages, Morpeth
2 Catraw Farm Cottages, Morpeth
Description & Estimates
2 Catraw Farm Cottages, Morpeth is described in the public record as a period house with 1,173 ft2 of internal area.
Locally, houses of this size normally have 4 bedrooms with a garden.
Our estimate of the sale value of 2 Catraw Farm Cottages, Morpeth is £433,960 and its rental estimate is £1,477 per month, given the available information and assuming reasonable condition.
Stannington, Morpeth, NE61 falls within the NE61 postal district.
Our Data Sources
2 Catraw Farm Cottages, Morpeth has no records in the the Land Registry and a single entry in the EPC database dated June 2017.
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.
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 Catraw Farm Cottages, Morpeth, we estimate a market value of £455,658 and a rental value of £1,551 per month when presented in very good decorative order. Should the property require extensive cosmetic improvement, those figures would reduce to £403,583 and £1,374 per month respectively.
Recent Market Change
Over the last year, 2 Catraw Farm Cottages, Morpeth has seen its estimated sale value move up by £4,759 (1.1%) and its estimated rental value increase by £36 per month (2.4%). This results in an estimated gross rental yield of 4.1%.
Energy Efficiency
2 Catraw Farm Cottages, Morpeth has an Energy Performance Rating (EPC) of E. This is based on the most recent assessment, dated 21 Jun 2017.
The property is not connected to mains gas and has fully double glazed windows. It is heated using Boiler and radiators, LPG.
Similar Properties Sold Nearby
Over the past 2 years 3 properties similar to 2 Catraw Farm Cottages, Morpeth have sold within a radius of 4.8 kilometres, per the Land Registry and our network of Estate Agents.
The latest, on the 24th July 2019, was 22, The Glebe, Morpeth, NE61 6HW, a freehold house which sold for £265,000.
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 110 addresses on Stannington, Morpeth, NE61, 2 Catraw Farm Cottages, Morpeth comes out as the 84th largest and the 43rd most expensive in our analysis of the public data.
It is also £153k more expensive than the average property across the NE61 district.
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Schools Nearby
- 900mStannington First School
- 5.1kmMorpeth First School
- 5.7kmMorpeth Stobhillgate First School
- 5.9kmSt Benet Biscop Catholic Academy
- 7.0kmCramlington Learning Village
- 7.1kmNorth Gosforth Academy
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Public Transport Nearby
From 2 Catraw Farm Cottages, Morpeth, the nearest station is Morpeth, 6.0 kilometres away.
- 6.0kmMorpeth
- 6.1kmCramlington
- 8.1kmPegswood
Risk of Flooding
The flood risk here is rated very low, based on Environment Agency data.
