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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, Charleton Way, Morpeth is a modern freehold house with 1,819 ft2 of internal area and sits on a 448 m2 plot.
Houses of this size in this area normally have 4 bedrooms with a garden.
Based on available information, and assuming reasonable condition, the estimated sale value for 2, Charleton Way, Morpeth is £497,895 and the estimated rental value is £1,847 per month.
Charleton Way, Rothbury, Morpeth, NE65 is located within the NE65 postal district.
2, Charleton Way, Morpeth has a single entry in the Land Registry from March 2018 and a single entry in the EPC database dated February 2018.
We combine this information with that of neighbouring properties to estimate the property attributes and values.
The local information is scored as 3 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, Charleton Way, Morpeth is in very good condition we estimate a sale value of £522,790 and a rental value of £1,940 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £463,042 and a rental value of £1,718 per month.
Over the last 12 months the sale value of 2 Charleton Way Morpeth has increased by an estimated £6,006 (1.2%) and its rental value has increased by an estimated £52 per month (2.8%), giving an expected gross yield of 4.5%.
According to data from HM Land Registry, 2, Charleton Way, Morpeth sits on a plot of 448m2.
We have plot size data on 29 out of 29 other houses in the postcode and 2, Charleton Way, Morpeth sits on the 11th largest plot.
2, Charleton Way, Morpeth has an Energy Performance Rating (EPC) of B. This is based on the most recent assessment, dated 07 Feb 2018.
The property is not connected to mains gas and has high performance glazing. It is heated using Boiler and radiators, mains gas.
According to HM Land Registry, 2, Charleton Way, Morpeth was last sold on 2nd March 2018 for £389,950 and was recorded as a freehold house.
The property has only had this single sale since 1995.
Since March 2018, the market for similar properties has risen 14.2%
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to 2, Charleton Way, Morpeth within a radius of 6.1 kilometres over the last 2 years.
The most recent example is 23, Charleton Way, Morpeth, NE65 7EE, a freehold house which sold for £495,000 on the 17th November 2022.
Read more about house prices in NE65.
•Nearby is defined as the radius comprising the nearest 2,000 addresses.
Charleton Way, Rothbury, Morpeth, NE65 has a total of 29 addresses. According to our analysis of all the public data, 2, Charleton Way, Morpeth is the 4th largest and the 4th most expensive property on the street.
When compared to the postcode district it is £206k more expensive than the average property in NE65.
The closest station to 2, Charleton Way, Morpeth is Acklington station which is 15.5 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, Charleton Way, 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, Charleton Way, 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, Charleton Way, 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, Charleton Way, 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, Charleton Way, 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.
