2, Collingwood Terrace
2, Collingwood Terrace
Description & Estimates
2, Collingwood Terrace, Morpeth is recorded publicly as a period freehold house across 627 ft2 of internal area, sitting on a 56.4 m2 plot.
Locally, houses of this size normally have 3 bedrooms with a garden.
Our estimate of the sale value of 2, Collingwood Terrace, Morpeth is £174,379 and its rental estimate is £1,206 per month, given the available information and assuming reasonable condition.
Collingwood Terrace, Morpeth, NE61 falls within the NE61 postal district.
Our Data Sources
2, Collingwood Terrace, Morpeth has 2 entries in the Land Registry , most recently in June 2020 and a single entry in the EPC database dated April 2010.
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, Collingwood Terrace, Morpeth, we estimate a market value of £183,098 and a rental value of £1,266 per month when presented in very good decorative order. Should the property require extensive cosmetic improvement, those figures would reduce to £162,173 and £1,121 per month respectively.
Recent Market Change
Over the last year, 2, Collingwood Terrace, Morpeth has seen its estimated sale value increase by £6,173 (3.5%) and its estimated rental value grow by £60 per month (5.0%). This results in an estimated gross rental yield of 8.3%.
Plot Size
HM Land Registry records the plot of land for 2, Collingwood Terrace, Morpeth as measuring 56 m2.
That makes it the 3rd largest plot in the postcode, where all 3 other houses have recorded plot data.
Energy Efficiency
2, Collingwood Terrace, Morpeth has an Energy Performance Rating (EPC) of E. This is based on the most recent assessment, dated 27 Apr 2010.
The property is connected to mains gas and has single glazed windows. It is heated using Boiler and radiators, mains gas.
Sold Prices
The most recent sale of 2, Collingwood Terrace, Morpeth completed on 17th June 2020 at £127,750 and was recorded by HM Land Registry as a freehold house.
Since 1995 the property has sold twice.
Values of comparable properties have risen by 27.0% over the period since June 2020.
- Sold Jun 2020£127,750
- Sold Dec 2010£118,000
Similar Properties Sold Nearby
Over the past 2 years 3 properties similar to 2, Collingwood Terrace, Morpeth have sold within a radius of 610 metres, per the Land Registry and our network of Estate Agents.
The latest, on the 2nd August 2024, was 11, Pretoria Avenue, Morpeth, NE61 1QE, a freehold house which sold for £113,000.
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 3 addresses on Collingwood Terrace, Morpeth, NE61, 2, Collingwood Terrace, Morpeth comes out as the largest and the most expensive in our analysis of the public data.
It is also £106k less expensive than the average property across the NE61 district.
More reading links
Schools Nearby
- 0mSt Roberts Catholic First School, Morpeth
- 500mAbbeyfields First School
- 1.1kmMorpeth All Saints Church of England First School
- 800mThe King Edward VI School
- 6.8kmSt Benet Biscop Catholic Academy
- 7.3kmAshington Academy
More reading links
Public Transport Nearby
From 2, Collingwood Terrace, Morpeth, the nearest station is Morpeth, 900 metres away.
- 900mMorpeth
- 3.3kmPegswood
- 7.8kmAshington
Risk of Flooding
The flood risk here is rated low, based on Environment Agency data.
