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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, Cooper Way, Morpeth is a modern freehold house with 957 ft2 of internal area and sits on a 204 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, Cooper Way, Morpeth is £319,743 and the estimated rental value is £1,508 per month.
Cooper Way, Morpeth, NE61 is located within the NE61 postal district.
2, Cooper Way, Morpeth has 2 entries in the Land Registry , most recently in July 2019 and a single entry in the EPC database dated March 2017.
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, Cooper Way, Morpeth is in very good condition we estimate a sale value of £335,730 and a rental value of £1,584 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £297,361 and a rental value of £1,403 per month.
Over the last 12 months the sale value of 2 Cooper Way Morpeth has increased by an estimated £12,512 (3.9%) and its rental value has increased by an estimated £74 per month (4.9%), giving an expected gross yield of 5.7%.
According to data from HM Land Registry, 2, Cooper Way, Morpeth sits on a plot of 204m2.
We have plot size data on 9 out of 9 other houses in the postcode and 2, Cooper Way, Morpeth sits on the 9th largest plot.
2, Cooper Way, Morpeth has an Energy Performance Rating (EPC) of B. This is based on the most recent assessment, dated 23 Mar 2017.
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, Cooper Way, Morpeth was last sold on 12th July 2019 for £226,250 and was recorded as a freehold house.
The property has had 2 sales since 1995.
Since July 2019, the market for similar properties has risen 12.0%
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to 2, Cooper Way, Morpeth within a radius of 770 metres over the last 2 years.
The most recent example is 1, Dyers Way, Morpeth, NE61 2ZQ, a freehold house which sold for £275,000 on the 30th June 2023.
Read more about house prices in NE61.
•Nearby is defined as the radius comprising the nearest 2,000 addresses.
Cooper Way, Morpeth, NE61 has a total of 9 addresses. According to our analysis of all the public data, 2, Cooper Way, Morpeth is the 7th largest and the 7th most expensive property on the street.
When compared to the postcode district it is £41k more expensive than the average property in NE61.
The closest station to 2, Cooper Way, Morpeth is Morpeth station which is 900 metres 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, Cooper Way, Morpeth, % of property is and % is .
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, Cooper Way, Morpeth, 0.0% of residents are recorded as possessing school level qualifications and 0.0% as possessing degree level qualifications.
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, Cooper Way, Morpeth, 0.0% 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, Cooper Way, Morpeth, there are an average of 0.0 cars per household.
See below for how this compares to North East and the rest of England & Wales.
