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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, Hagg Cottages, Morpeth is a period house with 1,022 ft2 of internal area.
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, Hagg Cottages, Morpeth is £154,588 and the estimated rental value is £1,015 per month.
Hagg Cottages, Causey Park, Morpeth, NE61 is located within the NE61 postal district.
2, Hagg Cottages, Morpeth has no records in the the Land Registry and a single entry in the EPC database dated September 2017.
We combine this information with public data of neighbouring properties to estimate the property attributes and values.
The local information is scored as 4 out of 5 and is considered of high 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, Hagg Cottages, Morpeth is in very good condition we estimate a sale value of £162,318 and a rental value of £1,066 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £143,767 and a rental value of £944 per month.
Over the last 12 months the sale value of 2 Hagg Cottages Morpeth has increased by an estimated £5,472 (3.5%) and its rental value has increased by an estimated £51 per month (5.0%), giving an expected gross yield of 7.9%.
2, Hagg Cottages, Morpeth has an Energy Performance Rating (EPC) of D. This is based on the most recent assessment, dated 14 Sep 2017.
The property is not connected to mains gas and has fully double glazed windows. It is heated using Boiler and radiators, oil.
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to 2, Hagg Cottages, Morpeth within a radius of 6.0 kilometres over the last 2 years.
The most recent example is 30, Drummonds Close, Morpeth, NE65 8UR, a freehold house which sold for £150,000 on the 2nd August 2024.
Read more about house prices in NE61.
•Nearby is defined as the radius comprising the nearest 2,000 addresses.
Hagg Cottages, Causey Park, Morpeth, NE61 has a total of 3 addresses. According to our analysis of all the public data, 2, Hagg Cottages, Morpeth is the 2nd largest and the 2nd most expensive property on the street.
When compared to the postcode district it is £126k less expensive than the average property in NE61.
The closest station to 2, Hagg Cottages, Morpeth is Widdrington station which is 6.2 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, Hagg Cottages, Morpeth, 52.3% of property is privately owned outright and 25.7% 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, Hagg Cottages, Morpeth, 16.2% of residents are recorded as possessing school level qualifications and 44.2% 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, Hagg Cottages, Morpeth, the average age was 44.7 and the most common age was 57.
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, Hagg Cottages, Morpeth, 0.8% 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, Hagg Cottages, Morpeth, there are an average of 1.8 cars per household.
See below for how this compares to North East and the rest of England & Wales.
