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Company No. 11113204
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According to the public record, 2, Hepscott Fields, Morpeth is a modern freehold house with 2,594 ft2 of internal area.
Houses of this size in this area normally have 5 bedrooms with a garden.
Based on available information, and assuming reasonable condition, the estimated sale value for 2, Hepscott Fields, Morpeth is £708,807 and the estimated rental value is £2,323 per month.
Hepscott Fields, Hepscott, Morpeth, NE61 is located within the NE61 postal district.
2, Hepscott Fields, Morpeth has a single entry in the Land Registry from March 2023 and a single entry in the EPC database dated October 2022.
We combine this information with that 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.
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, Hepscott Fields, Morpeth is in very good condition we estimate a sale value of £744,247 and a rental value of £2,440 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £659,190 and a rental value of £2,161 per month.
Over the last 12 months the sale value of 2 Hepscott Fields Morpeth has increased by an estimated £3,047 (0.4%) and its rental value has increased by an estimated £30 per month (1.3%), giving an expected gross yield of 3.9%.
2, Hepscott Fields, Morpeth has an Energy Performance Rating (EPC) of B. This is based on the most recent assessment, dated 05 Oct 2022.
The property is not connected to mains gas and has high performance glazing. It is heated using Boiler and underfloor heating, mains gas.
According to HM Land Registry, 2, Hepscott Fields, Morpeth was last sold on 13th March 2023 for £675,000 and was recorded as a freehold house.
The property has only had this single sale since 1995.
Since March 2023, the market for similar properties has dropped 17.9%
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to 2, Hepscott Fields, Morpeth within a radius of 2.3 kilometres over the last 2 years.
The most recent example is 15, Thornlea, Morpeth, NE61 6NY, a freehold house which sold for £620,000 on the 29th April 2024.
Read more about house prices in NE61.
•Nearby is defined as the radius comprising the nearest 2,000 addresses.
Hepscott Fields, Hepscott, Morpeth, NE61 has a total of 3 addresses. According to our analysis of all the public data, 2, Hepscott Fields, Morpeth is the 2nd largest and the 2nd most expensive property on the street.
When compared to the postcode district it is £430k more expensive than the average property in NE61.
The closest station to 2, Hepscott Fields, Morpeth is Morpeth station which is 2.8 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, Hepscott Fields, 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, Hepscott Fields, 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, Hepscott Fields, 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, Hepscott Fields, 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.
