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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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2 Morwick Farm Cottages, Morpeth is described in the public record as a period house with 742 ft2 of internal area.
Locally, houses of this size normally have 3 bedrooms with a garden.
Our estimate of the sale value of 2 Morwick Farm Cottages, Morpeth is £450,890 and its rental estimate is £1,643 per month, given the available information and assuming reasonable condition.
Acklington, Morpeth, NE65 falls within the NE65 postal district.
2 Morwick Farm Cottages, Morpeth has no records in the the Land Registry and a single entry in the EPC database dated September 2019.
We combine this information with public data 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.
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 Morwick Farm Cottages, Morpeth, we estimate a market value of £473,434 and a rental value of £1,725 per month when presented in very good decorative order. Should the property require extensive cosmetic improvement, those figures would reduce to £419,328 and £1,528 per month respectively.
Over the last year, 2 Morwick Farm Cottages, Morpeth has seen its estimated sale value grow by £9,117 (2.0%) and its estimated rental value climb by £53 per month (3.2%). This results in an estimated gross rental yield of 4.4%.
2 Morwick Farm Cottages, Morpeth has an Energy Performance Rating (EPC) of E. This is based on the most recent assessment, dated 04 Sep 2019.
The property is not connected to mains gas and has mostly double glazing. It is heated using Electric storage heaters.
Over the past 2 years 3 properties similar to 2 Morwick Farm Cottages, Morpeth have sold within a radius of 2.9 kilometres, per the Land Registry and our network of Estate Agents.
The latest, on the 31st January 2017, was 3, Beal Bank, Morpeth, NE65 0SZ, a freehold house which sold for £240,000.
Read more about house prices in NE65.
•Nearby is defined as the radius comprising the nearest 2,000 addresses.
Of the 121 addresses on Acklington, Morpeth, NE65, 2 Morwick Farm Cottages, Morpeth comes out as the 105th largest and the 48th most expensive in our analysis of the public data.
It is also £157k more expensive than the average property across the NE65 district.
From 2 Morwick Farm Cottages, Morpeth, the nearest station is Acklington, 2.7 kilometres away.
Internet coverage here is poor, based on recent Ofcom data, and connectivity may be weak or unavailable.
According to recent data from Ofcom, Slow/none broadband is available in the area.
The flood risk here is rated very low, based on Environment Agency data.
The recent census recorded whether a resident owned or rented their home.
In the area around 2 Morwick Farm Cottages, Morpeth, 42.2% of property is privately owned outright and 26.7% 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 Morwick Farm Cottages, Morpeth, 12.4% of residents are recorded as possessing school level qualifications and 50.6% 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 Morwick Farm Cottages, Morpeth, the average age was 48 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 Morwick Farm Cottages, Morpeth, 1.7% 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 Morwick Farm 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.
