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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, Old Sawmill, Morpeth is a freehold house.
By comparing it to neighbours, we estimate that it is a modern house with 2,752 ft2 of internal area and sits on a 803 m2 plot and a garden.
Houses of this size in this area normally have 5 bedrooms.
Based on available information, and assuming reasonable condition, the estimated sale value for 2, Old Sawmill, Morpeth is £684,664 and the estimated rental value is £2,488 per month.
Old Sawmill, Mitford, Morpeth, NE61 is located within the NE61 postal district.
2, Old Sawmill, Morpeth has 2 entries in the Land Registry , most recently in November 2016 and no records in the EPC database.
We combine this sold price information with public data of neighbouring properties to estimate the attributes and values.
The local information is scored as 1 out of 5 and is considered of low 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, Old Sawmill, Morpeth is in very good condition we estimate a sale value of £718,898 and a rental value of £2,612 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £636,738 and a rental value of £2,314 per month.
Over the last 12 months the sale value of 2 Old Sawmill Morpeth has increased by an estimated £1,830 (0.3%) and its rental value has increased by an estimated £41 per month (1.6%), giving an expected gross yield of 4.4%.
According to data from HM Land Registry, 2, Old Sawmill, Morpeth sits on a plot of 803m2.
We have plot size data on 6 out of 6 other houses in the postcode and 2, Old Sawmill, Morpeth sits on the 4th largest plot.
According to HM Land Registry, 2, Old Sawmill, Morpeth was last sold on 17th November 2016 for £587,500 and was recorded as a freehold house.
The property has had 2 sales since 1995.
Since November 2016, the market for similar properties has risen 6.5%
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to 2, Old Sawmill, Morpeth within a radius of 2.1 kilometres over the last 2 years.
The most recent example is Wayside Lodge, Morpeth, NE61 3PT, a freehold house which sold for £770,000 on the 15th November 2024.
Read more about house prices in NE61.
•Nearby is defined as the radius comprising the nearest 2,000 addresses.
Old Sawmill, Mitford, Morpeth, NE61 has a total of 6 addresses. According to our analysis of all the public data, 2, Old Sawmill, Morpeth is the largest and the most expensive property on the street.
When compared to the postcode district it is £404k more expensive than the average property in NE61.
The closest station to 2, Old Sawmill, Morpeth is Morpeth station which is 3.1 kilometres away.
According to recent data from Ofcom, superfast broadband is available in this area.
According to recent data from Ofcom, Superfast broadband is available in the area.
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, Old Sawmill, Morpeth, 43.8% of property is privately owned outright and 28.9% is privately owned with a mortgage.
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, Old Sawmill, Morpeth, 15.3% of residents are recorded as possessing school level qualifications and 40.4% 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, Old Sawmill, 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, Old Sawmill, Morpeth, 2.2% 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, Old Sawmill, Morpeth, there are an average of 1.9 cars per household.
See below for how this compares to North East and the rest of England & Wales.
