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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, School Close, Morpeth is a period freehold house with 1,485 ft2 of internal area and sits on a 227 m2 plot.
Houses of this size in this area normally have 4 bedrooms with a garden.
Based on available information, and assuming reasonable condition, the estimated sale value for 2, School Close, Morpeth is £366,773 and the estimated rental value is £1,541 per month.
School Close, Morpeth, NE61 is located within the NE61 postal district.
2, School Close, Morpeth has 31 entries in the Land Registry , most recently in August 2023 and a single entry in the EPC database dated June 2015.
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, School Close, Morpeth is in very good condition we estimate a sale value of £385,112 and a rental value of £1,618 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £341,099 and a rental value of £1,433 per month.
Over the last 12 months the sale value of 2 School Close Morpeth has increased by an estimated £5,181 (1.4%) and its rental value has increased by an estimated £49 per month (3.1%), giving an expected gross yield of 5%.
According to data from HM Land Registry, 2, School Close, Morpeth sits on a plot of 227m2.
We have plot size data on 3 out of 3 other houses in the postcode and 2, School Close, Morpeth sits on the 3rd largest plot.
2, School Close, Morpeth has an Energy Performance Rating (EPC) of D. This is based on the most recent assessment, dated 24 Jun 2015.
The property is connected to mains gas and has fully double glazed windows. It is heated using Boiler and radiators, mains gas.
According to HM Land Registry, 2, School Close, Morpeth was last sold on 8th August 2023 for £290,000 and was recorded as a freehold house.
The property has had 3 sales since 1995.
Since August 2023, the market for similar properties has dropped 3.9%
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to 2, School Close, Morpeth within a radius of 750 metres over the last 2 years.
The most recent example is 17, Olympia Hill, Morpeth, NE61 1JH, a freehold house which sold for £283,000 on the 28th March 2025.
Read more about house prices in NE61.
•Nearby is defined as the radius comprising the nearest 2,000 addresses.
School Close, Morpeth, NE61 has a total of 3 addresses. According to our analysis of all the public data, 2, School Close, Morpeth is the largest and the most expensive property on the street.
When compared to the postcode district it is £88k more expensive than the average property in NE61.
The closest station to 2, School Close, Morpeth is Morpeth station which is 1.2 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, School Close, Morpeth, 67.3% of property is privately owned outright and 22.0% 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, School Close, Morpeth, 14.3% of residents are recorded as possessing school level qualifications and 54.0% 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, School Close, Morpeth, the average age was 45.1 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, School Close, Morpeth, 1.4% 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, School Close, Morpeth, there are an average of 1.4 cars per household.
See below for how this compares to North East and the rest of England & Wales.
