Our Data Sources
2, The Close, Morpeth has 21 entries in the Land Registry , most recently in December 2007 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 2 out of 5 and is considered of medium accuracy.
Price Range & Condition
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, The Close, Morpeth, we estimate a market value of £542,313 and a rental value of £1,822 per month when presented in very good decorative order. Should the property require extensive cosmetic improvement, those figures would reduce to £480,334 and £1,614 per month respectively.
Plot Size
HM Land Registry records the plot of land for 2, The Close, Morpeth as measuring 717 m2.
That makes it the 3rd largest plot in the postcode, where all 3 other houses have recorded plot data.
Sold Prices
The most recent sale of 2, The Close, Morpeth completed on 7th December 2007 at £592,000 and was recorded by HM Land Registry as a freehold house.
Since 1995 the property has sold twice.
Values of comparable properties have risen by 14.2% over the period since December 2007.
- Sold Dec 2007£592,000
- Sold Sep 2005£350,000
Similar Properties Sold Nearby
Over the past 2 years 104 properties similar to 2, The Close, Morpeth have sold within a radius of 4.0 kilometres, per the Land Registry and our network of Estate Agents.
The latest, on the 4th November 2024, was 15, Green Close, Morpeth, NE61 6PE, a freehold house which sold for £400,000.
Read more about house prices in NE61.
- Sold Nov 2024£400,000 | 4 Bed House15, Green Close, Morpeth, NE61 6PE15, Green Close, Morpeth, NE61 6PE
- Sold Jun 2024£600,000 | 4 Bed House18, Green Close, Morpeth, NE61 6PE18, Green Close, Morpeth, NE61 6PE
- Sold May 2024£315,000 | 4 Bed House6, Green Close, Morpeth, NE61 6PE6, Green Close, Morpeth, NE61 6PE
•Nearby is defined as the radius comprising the nearest 2,000 addresses.
More reading links
Location Comparison
Of the 3 addresses on The Close, Morpeth, NE61, 2, The Close, Morpeth comes out as the 2nd largest and the 2nd most expensive in our analysis of the public data.
It is also £232k more expensive than the average property across the NE61 district.
More reading links
Schools Nearby
- Stannington First School400 m away
- St Bede's Catholic Primary School4.7 km away
- Meadowdale Academy4.8 km away
- St Benet Biscop Catholic Academy4.7 km away
- Cramlington Learning Village6.0 km away
- North Gosforth Academy6.4 km away
More reading links
Public Transport Nearby
- Cramlington|4.9 km away
- Morpeth|6.0 km away
- Bedlington|7.1 km away
Risk of Flooding
The flood risk here is rated Very Low, based on Environment Agency data.
