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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, The Orchard, Morpeth is a modern house with 3,013 ft2 of internal area and sits on a 1,893 m2 plot.
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, The Orchard, Morpeth is £904,850 and the estimated rental value is £3,009 per month.
The Orchard, Hepscott, Morpeth, NE61 is located within the NE61 postal district.
2, The Orchard, Morpeth has no recent1 records in the the Land Registry and a single entry in the EPC database dated November 2015.
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.
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, The Orchard, Morpeth is in very good condition we estimate a sale value of £950,092 and a rental value of £3,159 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £841,510 and a rental value of £2,798 per month.
Over the last 12 months the sale value of 2 The Orchard Morpeth has increased by an estimated £2,418 (0.3%) and its rental value has increased by an estimated £49 per month (1.6%), giving an expected gross yield of 4%.
According to data from HM Land Registry, 2, The Orchard, Morpeth sits on a plot of 1893m2.
We have plot size data on 18 out of 24 other houses in the postcode and 2, The Orchard, Morpeth sits on the 3rd largest plot.
2, The Orchard, Morpeth has an Energy Performance Rating (EPC) of D. This is based on the most recent assessment, dated 23 Nov 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, The Orchard, Morpeth was last sold on 29th April 2005 for £530,000 and was recorded as a freehold house.
The property has only had this single sale since 1995.
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to 2, The Orchard, Morpeth within a radius of 1.9 kilometres over the last 2 years.
The most recent example is Westfield, Morpeth, NE61 6LN, a freehold house which sold for £760,000 on the 17th March 2021.
Read more about house prices in NE61.
•Nearby is defined as the radius comprising the nearest 2,000 addresses.
The Orchard, Hepscott, Morpeth, NE61 has a total of 24 addresses. According to our analysis of all the public data, 2, The Orchard, Morpeth is the 2nd largest and the 2nd most expensive property on the street.
When compared to the postcode district it is £624k more expensive than the average property in NE61.
The closest station to 2, The Orchard, Morpeth is Morpeth station which is 2.1 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, The Orchard, Morpeth, 66.7% of property is privately owned outright and 27.8% 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, The Orchard, Morpeth, 10.8% of residents are recorded as possessing school level qualifications and 56.5% 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, The Orchard, 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, The Orchard, 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, The Orchard, 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.
