2, The Oval
2, The Oval
Description & Estimates
2, The Oval, Morpeth is recorded publicly as an early-century freehold house across 957 ft2 of internal area, sitting on a 315 m2 plot.
Locally, houses of this size normally have 3 bedrooms with a garden.
Our estimate of the sale value of 2, The Oval, Morpeth is £198,896 and its rental estimate is £1,178 per month, given the available information and assuming reasonable condition.
The Oval, Felton, Morpeth, NE65 falls within the NE65 postal district.
Our Data Sources
2, The Oval, Morpeth has a single entry in the Land Registry from June 2013 and a single entry in the EPC database dated April 2013.
We combine this information with that of neighbouring properties to estimate the property attributes and values.
The local information is scored as 5 out of 5 and is considered of high 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 Oval, Morpeth, we estimate a market value of £208,841 and a rental value of £1,237 per month when presented in very good decorative order. Should the property require extensive cosmetic improvement, those figures would reduce to £184,973 and £1,096 per month respectively.
Recent Market Change
Over the last year, 2, The Oval, Morpeth has seen its estimated sale value increase by £4,022 (2.0%) and its estimated rental value grow by £38 per month (3.2%). This results in an estimated gross rental yield of 7.1%.
Plot Size
HM Land Registry records the plot of land for 2, The Oval, Morpeth as measuring 315 m2.
That makes it the 12th largest plot in the postcode, where all 14 other houses have recorded plot data.
Energy Efficiency
2, The Oval, Morpeth has an Energy Performance Rating (EPC) of C. This is based on the most recent assessment, dated 16 Apr 2013.
The property is not connected to mains gas and has fully double glazed windows. It is heated using Boiler and radiators, mains gas.
Sold Prices
The most recent sale of 2, The Oval, Morpeth completed on 21st June 2013 at £112,000 and was recorded by HM Land Registry as a freehold house.
Since 1995 this is the property's only sale.
Values of comparable properties have risen by 32.1% over the period since June 2013.
- Sold Jun 2013£112,000
Similar Properties Sold Nearby
Over the past 2 years 3 properties similar to 2, The Oval, Morpeth have sold within a radius of 5.7 kilometres, per the Land Registry and our network of Estate Agents.
The latest, on the 4th November 2022, was 12, The Oval, Morpeth, NE65 9NL, a freehold house which sold for £190,000.
Read more about house prices in NE65.
•Nearby is defined as the radius comprising the nearest 2,000 addresses.
More reading links
Location Comparison
Of the 14 addresses on The Oval, Felton, Morpeth, NE65, 2, The Oval, Morpeth comes out as the 6th largest and the 6th most expensive in our analysis of the public data.
It is also £95k less expensive than the average property across the NE65 district.
More reading links
Schools Nearby
- 300mFelton Church of England Primary School
- 3.7kmSwarland Primary School
- 5.8kmBroomhill Primary School
- 7.7kmJames Calvert Spence College
- 10.6kmThe Duchess's Community High School
- 14.2kmThe King Edward VI School
More reading links
Public Transport Nearby
From 2, The Oval, Morpeth, the nearest station is Acklington, 3.6 kilometres away.
- 3.6kmAcklington
- 8.9kmWiddrington
- 10.9kmAlnmouth
Available Internet Speeds
Broadband here reaches superfast speeds, based on recent Ofcom data.
According to recent data from Ofcom, Superfast broadband is available in the area.
Risk of Flooding
The flood risk here is rated very low, based on Environment Agency data.
