2 The Steadings, Morpeth
2 The Steadings, Morpeth
Description & Estimates
According to the public record, 2 The Steadings, Morpeth is a modern house with 1,722 ft2 of internal area.
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 The Steadings, Morpeth is £625,240 and the estimated rental value is £2,024 per month.
Clifton, Morpeth, NE61 is located within the NE61 postal district.
Our Data Sources
2 The Steadings, Morpeth has no records in the the Land Registry and a single entry in the EPC database dated July 2018.
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.
Price Range & Condition
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 Steadings, Morpeth is in very good condition we estimate a sale value of £656,502 and a rental value of £2,125 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £581,473 and a rental value of £1,883 per month.
Recent Market Change
Over the past 12 months, the estimated sale value of 2 The Steadings, Morpeth has grown by £6,857 (1.1%), while its estimated rental value has climbed by £49 per month (2.4%). Based on current estimates, the property offers a gross rental yield of 3.9%.
Energy Efficiency
2 The Steadings, Morpeth has an Energy Performance Rating (EPC) of E. This is based on the most recent assessment, dated 27 Jul 2018.
The property is not connected to mains gas and has fully double glazed windows. It is heated using Electric storage heaters, Room heaters, electric.
Similar Properties Sold Nearby
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to 2 The Steadings, Morpeth within a radius of 2.6 kilometres over the last 2 years.
The most recent example is 1, Rowan Drive, Morpeth, NE61 6BY, a freehold house which sold for £515,000 on the 3rd December 2024.
Read more about house prices in NE61.
•Nearby is defined as the radius comprising the nearest 2,000 addresses.
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Location Comparison
Clifton, Morpeth, NE61 has a total of 26 addresses. According to our analysis of all the public data, 2 The Steadings, Morpeth is the 19th largest and the 4th most expensive property on the street.
When compared to the postcode district it is £344k more expensive than the average property in NE61.
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Schools Nearby
- 2.3kmMorpeth First School
- 3.1kmMorpeth Stobhillgate First School
- 3.2kmAbbeyfields First School
- 4.4kmThe King Edward VI School
- 5.9kmSt Benet Biscop Catholic Academy
- 8.5kmBedlington Academy
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Public Transport Nearby
The closest station to 2 The Steadings, Morpeth is Morpeth station, which is 3.1 kilometres away.
- 3.1kmMorpeth
- 5.8kmPegswood
- 8.2kmBedlington
Risk of Flooding
According to data from the Environment Agency, the flood risk in this area is considered to be very low.
