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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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The public record describes 2, Tulip Close, Morpeth as a modern house with 678 ft2 of internal area, sitting on a 141 m2 plot.
In this area, houses of this size normally have 3 bedrooms with a garden.
2, Tulip Close, Morpeth has an estimated sale value of £151,476 and an estimated rental value of £1,041 per month, assuming reasonable condition and based on the information available.
Tulip Close, Saxon Vale, Ellington, Morpeth, NE61 lies within the NE61 postal district.
2, Tulip Close, Morpeth has no records in the the Land Registry and a single entry in the EPC database dated March 2021.
We combine this information with public data 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.
In very good condition, we estimate 2, Tulip Close, Morpeth would be worth £159,050, with a potential rental value of £1,093 per month.
If substantial cosmetic improvements are needed, the estimated sale value falls to £140,873, with a rental value of £968 per month.
The extent to which decoration affects a property's value depends on its type, size and location.
The estimated sale value of 2, Tulip Close, Morpeth has moved up by £5,362 (3.5%) over the last year. During the same period, its estimated monthly rental value has increased by £52 (5.0%). The property's estimated gross yield is currently 8.2%.
2, Tulip Close, Morpeth occupies a 141 m2 plot as recorded by HM Land Registry.
All 6 other houses in this postcode have recorded plot sizes, and this one ranks as the 6th largest.
2, Tulip Close, Morpeth has an Energy Performance Rating (EPC) of B. This is based on the most recent assessment, dated 22 Mar 2021.
The property is not connected to mains gas and has high performance glazing. It is heated using Boiler and radiators, mains gas.
Land Registry records and our Estate Agent network show 3 sales of comparable properties within 1.5 kilometres of 2, Tulip Close, Morpeth across the last 2 years.
Most recently, 13, Meadow Way, Morpeth, NE61 5FB, a freehold house, sold at £135,000 on the 7th August 2024.
Read more about house prices in NE61.
•Nearby is defined as the radius comprising the nearest 2,000 addresses.
Our analysis of the public data ranks 2, Tulip Close, Morpeth as the 5th largest and the 5th most expensive of the 6 addresses on Tulip Close, Saxon Vale, Ellington, Morpeth, NE61.
Against the NE61 postcode district average, it is £129k less expensive than the typical property.
Ashington station is the nearest stop to 2, Tulip Close, Morpeth at 4.2 kilometres away.
Environment Agency data suggests this area has a very low risk of flooding.
The recent census recorded whether a resident owned or rented their home.
In the area around 2, Tulip Close, Morpeth, % of property is and % is .
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, Tulip Close, Morpeth, 0.0% of residents are recorded as possessing school level qualifications and 0.0% as possessing degree level qualifications.
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, Tulip Close, Morpeth, 0.0% 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, Tulip Close, Morpeth, there are an average of 0.0 cars per household.
See below for how this compares to North East and the rest of England & Wales.
