2 Village Farm, Morpeth
2 Village Farm, Morpeth
Description & Estimates
Public records show 2 Village Farm, Morpeth to be a modern freehold house with 861 ft2 of internal area.
In this area, houses of this size normally have 3 bedrooms with a garden.
2 Village Farm, Morpeth has an estimated sale value of £211,497 and an estimated rental value of £1,186 per month, assuming reasonable condition and based on the information available.
Thropton, Morpeth, NE65 lies within the NE65 postal district.
Our Data Sources
2 Village Farm, Morpeth has a single entry in the Land Registry from October 2022 and a single entry in the EPC database dated June 2022.
We combine this information with that of neighbouring properties to estimate the property attributes and values.
The local information is scored as 3 out of 5 and is considered of medium accuracy.
Price Range & Condition
In very good condition, we estimate 2 Village Farm, Morpeth would be worth £222,072, with a potential rental value of £1,245 per month.
If substantial cosmetic improvements are needed, the estimated sale value falls to £196,692, with a rental value of £1,103 per month.
The extent to which decoration affects a property's value depends on its type, size and location.
Recent Market Change
The estimated sale value of 2 Village Farm, Morpeth has grown by £4,277 (2.0%) over the last year. During the same period, its estimated monthly rental value has climbed by £39 (3.2%). The property's estimated gross yield is currently 6.7%.
Energy Efficiency
2 Village Farm, Morpeth has an Energy Performance Rating (EPC) of E. This is based on the most recent assessment, dated 27 Jun 2022.
The property is not connected to mains gas and has fully double glazed windows. It is heated using Boiler and radiators, electric.
Sold Prices
2 Village Farm, Morpeth last changed hands on 7th October 2022, selling for £200,000. The transaction was logged as a freehold house by HM Land Registry.
That is its only recorded sale since 1995.
The market for similar properties has risen by 4.7% since October 2022.
- Sold Oct 2022£200,000
Similar Properties Sold Nearby
Land Registry records and our Estate Agent network show 3 sales of comparable properties within 7.5 kilometres of 2 Village Farm, Morpeth across the last 2 years.
Most recently, 3 Village Farm, Morpeth, NE65 7NA, a freehold house, sold at £182,500 on the 19th July 2023.
Read more about house prices in NE65.
•Nearby is defined as the radius comprising the nearest 2,000 addresses.
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Location Comparison
Our analysis of the public data ranks 2 Village Farm, Morpeth as the 164th largest and the 178th most expensive of the 207 addresses on Thropton, Morpeth, NE65.
Against the NE65 postcode district average, it is £83k less expensive than the typical property.
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Schools Nearby
- 300mThropton Village First School
- 2.9kmRothbury First School
- 9.7kmHarbottle Church of England First School
- 18.8kmThe Duchess's Community High School
- 22.8kmThe King Edward VI School
- 22.9kmJames Calvert Spence College
More reading links
Public Transport Nearby
Acklington station is the nearest stop to 2 Village Farm, Morpeth at 19.2 kilometres away.
- 19.2kmAcklington
- 21.9kmAlnmouth
- 23.0kmWiddrington
Available Internet Speeds
Ofcom's latest figures show superfast broadband available in this area.
According to recent data from Ofcom, Superfast broadband is available in the area.
Risk of Flooding
Environment Agency data suggests this area has a very low risk of flooding.
