2, Wayside Way
2, Wayside Way
Description & Estimates
2, Wayside Way, Morpeth is described in the public record as a modern house with 968 ft2 of internal area, sitting on a 163 m2 plot.
Locally, houses of this size normally have 3 bedrooms with a garden.
Our estimate of the sale value of 2, Wayside Way, Morpeth is £237,884 and its rental estimate is £1,275 per month, given the available information and assuming reasonable condition.
Wayside Way, Saxon Vale, Ellington, Morpeth, NE61 falls within the NE61 postal district.
Our Data Sources
2, Wayside Way, Morpeth has no records in the the Land Registry and a single entry in the EPC database dated September 2020.
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
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, Wayside Way, Morpeth, we estimate a market value of £249,778 and a rental value of £1,339 per month when presented in very good decorative order. Should the property require extensive cosmetic improvement, those figures would reduce to £221,232 and £1,186 per month respectively.
Recent Market Change
Over the last year, 2, Wayside Way, Morpeth has seen its estimated sale value grow by £8,421 (3.5%) and its estimated rental value climb by £64 per month (5.0%). This results in an estimated gross rental yield of 6.4%.
Plot Size
HM Land Registry records the plot of land for 2, Wayside Way, Morpeth as measuring 163 m2.
That makes it the largest plot in the postcode, where 4 of the 13 other houses have recorded plot data.
Energy Efficiency
2, Wayside Way, Morpeth has an Energy Performance Rating (EPC) of B. This is based on the most recent assessment, dated 23 Sep 2020.
The property is not connected to mains gas and has high performance glazing. It is heated using Boiler and radiators, mains gas.
Similar Properties Sold Nearby
Over the past 2 years 3 properties similar to 2, Wayside Way, Morpeth have sold within a radius of 1.5 kilometres, per the Land Registry and our network of Estate Agents.
The latest, on the 31st October 2024, was 30, Primrose Way, Morpeth, NE61 5BR, a freehold house which sold for £249,950.
Read more about house prices in NE61.
•Nearby is defined as the radius comprising the nearest 2,000 addresses.
More reading links
Location Comparison
Of the 13 addresses on Wayside Way, Saxon Vale, Ellington, Morpeth, NE61, 2, Wayside Way, Morpeth comes out as the 5th largest and the 5th most expensive in our analysis of the public data.
It is also £43k less expensive than the average property across the NE61 district.
More reading links
Schools Nearby
- 300mEllington Primary School
- 1.4kmNCEA William Leech CofE Primary School
- 1.9kmLinton Primary School
- 4.8kmAshington Academy
- 4.9kmNCEA Duke's Secondary School
- 9.0kmBedlington Academy
More reading links
Public Transport Nearby
From 2, Wayside Way, Morpeth, the nearest station is Ashington, 4.1 kilometres away.
- 4.1kmAshington
- 4.4kmWiddrington
- 7.2kmPegswood
Risk of Flooding
The flood risk here is rated very low, based on Environment Agency data.
