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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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According to the public record, 3, Cottinglea, Morpeth is a freehold house.
By comparing it to neighbours, we estimate that it is a mid-century house with 1,523 ft2 of internal area and sits on a 313 m2 plot and a garden.
Houses of this size in this area normally have 4 bedrooms.
Based on available information, and assuming reasonable condition, the estimated sale value for 3, Cottinglea, Morpeth is £452,694 and the estimated rental value is £1,611 per month.
Cottinglea, Morpeth, NE61 is located within the NE61 postal district.
3, Cottinglea, Morpeth has 2 entries in the Land Registry , most recently in February 2013 and no records in the EPC database.
We combine this sold price information with public data of neighbouring properties to estimate the attributes and values.
The local information is scored as 2 out of 5 and is considered of medium accuracy.
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 3, Cottinglea, Morpeth is in very good condition we estimate a sale value of £475,329 and a rental value of £1,692 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £421,005 and a rental value of £1,498 per month.
Over the last 12 months the sale value of 3 Cottinglea Morpeth has increased by an estimated £6,395 (1.4%) and its rental value has increased by an estimated £51 per month (3.1%), giving an expected gross yield of 4.3%.
According to data from HM Land Registry, 3, Cottinglea, Morpeth sits on a plot of 313m2.
We have plot size data on 6 out of 6 other houses in the postcode and 3, Cottinglea, Morpeth sits on the 6th largest plot.
According to HM Land Registry, 3, Cottinglea, Morpeth was last sold on 28th February 2013 for £260,500 and was recorded as a freehold house.
The property has had 2 sales since 1995.
Since February 2013, the market for similar properties has risen 36.5%
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to 3, Cottinglea, Morpeth within a radius of 790 metres over the last 2 years.
The most recent example is 2, Abbey View, Morpeth, NE61 1QT, a freehold house which sold for £410,000 on the 30th October 2024.
Read more about house prices in NE61.
•Nearby is defined as the radius comprising the nearest 2,000 addresses.
Cottinglea, Morpeth, NE61 has a total of 6 addresses. According to our analysis of all the public data, 3, Cottinglea, Morpeth is the 5th largest and the 5th most expensive property on the street.
When compared to the postcode district it is £174k more expensive than the average property in NE61.
The closest station to 3, Cottinglea, Morpeth is Morpeth station which is 1.3 kilometres away.
According to data from the Environment Agency, the flood risk in this area is considered to be very low.
The recent census recorded whether a resident owned or rented their home.
In the area around 3, Cottinglea, Morpeth, 67.3% of property is privately owned outright and 22.0% is privately owned with a mortgage.
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 3, Cottinglea, Morpeth, 14.3% of residents are recorded as possessing school level qualifications and 54.0% as possessing degree level qualifications.
The graph below shows how this compares to North East and the rest of England & Wales.
The most recent census in 2021 recorded the age of all UK residents.
In the area around 3, Cottinglea, Morpeth, the average age was 45.1 and the most common age was 62.
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 3, Cottinglea, Morpeth, 1.4% 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 3, Cottinglea, Morpeth, there are an average of 1.4 cars per household.
See below for how this compares to North East and the rest of England & Wales.
