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According to the public record, 3 Old Barns Close, Morpeth is a modern freehold house with 2,012 ft2 of internal area and sits on a 992 m2 plot.
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 3 Old Barns Close, Morpeth is £637,652 and the estimated rental value is £2,366 per month.
Warkworth, Morpeth, NE65 is located within the NE65 postal district.
3 Old Barns Close, Morpeth has 2 entries in the Land Registry , most recently in March 2020 and a single entry in the EPC database dated August 2019.
We combine this information with that 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.
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 Old Barns Close, Morpeth is in very good condition we estimate a sale value of £669,534 and a rental value of £2,484 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £593,016 and a rental value of £2,200 per month.
Over the last 12 months the sale value of 3 Old Barns Close Morpeth has increased by an estimated £7,692 (1.2%) and its rental value has increased by an estimated £67 per month (2.8%), giving an expected gross yield of 4.5%.
According to data from HM Land Registry, 3 Old Barns Close, Morpeth sits on a plot of 992m2.
We have plot size data on 5 out of 7 other houses in the postcode and 3 Old Barns Close, Morpeth sits on the 2nd largest plot.
3 Old Barns Close, Morpeth has an Energy Performance Rating (EPC) of C. This is based on the most recent assessment, dated 31 Aug 2019.
The property is connected to mains gas and has fully double glazed windows. It is heated using Boiler and radiators, mains gas.
According to HM Land Registry, 3 Old Barns Close, Morpeth was last sold on 24th March 2020 for £465,000 and was recorded as a freehold house.
The property has had 2 sales since 1995.
Since March 2020, the market for similar properties has risen 2.4%
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to 3 Old Barns Close, Morpeth within a radius of 2.4 kilometres over the last 2 years.
The most recent example is 48, Knights Road, Morpeth, NE65 0FA, a freehold house which sold for £600,000 on the 1st November 2024.
Read more about house prices in NE65.
•Nearby is defined as the radius comprising the nearest 2,000 addresses.
Warkworth, Morpeth, NE65 has a total of 85 addresses. According to our analysis of all the public data, 3 Old Barns Close, Morpeth is the 26th largest and the 15th most expensive property on the street.
When compared to the postcode district it is £345k more expensive than the average property in NE65.
The closest station to 3 Old Barns Close, Morpeth is Acklington station which is 4.2 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 Old Barns Close, Morpeth, 52.4% of property is socially rented and 21.3% is privately owned outright.
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 Old Barns Close, Morpeth, 9.7% of residents are recorded as possessing school level qualifications and 31.1% 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 Old Barns Close, Morpeth, the average age was 48 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 Old Barns Close, Morpeth, 1.3% 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 Old Barns Close, Morpeth, there are an average of 1.1 cars per household.
See below for how this compares to North East and the rest of England & Wales.