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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, 5, Rose Hill, Morpeth is a modern house with 2,820 ft2 of internal area.
Houses of this size in this area normally have 5 bedrooms with a garden.
Based on available information, and assuming reasonable condition, the estimated sale value for 5, Rose Hill, Morpeth is £765,784 and the estimated rental value is £2,510 per month.
Rose Hill, Morpeth, NE61 is located within the NE61 postal district.
5, Rose Hill, Morpeth has no records in the the Land Registry and a single entry in the EPC database dated January 2024.
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.
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 5, Rose Hill, Morpeth is in very good condition we estimate a sale value of £804,073 and a rental value of £2,636 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £712,179 and a rental value of £2,335 per month.
Over the last 12 months the sale value of 5 Rose Hill Morpeth has increased by an estimated £3,292 (0.4%) and its rental value has increased by an estimated £32 per month (1.3%), giving an expected gross yield of 3.9%.
5, Rose Hill, Morpeth has an Energy Performance Rating (EPC) of B. This is based on the most recent assessment, dated 09 Jan 2024.
The property is not connected to mains gas and has high performance glazing. It is heated using Boiler and underfloor heating, mains gas.
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to 5, Rose Hill, Morpeth within a radius of 1.4 kilometres over the last 2 years.
The most recent example is 22, Thorp Avenue, Morpeth, NE61 1JR, a freehold house which sold for £590,000 on the 3rd June 2020.
Read more about house prices in NE61.
•Nearby is defined as the radius comprising the nearest 2,000 addresses.
Rose Hill, Morpeth, NE61 has a total of 3 addresses. According to our analysis of all the public data, 5, Rose Hill, Morpeth is the 3rd largest and the 2nd most expensive property on the street.
When compared to the postcode district it is £487k more expensive than the average property in NE61.
The closest station to 5, Rose Hill, Morpeth is Pegswood station which is 1.7 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 5, Rose Hill, Morpeth, 54.9% of property is privately owned outright and 31.6% 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 5, Rose Hill, Morpeth, 17.7% of residents are recorded as possessing school level qualifications and 32.8% 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 5, Rose Hill, 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 5, Rose Hill, 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 5, Rose Hill, 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.
