7 Village Farm, Morpeth
7 Village Farm, Morpeth
Description & Estimates
7 Village Farm, Morpeth appears in the public record as a freehold house sitting on a 653 m2 plot.
By comparing it to nearby properties, we estimate it to be a period house with 1,607 ft2 of internal area and a garden.
Locally, houses of this size normally have 4 bedrooms.
Our estimate of the sale value of 7 Village Farm, Morpeth is £295,402 and its rental estimate is £1,376 per month, given the available information and assuming reasonable condition.
Thropton, Morpeth, NE65 falls within the NE65 postal district.
Our Data Sources
7 Village Farm, Morpeth has 21 entries in the Land Registry , most recently in March 2021 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 3 out of 5 and is considered of medium 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 7 Village Farm, Morpeth, we estimate a market value of £310,172 and a rental value of £1,445 per month when presented in very good decorative order. Should the property require extensive cosmetic improvement, those figures would reduce to £274,724 and £1,280 per month respectively.
Recent Market Change
Over the last year, 7 Village Farm, Morpeth has seen its estimated sale value increase by £3,504 (1.2%) and its estimated rental value grow by £35 per month (2.5%). This results in an estimated gross rental yield of 5.6%.
Plot Size
HM Land Registry records the plot of land for 7 Village Farm, Morpeth as measuring 653 m2.
That makes it the 3rd largest plot in the postcode, where 22 of the 28 other houses have recorded plot data.
Sold Prices
The most recent sale of 7 Village Farm, Morpeth completed on 18th March 2021 at £249,950 and was recorded by HM Land Registry as a freehold house.
Since 1995 the property has sold twice.
Values of comparable properties have risen by 20.5% over the period since March 2021.
- Sold Mar 2021£249,950
- Sold Jul 1997£85,000
Similar Properties Sold Nearby
Over the past 2 years 3 properties similar to 7 Village Farm, Morpeth have sold within a radius of 7.5 kilometres, per the Land Registry and our network of Estate Agents.
The latest, on the 10th May 2024, was Sunnyside, Morpeth, NE65 7NA, a freehold house which sold for £265,000.
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
Of the 207 addresses on Thropton, Morpeth, NE65, 7 Village Farm, Morpeth comes out as the 66th largest and the 110th most expensive in our analysis of the public data.
It is also £1k more expensive than the average property across the NE65 district.
More reading links
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
From 7 Village Farm, Morpeth, the nearest station is Acklington, 19.2 kilometres away.
- 19.2kmAcklington
- 21.9kmAlnmouth
- 23.0kmWiddrington
Available Internet Speeds
Broadband here reaches superfast speeds, based on recent Ofcom data.
According to recent data from Ofcom, Superfast broadband is available in the area.
Risk of Flooding
The flood risk here is rated very low, based on Environment Agency data.
