8, Cheviot Lodge
8, Cheviot Lodge
Description & Estimates
8, Cheviot Lodge, Morpeth is recorded publicly as a mid-century leasehold house across 850 ft2 of internal area, sitting on a 411 m2 plot.
Locally, houses of this size normally have 3 bedrooms with a garden.
Our estimate of the sale value of 8, Cheviot Lodge, Morpeth is £273,001 and its rental estimate is £1,290 per month, given the available information and assuming reasonable condition.
Cheviot Lodge, Longframlington, Morpeth, NE65 falls within the NE65 postal district.
Our Data Sources
8, Cheviot Lodge, Morpeth has 2 entries in the Land Registry , most recently in May 2024 and a single entry in the EPC database dated April 2017.
We combine this information with that of neighbouring properties to estimate the property attributes and values.
The local information is scored as 4 out of 5 and is considered of high 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 8, Cheviot Lodge, Morpeth, we estimate a market value of £286,651 and a rental value of £1,354 per month when presented in very good decorative order. Should the property require extensive cosmetic improvement, those figures would reduce to £253,891 and £1,199 per month respectively.
Recent Market Change
Over the last year, 8, Cheviot Lodge, Morpeth has seen its estimated sale value rise by £5,520 (2.0%) and its estimated rental value move up by £42 per month (3.2%). This results in an estimated gross rental yield of 5.7%.
Plot Size
HM Land Registry records the plot of land for 8, Cheviot Lodge, Morpeth as measuring 411 m2.
That makes it the 12th largest plot in the postcode, where 41 of the 44 other houses have recorded plot data.
Energy Efficiency
8, Cheviot Lodge, Morpeth has an Energy Performance Rating (EPC) of E. This is based on the most recent assessment, dated 15 Apr 2017.
The property is connected to mains gas and has fully double glazed windows. It is heated using Boiler and radiators, oil.
Sold Prices
The most recent sale of 8, Cheviot Lodge, Morpeth completed on 24th May 2024 at £271,000 and was recorded by HM Land Registry as a leasehold house.
Since 1995 the property has sold twice.
Values of comparable properties have dropped by 8.3% over the period since May 2024.
- Sold May 2024£271,000
- Sold Sep 2017£168,000
Similar Properties Sold Nearby
Over the past 2 years 3 properties similar to 8, Cheviot Lodge, Morpeth have sold within a radius of 6.0 kilometres, per the Land Registry and our network of Estate Agents.
The latest, on the 17th July 2024, was 9, Harecross Park, Morpeth, NE65 8BW, a freehold house which sold for £235,000.
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 44 addresses on Cheviot Lodge, Longframlington, Morpeth, NE65, 8, Cheviot Lodge, Morpeth comes out as the 42nd largest and the 33rd most expensive in our analysis of the public data.
It is also £21k less expensive than the average property across the NE65 district.
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Schools Nearby
- 5.0kmSwarland Primary School
- 5.9kmFelton Church of England Primary School
- 6.7kmLonghorsley St Helen's Church of England Aided First School
- 12.7kmThe Duchess's Community High School
- 13.6kmJames Calvert Spence College
- 15.7kmThe King Edward VI School
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Public Transport Nearby
From 8, Cheviot Lodge, Morpeth, the nearest station is Acklington, 9.6 kilometres away.
- 9.6kmAcklington
- 13.6kmWiddrington
- 14.6kmAlnmouth
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.
