Bank Top Cottage, Morpeth
Bank Top Cottage, Morpeth
Description & Estimates
Bank Top Cottage, Morpeth is described in the public record as a period house with 1,636 ft2 of internal area.
Locally, houses of this size normally have 4 bedrooms with a garden.
Our estimate of the sale value of Bank Top Cottage, Morpeth is £237,357 and its rental estimate is £1,399 per month, given the available information and assuming reasonable condition.
Bothal, Morpeth, NE61 falls within the NE61 postal district.
Our Data Sources
Bank Top Cottage, Morpeth has no records in the the Land Registry and a single entry in the EPC database dated May 2022.
We combine this information with public data 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 Bank Top Cottage, Morpeth, we estimate a market value of £249,225 and a rental value of £1,469 per month when presented in very good decorative order. Should the property require extensive cosmetic improvement, those figures would reduce to £220,742 and £1,301 per month respectively.
Recent Market Change
Over the last year, Bank Top Cottage, Morpeth has seen its estimated sale value climb by £2,603 (1.1%) and its estimated rental value rise by £34 per month (2.4%). This results in an estimated gross rental yield of 7.1%.
Energy Efficiency
Bank Top Cottage, Morpeth has an Energy Performance Rating (EPC) of E. This is based on the most recent assessment, dated 26 May 2022.
The property is not connected to mains gas and has fully double glazed windows. It is heated using Boiler and radiators, oil.
Similar Properties Sold Nearby
Over the past 2 years 3 properties similar to Bank Top Cottage, Morpeth have sold within a radius of 2.0 kilometres, per the Land Registry and our network of Estate Agents.
The latest, on the 18th May 2023, was Cornerway, Pegswood Village, Morpeth, NE61 6RG, a freehold house which sold for £179,000.
Read more about house prices in NE61.
- Sold May 2023£179,000 | 4 Bed HousePegswood VillageCornerway, Pegswood Village, Morpeth, NE61 6RG
- Sold Jun 2009£136,750 | 4 Bed HousePegswood Village6 North Farm, Pegswood Village, Morpeth, NE61 6RE
- Sold May 2008£270,000 | 4 Bed HousePegswood Village5 North Farm, Pegswood Village, Morpeth, NE61 6RE
•Nearby is defined as the radius comprising the nearest 2,000 addresses.
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Location Comparison
Of the 35 addresses on Bothal, Morpeth, NE61, Bank Top Cottage, Morpeth comes out as the 14th largest and the 16th most expensive in our analysis of the public data.
It is also £43k less expensive than the average property across the NE61 district.
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Schools Nearby
- 1.7kmPegswood Primary School
- 1.9kmRingway Primary School
- 2.2kmBothal Academy
- 2.6kmAshington Academy
- 4.7kmThe King Edward VI School
- 4.7kmNCEA Duke's Secondary School
More reading links
Public Transport Nearby
From Bank Top Cottage, Morpeth, the nearest station is Pegswood, 1.6 kilometres away.
- 1.6kmPegswood
- 3.0kmAshington
- 4.3kmMorpeth
Risk of Flooding
The flood risk here is rated very low, based on Environment Agency data.
