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According to the public record, Braeside Cottage, Morpeth is a freehold house.
By comparing it to neighbours, we estimate that it is a modern house with 2,038 ft2 of internal area and sits on a 2,357 m2 plot and a garden.
Houses of this size in this area normally have 5 bedrooms.
Based on available information, and assuming reasonable condition, the estimated sale value for Braeside Cottage, Morpeth is £1,129,286 and the estimated rental value is £3,755 per month.
Rothley, Morpeth, NE61 is located within the NE61 postal district.
Braeside Cottage, Morpeth has a single entry in the Land Registry from September 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 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 Braeside Cottage, Morpeth is in very good condition we estimate a sale value of £1,185,751 and a rental value of £3,943 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £1,050,236 and a rental value of £3,492 per month.
Over the last 12 months the sale value of Braeside Cottage Morpeth has increased by an estimated £3,018 (0.3%) and its rental value has increased by an estimated £61 per month (1.6%), giving an expected gross yield of 4%.
According to data from HM Land Registry, Braeside Cottage, Morpeth sits on a plot of 2357m2.
We have plot size data on 5 out of 11 other houses in the postcode and Braeside Cottage, Morpeth sits on the 3rd largest plot.
According to HM Land Registry, Braeside Cottage, Morpeth was last sold on 28th September 2021 for £570,000 and was recorded as a freehold house.
The property has only had this single sale since 1995.
Since September 2021, the market for similar properties has dropped 3.2%
According to the Land Registry and our network of Estate Agents, there have been 1 sale of a property similar to Braeside Cottage, Morpeth within a radius of 12.8 kilometres over the last 2 years.
The most recent example is West Todholes, Newcastle Upon Tyne, NE19 1BS, a freehold house which sold for £1,025,000 on the 14th November 2022.
Read more about house prices in NE61.
•Nearby is defined as the radius comprising the nearest 2,000 addresses.
Rothley, Morpeth, NE61 has a total of 16 addresses. According to our analysis of all the public data, Braeside Cottage, Morpeth is the 4th largest and the 3rd most expensive property on the street.
When compared to the postcode district it is £848k more expensive than the average property in NE61.
The closest station to Braeside Cottage, Morpeth is Morpeth station which is 15.5 kilometres away.
According to recent data from Ofcom, there is poor internet coverage in this area which may result in poor or no internet connectivity.
According to recent data from Ofcom, Slow/none broadband is available in the area.
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 Braeside Cottage, Morpeth, 37.7% of property is privately owned outright and 29.5% 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 Braeside Cottage, Morpeth, 14.3% of residents are recorded as possessing school level qualifications and 46.7% 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 Braeside Cottage, Morpeth, the average age was 50.7 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 Braeside Cottage, Morpeth, 2.8% 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 Braeside Cottage, Morpeth, there are an average of 1.9 cars per household.
See below for how this compares to North East and the rest of England & Wales.
