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Houses of this size in this area normally have 4 bedrooms with a garden.
Based on available information, and assuming reasonable condition, the estimated sale value for Coldside, Morpeth is £462,499 and the estimated rental value is £1,527 per month.
Netherwitton, Morpeth, NE61 is located within the NE61 postal district.
Coldside, Morpeth has no records in the the Land Registry and a single entry in the EPC database dated June 2023.
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 Coldside, Morpeth is in very good condition we estimate a sale value of £485,624 and a rental value of £1,603 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £430,124 and a rental value of £1,420 per month.
Over the last 12 months the sale value of Coldside Morpeth has increased by an estimated £6,533 (1.4%) and its rental value has increased by an estimated £48 per month (3.1%), giving an expected gross yield of 4%.
According to data from HM Land Registry, Coldside, Morpeth sits on a plot of 949362m2.
Coldside, Morpeth has an Energy Performance Rating (EPC) of E. This is based on the most recent assessment, dated 08 Jun 2023.
The property is not connected to mains gas and has fully double glazed windows. It is heated using Boiler and radiators, oil.
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to Coldside, Morpeth within a radius of 7.9 kilometres over the last 2 years.
The most recent example is 5, Morpeth, NE65 8RW, a freehold house which sold for £675,000 on the 16th February 2024.
Read more about house prices in NE61.
•Nearby is defined as the radius comprising the nearest 2,000 addresses.
Netherwitton, Morpeth, NE61 has a total of 66 addresses. According to our analysis of all the public data, Coldside, Morpeth is the 34th largest and the 25th most expensive property on the street.
When compared to the postcode district it is £184k more expensive than the average property in NE61.
The closest station to Coldside, Morpeth is Acklington station which is 16.6 kilometres away.
According to data from the Environment Agency, the flood risk in this area is considered to be very low.
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The recent census recorded whether a resident owned or rented their home.
In the area around Coldside, Morpeth, 45.8% of property is privately rented and 35.4% is privately owned outright.
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 Coldside, Morpeth, 13.1% of residents are recorded as possessing school level qualifications and 34.8% 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 Coldside, 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 Coldside, Morpeth, 2.0% 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 Coldside, Morpeth, there are an average of 1.7 cars per household.
See below for how this compares to North East and the rest of England & Wales.