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According to the public record, Farm Cottage, Morpeth is a period house with 2,325 ft2 of internal area.
Houses of this size in this area normally have 5 bedrooms with a garden.
Based on available information, and assuming reasonable condition, the estimated sale value for Farm Cottage, Morpeth is £351,798 and the estimated rental value is £1,802 per month.
Thropton, Morpeth, NE65 is located within the NE65 postal district.
Farm Cottage, Morpeth has no records in the the Land Registry and a single entry in the EPC database dated June 2019.
We combine this information with public data of neighbouring properties to estimate the property attributes and values.
The local information is scored as 3 out of 5 and is considered of medium 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 Farm Cottage, Morpeth is in very good condition we estimate a sale value of £369,388 and a rental value of £1,892 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £327,172 and a rental value of £1,676 per month.
Over the last 12 months the sale value of Farm Cottage Morpeth has increased by an estimated £1,865 (0.5%) and its rental value has increased by an estimated £37 per month (2.1%), giving an expected gross yield of 6.1%.
Farm Cottage, Morpeth has an Energy Performance Rating (EPC) of F. This is based on the most recent assessment, dated 07 Jun 2019.
The property is not connected to mains gas and has mostly double glazing. 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 Farm Cottage, Morpeth within a radius of 7.5 kilometres over the last 2 years.
The most recent example is Rockwood House, Morpeth, NE65 7NA, a freehold house which sold for £336,000 on the 24th May 2024.
Read more about house prices in NE65.
•Nearby is defined as the radius comprising the nearest 2,000 addresses.
Thropton, Morpeth, NE65 has a total of 206 addresses. According to our analysis of all the public data, Farm Cottage, Morpeth is the 29th largest and the 72nd most expensive property on the street.
When compared to the postcode district it is £60k more expensive than the average property in NE65.
The closest station to Farm Cottage, Morpeth is Acklington station which is 19.2 kilometres away.
According to recent data from Ofcom, superfast broadband is available in this area.
According to recent data from Ofcom, Superfast 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 Farm Cottage, Morpeth, 59.5% of property is privately owned outright and 24.3% 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 Farm Cottage, Morpeth, 11.6% of residents are recorded as possessing school level qualifications and 47.9% 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 Farm 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 Farm Cottage, Morpeth, 2.1% 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 Farm Cottage, 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.