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According to the public record, Hazon Mill Cottage, Morpeth is a period freehold house with 1,948 ft2 of internal area.
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 Hazon Mill Cottage, Morpeth is £547,394 and the estimated rental value is £2,031 per month.
Acklington, Morpeth, NE65 is located within the NE65 postal district.
Hazon Mill Cottage, Morpeth has a single entry in the Land Registry from May 2019 and a single entry in the EPC database dated March 2019.
We combine this information with that of neighbouring properties to estimate the property attributes and values.
The local information is scored as 2 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 Hazon Mill Cottage, Morpeth is in very good condition we estimate a sale value of £574,764 and a rental value of £2,133 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £509,076 and a rental value of £1,889 per month.
Over the last 12 months the sale value of Hazon Mill Cottage Morpeth has increased by an estimated £6,603 (1.2%) and its rental value has increased by an estimated £58 per month (2.8%), giving an expected gross yield of 4.5%.
Hazon Mill Cottage, Morpeth has an Energy Performance Rating (EPC) of E. This is based on the most recent assessment, dated 06 Mar 2019.
The property is not connected to mains gas and has fully double glazed windows. It is heated using Boiler and radiators, oil.
According to HM Land Registry, Hazon Mill Cottage, Morpeth was last sold on 15th May 2019 for £427,600 and was recorded as a freehold house.
The property has only had this single sale since 1995.
Since May 2019, the market for similar properties has risen 8.3%
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to Hazon Mill Cottage, Morpeth within a radius of 4.4 kilometres over the last 2 years.
The most recent example is The Granary, Hazon, Morpeth, NE65 9AT, a freehold house which sold for £385,000 on the 27th August 2019.
Read more about house prices in NE65.
•Nearby is defined as the radius comprising the nearest 2,000 addresses.
Acklington, Morpeth, NE65 has a total of 121 addresses. According to our analysis of all the public data, Hazon Mill Cottage, Morpeth is the 25th largest and the 36th most expensive property on the street.
When compared to the postcode district it is £255k more expensive than the average property in NE65.
The closest station to Hazon Mill Cottage, Morpeth is Acklington station which is 4.2 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.
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The recent census recorded whether a resident owned or rented their home.
In the area around Hazon Mill Cottage, Morpeth, 67.4% of property is privately owned outright and 20.5% 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 Hazon Mill Cottage, Morpeth, 12.0% of residents are recorded as possessing school level qualifications and 43.0% 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 Hazon Mill Cottage, Morpeth, the average age was 48 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 Hazon Mill 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 Hazon Mill 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.
