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Bricks&Logic is a trading name of Urban Markets Ltd
Company No. 11113204
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VAT No. GB 287 0845 68
Registered Address: 2 Leman St, London E1 8FA
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According to the public record, High Common Farm Cottage is a period house with 635 ft2 of internal area.
Houses of this size in this area normally have 3 bedrooms with a garden.
Based on available information, and assuming reasonable condition, the estimated sale value for High Common Farm Cottage is £163,335 and the estimated rental value is £1,205 per month.
Morpeth, NE61 is located within the NE61 postal district.
High Common Farm Cottage has no records in the the Land Registry and a single entry in the EPC database dated August 2018.
We combine this information with public data 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 High Common Farm Cottage is in very good condition we estimate a sale value of £171,501 and a rental value of £1,265 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £151,901 and a rental value of £1,120 per month.
Over the last 12 months the sale value of High Common Farm Cottage has increased by an estimated £6,392 (3.9%) and its rental value has increased by an estimated £59 per month (4.9%), giving an expected gross yield of 8.9%.
High Common Farm Cottage has an Energy Performance Rating (EPC) of G. This is based on the most recent assessment, dated 13 Aug 2018.
The property is not connected to mains gas and has some double glazing. It is heated using Room heaters, dual fuel (mineral and wood).
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to High Common Farm Cottage within a radius of 1.4 kilometres over the last 2 years.
The most recent example is 3, Hawthorn Court, Morpeth, NE61 2LF, a freehold house which sold for £140,000 on the 14th May 2024.
Read more about house prices in NE61.
•Nearby is defined as the radius comprising the nearest 2,000 addresses.
Morpeth, NE61 has a total of 243 addresses. According to our analysis of all the public data, High Common Farm Cottage is the 232nd largest and the 226th most expensive property on the street.
When compared to the postcode district it is £115k less expensive than the average property in NE61.
The closest station to High Common Farm Cottage is Morpeth station which is 1.9 kilometres away.
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 High Common Farm Cottage, 63.4% of property is privately owned outright and 25.2% 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 High Common Farm Cottage, 12.9% of residents are recorded as possessing school level qualifications and 51.8% 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 High Common Farm Cottage, the average age was 47.5 and the most common age was 72.
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 High Common Farm Cottage, 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 High Common Farm Cottage, 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.
