Hillcrest, Morpeth
Hillcrest, Morpeth
Description & Estimates
Hillcrest, Morpeth is recorded publicly as an early-century freehold house across 979 ft2 of internal area, sitting on a 322 m2 plot.
Locally, houses of this size normally have 3 bedrooms with a garden.
Our estimate of the sale value of Hillcrest, Morpeth is £232,207 and its rental estimate is £1,466 per month, given the available information and assuming reasonable condition.
Main Street, Red Row, Morpeth, NE61 falls within the NE61 postal district.
Our Data Sources
Hillcrest, Morpeth has 2 entries in the Land Registry , most recently in October 2018 and a single entry in the EPC database dated June 2018.
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.
Price Range & Condition
The condition of a property plays an important role in determining its value, with the degree of impact varying by property type, size and location.
For Hillcrest, Morpeth, we estimate a market value of £243,818 and a rental value of £1,539 per month when presented in very good decorative order. Should the property require extensive cosmetic improvement, those figures would reduce to £215,953 and £1,363 per month respectively.
Recent Market Change
Over the last year, Hillcrest, Morpeth has seen its estimated sale value grow by £8,220 (3.5%) and its estimated rental value climb by £73 per month (5.0%). This results in an estimated gross rental yield of 7.6%.
Plot Size
HM Land Registry records the plot of land for Hillcrest, Morpeth as measuring 322 m2.
That makes it the 14th largest plot in the postcode, where all 21 other houses have recorded plot data.
Energy Efficiency
Hillcrest, Morpeth has an Energy Performance Rating (EPC) of C. This is based on the most recent assessment, dated 13 Jun 2018.
The property is connected to mains gas and has fully double glazed windows. It is heated using Boiler and radiators, mains gas.
Sold Prices
The most recent sale of Hillcrest, Morpeth completed on 16th October 2018 at £164,000 and was recorded by HM Land Registry as a freehold house.
Since 1995 the property has sold twice.
Values of comparable properties have risen by 60.7% over the period since October 2018.
- Sold Oct 2018£164,000
- Sold Nov 2009£124,950
Similar Properties Sold Nearby
Over the past 2 years 3 properties similar to Hillcrest, Morpeth have sold within a radius of 3.8 kilometres, per the Land Registry and our network of Estate Agents.
The latest, on the 25th February 2020, was Claremont, Main Street, Morpeth, NE61 5AL, a freehold house which sold for £178,000.
Read more about house prices in NE61.
•Nearby is defined as the radius comprising the nearest 2,000 addresses.
More reading links
Location Comparison
Of the 112 addresses on Main Street, Red Row, Morpeth, NE61, Hillcrest, Morpeth comes out as the 51st largest and the 30th most expensive in our analysis of the public data.
It is also £49k less expensive than the average property across the NE61 district.
More reading links
Schools Nearby
- 700mRed Row Primary School
- 1.6kmBroomhill Primary School
- 4.4kmKing Edwin Primary School
- 4.1kmJames Calvert Spence College
- 12.7kmAshington Academy
- 13.2kmThe Duchess's Community High School
More reading links
Public Transport Nearby
From Hillcrest, Morpeth, the nearest station is Acklington, 3.4 kilometres away.
- 3.4kmAcklington
- 5.6kmWiddrington
- 11.4kmAlnmouth
Available Internet Speeds
Broadband here reaches superfast speeds, based on recent Ofcom data.
According to recent data from Ofcom, Superfast broadband is available in the area.
Risk of Flooding
The flood risk here is rated very low, based on Environment Agency data.
