Lightwater House, Morpeth
Lightwater House, Morpeth
Description & Estimates
Lightwater House, Morpeth is described in the public record as a period house with 1,646 ft2 of internal area.
Locally, houses of this size normally have 4 bedrooms with a garden.
Our estimate of the sale value of Lightwater House, Morpeth is £593,680 and its rental estimate is £1,922 per month, given the available information and assuming reasonable condition.
Mitford, Morpeth, NE61 falls within the NE61 postal district.
Our Data Sources
Lightwater House, Morpeth has no records in the the Land Registry and a single entry in the EPC database dated April 2017.
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.
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 Lightwater House, Morpeth, we estimate a market value of £623,364 and a rental value of £2,018 per month when presented in very good decorative order. Should the property require extensive cosmetic improvement, those figures would reduce to £552,122 and £1,788 per month respectively.
Recent Market Change
Over the last year, Lightwater House, Morpeth has seen its estimated sale value move up by £6,511 (1.1%) and its estimated rental value increase by £46 per month (2.4%). This results in an estimated gross rental yield of 3.9%.
Energy Efficiency
Lightwater House, Morpeth has an Energy Performance Rating (EPC) of G. This is based on the most recent assessment, dated 05 Apr 2017.
The property is not connected to mains gas and has single glazed windows. It is heated using Boiler and radiators, LPG.
Similar Properties Sold Nearby
Over the past 2 years 3 properties similar to Lightwater House, Morpeth have sold within a radius of 4.1 kilometres, per the Land Registry and our network of Estate Agents.
The latest, on the 14th December 2021, was River View, Morpeth, NE61 3PR, a freehold house which sold for £560,000.
Read more about house prices in NE61.
•Nearby is defined as the radius comprising the nearest 2,000 addresses.
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Location Comparison
Of the 75 addresses on Mitford, Morpeth, NE61, Lightwater House, Morpeth comes out as the 33rd largest and the 18th most expensive in our analysis of the public data.
It is also £313k more expensive than the average property across the NE61 district.
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Schools Nearby
- 3.8kmMorpeth All Saints Church of England First School
- 4.2kmAbbeyfields First School
- 4.6kmSt Roberts Catholic First School, Morpeth
- 4.7kmThe King Edward VI School
- 10.8kmSt Benet Biscop Catholic Academy
- 11.9kmAshington Academy
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Public Transport Nearby
From Lightwater House, Morpeth, the nearest station is Morpeth, 5.2 kilometres away.
- 5.2kmMorpeth
- 7.8kmPegswood
- 12.4kmAshington
Available Internet Speeds
Internet coverage here is poor, based on recent Ofcom data, and connectivity may be weak or unavailable.
According to recent data from Ofcom, Slow/none broadband is available in the area.
Risk of Flooding
The flood risk here is rated very low, based on Environment Agency data.
